sector expertise
We see opportunities midstream outsiders miss.
Midstream oil and gas is a complex business with highly specialized equipment and facilities. You’re transporting hydrocarbons subject to significant price volatility and changing market dynamics across hundreds or even thousands of miles. Many outside the industry fail to understand the details and even the terminology. But Merit Advisors does. We were founded to support energy companies and augment their internal expertise.
- With our in-depth industry knowledge, proprietary methodologies and custom-built software, Merit helps midstream companies unlock trapped value others might not see.
- Our commitment to being a collaborative partner, including a rare level of transparency for this space, ensures our solutions pay dividends for years to come.
- You gain more capital for strategic initiatives—like expanding your asset base, rewarding shareholders or strengthening the balance sheet.
“Additional resources, expertise, detailed contract reviews, negotiations with auditors—what don’t they help us with?”
Senior Director of Operational Tax
Large Public Midstream Company
Midstream Services
Explore our solutions for midstream oil and gas companies.
Property Tax Services
Reduce Your Tax Burden. Reinvest in Your Business.
How much should your oil and gas assets be taxed? The answer is far from straightforward. There’s a maze of factors involved—and Merit knows them like nobody else does. Our energy property tax experts examine every facet of your well economics to ensure fair and accurate valuations.
- Exhaustive asset review factors in all available inputs including our intimate knowledge of regional E&P activity that drives midstream demand.
- Ensuring every one of your assets is properly rendered to protect you from potential punitive long-term liability.
- Leveraging trusted relationships with tax authorities to avoid bureaucratic delays and advocate for you more effectively.
- Helping you accurately budget for next year’s spend through regular accrual updates that eliminate surprises.
- Implementing processes to keep your valuations down year after year over the long term.
$7 Billion
Ad valorem value reduction achieved for our clients in 2023
Sales & Use Tax Services
Minimize Your Sales Tax Spend. Maximize Cash Flow.
Merit scrutinizes every cent you spend to develop and operate your assets to ensure you only pay what’s right and fair. We also advise you on proactive strategies to minimize your tax liability going forward—like restructuring vendor contracts and business entities.
- Unique insight into the nuances of midstream capital expenditures and operating costs helps us reduce your spend and recover overpayments.
- Longstanding relationships with state auditors help us accelerate audit processes and achieve optimal outcomes.
- Helping you prevent unnecessary cash outlays going forward instead of keeping our work secret so we can continue recovering overpayments.
- Proactive approach includes customized training to help you prevent unnecessary cash outlays going forward.
- Tailoring engagement structures to your requirements whether you have one project or need a fully outsourced sales tax department.
Credits & Incentives Services
Get Credit for Your Contributions
As a midstream company, you’re constantly investing in technology to achieve objectives such as:
- Making your systems more reliable
- Improving your monitoring capabilities
- Reducing your carbon footprint and overall energy consumption
There’s a broad range of R&D incentives available for those activities, which can have a significant impact on your bottom line. With our oil and gas focus, Merit knows the local and federal incentive opportunities like nobody else—and we built a dedicated team to help you capitalize on them.
Real Estate Services
Optimize Your Asset Portfolio
Partnering with Merit for state and local tax advisory affords us a comprehensive view of your real estate and business personal property. By developing a detailed and exhaustive understanding of your asset base, our multidisciplinary team can apply their expertise in numerous ways to minimize your cash outlays so you can reinvest in your business.
Our real estate services fall into three general categories:
- Valuation – Includes appraisal of both tangible and intangible assets; asset screening and verification; and compliance and tax evaluation.
- Monetization – Includes capital and funding evaluation; acquisition and disposition support; M&A facilitation; and leasing, subleasing and lease auditing services.
- Advisory – Includes advisory and execution services for sale-leaseback initiatives as well as advisory services on development and construction; site selection and credits/incentives; repositioning; asset remediation; real estate portfolio strategy; and property management and monitoring.
How Much Value Can
Merit Add to Your Business?
Let our expert team of energy business advisors perform a health check to find out. Chances are Merit can add value, but if not we’ll tell you—honestly.
