Downstream

Oil refineries, petrochemical plants, and the marketing and distribution of fuel and other petrochemical products — downstream is a broad and complex segment of the energy industry. In all of these operations, companies must manage complex data from multiple sources, using too-few staff and systems that are often not integrated.

Our size and long-term commitment to downstream energy allow us to provide a wide range of services. Our clients range from Fortune 500 companies to innovative start-ups. Whether evaluating the capitalization on the latest major maintenance of a fractionator or reviewing a company’s production process against industry best practices to control methane emissions, Weaver offers services to meet your specific needs.

What Makes Weaver Different?

• Dedicated audit/tax planning for efficient engagements, minimizing requests to your staff and providing a high level of partner interaction
• Consistent industry teams that understand your business, industry and market conditions
• Involvement in oil and gas organizations - we have a vast network and focus on referrals
• Global, full service offerings for the energy space
• Consultative approach, not just compliance-driven
• Boots on the ground, with a large presence in the communities we serve
• Private equity focus: investor confidence, deadline-driven, efficiency
• Commitment to staff development with specialized training on the energy side

How Can Weaver Help You?

State & Local Tax Services

• Tax overpayment recovery and audit defense
• Sales and use tax consulting and compliance
• Property tax consulting and compliance
• Income and franchise tax consulting and compliance
• Compliance automation, outsourcing and co-sourcing
• Corporate relocation services
• Motor fuels and excise tax

International Tax Services 

• U.S. investment overseas
• Foreign tax
• Expatriate and global mobility services
• Foreign investment in U.S.

Federal Tax Services and Strategic Planning

• Private client services
• Business tax services
• Tax M&A and due diligence
• R&D tax credits
• Federal and state tax credit reviews (oil & gas)
• Strategic tax planning
  • Carried interest analysis 
  • Motor fuels and excise credits
  • Energy compliance services coordination and value-add
  • Institutional and foreign investor structuring 
  • Rate arbitrate transactional analysis (ordinary vs. capital gains) 
  • Focus on management team tax implications and planning 
  • Life-cycle focused tax strategy (acquisition, operational, disposition) 

Assurance and Advisory Services

• Financial statement audits, reviews and compilations
• Outsourced accounting services
• IFRS assessment and conversion
• Process Improvement and Reengineering
• Agreed-upon procedures
• Materials requirements planning
• Budgets/variance analysis
• Pre-IPO consulting
• Risk management and internal audit
• Environmental, Social and Governance (ESG) reporting
• Business intelligence
• Process automation
• Scenario-based sensitivity modeling and decision support
• Cost reduction and process reengineering
• Energy Compliance Services
• Cybersecurity and IT consulting
• Technical accounting
• Valuation and transaction due diligence service