Oilfield

As an industry that experiences rapid upswings and sudden declines, oilfield manufacturing companies need to be nimble and prepared to react quickly to market fluctuations that hit manufacturing and related services earlier and more severely than the upstream producers they serve. From a cash flow and debt standpoint, companies need stability in order to weather the ups and downs of this volatile business that is impacted by commodity prices on both ends; sales and direct costs. Fundamentals, precision in execution, and consistency are key.

Weaver helps companies stay agile with efficient processes and strong financials. We help companies understand where the cost drivers are, what can be ramped up and down quickly to create timely responses to movements in the markets. Oilfield manufacturers rely on us for traditional tax and assurance services as well as assistance with identifying, understanding, and managing risks in the  achievement of strategic objectives.

Our services include:

• Assurance Services: Audit/Review/Compilation, Agreed-Upon Procedures, Employee Benefit Plan, IFRS Assessment and Conversion, Public Company, SOC Reporting

  Tax Services: Federal, State and Local, International, Private Client

  Advisory Services: Anticorruption & Compliance, CFO Advisory, ESG Reporting, Forensics & Litigation, Green Business, IT Advisory, Public Company, Restructuring & Turnaround, Risk Advisory, Transaction Advisory, Valuation

In addition to these core services, we offer a breadth of support for oilfield manufacturers with national and international operations. Some of these services include:

• R&D Tax Credits
• Property Tax Compliance
• Business valuations / quality of earnings (Q of E)
• SOX Compliance
• Outsourced Internal Audit
• Process Re-engineering
• Product level rate of return analysis
• Cybersecurity Advisory
• CIO Advisory
• Cost Reduction