Paul Legoudes

Industry Sectors

• Upstream
• Midstream
• Downstream
• Oilfield Services
• Industrials
• Consumer Products

Principle Areas of Practice

• Mergers & Acquisitions
• Valuation for Financial Reporting & Tax
• Business Valuation
• Oil & Gas Reserve Valuation
• Intangible Asset Valuation
• Gift & Estate Valuation
• Restructuring
• Fairness and Solvency Opinions

Professional Experience

Paul is a Managing Director at Opportune LLP and leads the firm’s Valuation Advisory Services practice. Paul has over 20 years of experience assisting clients with complex valuation needs. Paul has extensive experience providing valuation services for financial reporting, tax, restructuring and management decision-making purposes. Prior to joining Opportune, Paul worked as a Director within PwC’s Transaction Services group and a Vice-President with Duff & Phelps. He started his career in Arthur Andersen’s tax practice.

Paul earned his BBA in Accounting from Sam Houston State University and his MBA from The University of Texas at Austin where he specialized in Finance. While at The University of Texas, Paul was a Portfolio Manager for The MBA Investment Fund LLC.

Paul is a CPA in the state of Texas and is a CFA Charterholder.

Representative Projects

• Led valuation engagements for financial reporting and tax purposes; extensive experience performing purchase price allocations for business combinations (ASC 805 and IRC 1060), long-lived asset impairments (ASC 360), goodwill impairments (ASC 350) fresh start accounting (ASC 852), and gift & estate tax valuations.
• Led valuation services projects for over 50 E&P companies on over 300 engagements.
• Led liquidation and going concern valuations for corporate restructurings.
• Served as the expert witness in three debtor-side corporate restructurings.
• Valued intangible assets for midstream, oilfield services, fuel/c-store, industrial manufacturing, and consumer products businesses.
• Performed business enterprise valuation services for companies in multiple industries.
• Led fairness and solvency opinions.
• Assisted companies during pre-deal financial diligence with valuation for accretion/dilution purposes, as well as model review and value-driver sensitivity analyses.