The CPA Desk

A Thought Leader Production by PKFTexas

Energy Companies Evaluate Their Business

Russ: This is the PKF Texas Entrepreneur’s Playbook. I am Russ Capper, this week’s guest host and I’m here once again with Scott Soles, a Director in PKF Texas’ Energy Practice. Scott, welcome back to the Playbook.

Scott: Thank you very much for having me again.

Russ: You bet. So last time we were talking about these energy companies that might be under pressure these days and they call and you go out and step one, I think you said it’s a holistic approach, which sounded real interesting, but give us detail about that holistic approach.

Scott: It starts with a conversation. We have to get in front of the client, sit down with them, understand what they’re thinking today about their business, what their concerns might be and just take that conversation deeper and deeper until we get to where the rubber meets the road. Eventually at some point we’re talking about evaluating their business; the technology, the people, the processes, other infrastructure, investments, assets on their books, costs. So it’s very in depth and essentially what that ends up coming back to in this conversation is we just think it’s time for the clients and for us to revisit the state of oil and gas today.

Russ: Oh, interesting, state of oil and gas today. Now you’ve written a piece called State of Oil and Gas today, right?

Scott: I have.

Russ: How could one find that?

Scott: Find State of Oil and Gas, click on it and you’ve got it.

Russ: Great. Well Scott, thank you so much for visiting with us again on the Playbook.

Scott: Thank you for having me once again.

Russ: You bet, you bet. This has been another Thought Leader production brought to you by PKF Texas Entrepreneur’s Playbook. Tune in next week for another chapter.