CFOs in the energy industry face distinctive challenges that demand strategic financial expertise and adaptability: optimizing costs, managing rising interest rates, and producing more energy at lower cost with fewer emissions. CFGI provides accounting advisory, business transformation, tax, and transaction support tailored to the energy sector.
Energy and utilities CFOs are navigating a structural shift simultaneously from multiple directions: the energy transition, investor demands for better returns, rising cost of capital, and a regulatory environment that keeps expanding. The finance function has to be more adaptable than ever.
Investors are demanding better returns while input costs remain volatile. CFOs are under pressure to improve margins without compromising the capital investment required to maintain and expand production capacity.
Oil and gas companies are diversifying into renewables, retiring legacy assets, and financing new infrastructure at the same time. Each of these moves creates accounting complexity that has to be managed correctly from day one.
Higher borrowing costs affect project economics, capital structure decisions, and the accounting for complex financing arrangements. Energy companies with significant long-term capital requirements feel this more acutely than most.
Whether preparing for a first audit, accessing public capital markets, or going through M&A due diligence, energy companies face compressed timelines where accounting gaps surface at the worst possible moment.
CFGI delivers specific expertise across accounting advisory, business transformation, tax, and transaction advisory, all calibrated to the unique financial and operational demands of energy and utilities companies.
CFGI provides energy CFOs with the insights and practical guidance to make informed decisions, optimize financial strategies, and achieve accelerated investments in the dynamic energy business landscape.
CFGI has supported energy clients from oil and gas exploration through renewable energy and gas utilities, across audit readiness, IPO readiness, general consulting, and M&A due diligence.
Assisted Fundare Resources, an oil and gas exploration and production company, in achieving full audit readiness. Engaged the accounting advisory team to assess current-state financial reporting processes, close gaps in documentation and controls, and prepare the organization for its first formal audit.
Provided IPO readiness services in the accounting advisory capacity for Drilling Tools International Holdings, Inc., an oilfield services company. Supported the company’s transition to public company reporting standards, including financial statement preparation, SEC registration support, and disclosure readiness.
Delivered general consulting services in the accounting advisory capacity to Greenbacker Renewable Energy Company LLC, a renewable energy company. Provided senior accounting advisory support across financial reporting, technical accounting matters, and operational finance in the renewable energy sector.
Conducted financial and accounting due diligence under the Transaction Advisory Services platform for Meritus Gas, a gas utilities company. Assessed the financial statements, accounting policies, and reporting quality of the target as part of an M&A transaction process.
From audit readiness and IPO support through tax provisions and M&A due diligence. Same senior energy practitioners, sized to the engagement.