David Scott is a managing director in the Energy and Mining Portfolio Valuation group of Duff & Phelps. David has worked throughout the Alternative Asset Advisory, Financial Reporting, Transaction Opinion and Dispute Consulting practices within Duff & Phelps and has more than 12 years of experience in the energy industry and 10 years with Duff & Phelps.
David’s professional experience includes valuation of business enterprises, equity and debt interests, various fixed and intangible assets associated with businesses, portfolio analysis, transactional analysis, allocation of purchase price and litigation support purposes. David has managed a range of engagement types, including valuation of minority and control equity interests for various purposes, portfolio valuation assurance, ESOPs, corporate planning, recapitalizations and arbitrations and litigations.
A significant amount of David’s experience in the valuation of business enterprises and equity and debt interests has focused on the valuation of illiquid securities of private equity and hedge funds as well as fund of funds investors. He has performed valuations of portfolios of illiquid equity interests held by large private equity funds and has valued management fees and carried interest for private equity management entities.
David’s private equity and hedge fund experience includes the quarterly valuation of private loans, including senior secured and subordinated debt, convertible preferred and common equity, warrants and other derivatives, and limited partner and general partner interests. David values hundreds of energy investments each quarter.
David has substantial industrial products experience focused on the nuclear, fossil, renewable power, transmission & distribution, utility, refining and oil and gas sectors. David has extensive experience in advising and assisting clients within the energy industry with the application of Accounting Standards Codification (ASC) 820 - Fair Value Measurements, ASC 805 - Business Combinations and ASC 350 - Goodwill and Other Intangibles. David's power industry experience includes the valuation of combined cycle, simple cycle, coal/lignite and nuclear power plants as well as several types of renewable assets. David's oil and gas expertise includes the valuation of world-wide upstream, midstream and downstream assets in various stages of development.
David also has extensive experience in economic forecast modeling and has teamed with various analytics and market forecast consultants on numerous engagements. He has performed engagements in numerous locations throughout North America, South America, Africa, Asia, Australia, Central America, Europe, and South America.
Prior to joining Duff & Phelps, David was an analyst with El Paso Merchant Energy Company.
David received a B.S. with the highest distinction in finance, with significant coursework in economics, from University of Oklahoma. He also received a B.A. in political science from the University of Oklahoma.