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48 THREE-STEP PROCESS FOR ESTIMATING A FIRM'S WACC Compano Inc. was founded in 1986 in Baytown, Texas. The firm provides oil-field services to the Texas

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48 THREE-STEP PROCESS FOR ESTIMATING A FIRM'S WACC Compano Inc. was founded in 1986 in Baytown, Texas. The firm provides oil-field services to the Texas Gulf Coast region, including the leasing of drilling barges. Its balance sheet for year-end 2014 describes a firm with $830,541,000 in book value assets that has a market value of $1.334 billion

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