Introduction to Oil Company Financial Analysis

There has always been a bit of magic in the stock market, especially when it comes to oil companies. When the oil industry and the stock market get together, the affair is usually dynamic and not always pleasant. Basic principles are widely understood in the financial industry, but the terminology and analytical techniques can vary greatly. This book is written for the nonfinancial shareholders, managers, and oil company employees interested in the forces that influence stock values. The bottom line in any company is expressed in the language of finance. This book explains financial concepts in a nontechnical, practical way so that nonfinancial professionals and others may understand and appreciate this aspect of the business. The value information found in this book includes abbreviations and expanded definitions of key terms, energy conversion factors, reporting systems and statements, and stock tables explained.
Content:
Front Matter
• Table of Contents
1. Introduction
2. Fundamentals of Valuation
3. Accounting Systems for Oil and Gas
4. Financial Statement Analysis
5. Valuation of Common Stock
6. Competitive Comparisons
7. Segment Valuation
8. Value of Reserves-in-the-Ground
9. Corporate Restructuring
10. Legal and Tax Environment for Mergers
11. Valuation of Bonds and Preferred Stock
Appendices
• Glossary
Index