Course Objectives

• Determine the external and internal  uses of financial statement analysis
• Determine the primary types of financial statements
• Use the Contents of the Income Statement, Balance Sheet and Statement of Cash Flows to Evaluate a Company's Performance
• Formulate a possible framework for analysis
• Employ techniques of financial analysis
• Understand how to use the Balanced Scorecard as an integrated approach for performance evaluation in Oil and Gas Companies
• How to use Financial Analysis in Oil and Gas Companies

Who Can Benefit?

• Controllers -  senior finance managers- executives and those with expertise in their own fields who need to acquire expertise in financial management

Course Outline

• The Financial Statements

• External Uses of Statement Analysis
• Internal Uses of Statement Analysis
• Primary Types of Financial Statements in Oil and Gas Companies
• Financial Statements in Oil and Gas Companies

• A Framework for Analysis: The First Two Steps

• Analysis of the funds needs of the firm
• Analysis of the financial condition and profitability of the firm
•  A Framework for Analysis The First Two Steps

• Trend and Ratio Analysis in Oil and Gas Companies

• Trend analysis
• Use of Financial Ratios
• Types of Comparisons
• Liquidity Ratios
• Financial Leverage Ratios
• Coverage Ratios
• Activity Ratios
• Profitability Ratios
• Ratio Analysis in Oil and Gas Companies

• Reserve Ratios

• Reserve Replacement Ratio
• Reserve Life Ratio
• Net Wells to Gross Wells Ratio
• Average Reserves Per Well Ratio
• Average Daily Production Per Well

•  Reserve Cost Ratios

• Finding Costs Per BOE
• Lifting Costs Per BOE
• DD&A Per BOE

• Reserve Value Ratios

• Value of Proved Reserve Additions Per BOE
•  Value Added Ratio

• Ratio Analysis in Oil and Gas Companies
• Performance Evaluation in Oil and Gas Companies- An Integrated
  • Approach -Balanced Scorecard
  • Financial Perspective
  • Financial Perspective
  • Customer Perspective
  • Internal Business Process Perspective
  • Learning & Growth Perspective
  • Ratio Analysis in Oil and Gas Companies
• A Framework for Analysis: The Last Two Steps
  • Financial Derivatives and Risk of the firm
  • Determining the financing needs of the firm
  • Framework for Analysis The Last Two Steps

Call Us Now