Oil and gas valuation book
Oil & Gas Valuation | Euromoney LearningUsing VAT IT's extensive experience and simple sign-up and refund process, every invoice can be turned into cash for your business. By partnering with Euromoney Learning, we can provide you with a fast and effective way to reclaim your VAT which helps reduce the cost of your training. Can I claim back the VAT myself? For European clients, please refer to form VAT All other clients, please refer to form VAT 65A. This 4 day course provides necessary practical skills to model and value upstream, midstream, and downstream assets, from the perspective of an investor, equity analyst, or as part of a corporate transaction.
Part 1: Oil and gas company valuation, reserves, and production
Analysts in the oil and gas sector use five multiples to get a better idea of how companies in the sector are faring against their competition. A basic understanding of these widely-used multiples is a good introduction to the fundamentals of the oil and gas sector. Those acronyms in full are Enterprise Value compared to earnings before interest, tax, depreciation, and amortization. It's also referred to as the enterprise multiple. This multiple is used to determine the value of an oil and gas company.
The 3-day training course is pitched to appeal to professionals with a large range of technical and commercial backgrounds and varying levels of experience seeking insight to the broad range of asset valuation techniques required across the industry. This course discusses the key variables and issues associated with petroleum asset valuations and provide an appreciation of how to assess the key uncertainties involved. The course is pitched to appeal to professionals with a large range of technical and commercial backgrounds and varying levels of experience seeking insight to the broad range of asset valuation techniques required across the industry. In addition the course provides details of the micro-economic issues facing oil and gas asset operators. The course incorporates a sequence of short exercises and case studies to reinforce the tools and techniques discussed. This course is designed for a multi-disciplined audience with diverse oil and gas, financial, petroleum economics, technical, strategic planning, risk management and operational backgrounds.
Valuing Oil & Gas Assets: the Complexities and Key Considerations
Due to the historical popularity of this post, we revisit it this week. Originally published in , this post helps you, the reader, understand how to determine the fair market value of oil and gas reserves. As we discussed before , the FASB and SEC offer reporting guidelines regarding the disclosure of proved reserves, but none of these represent the actual market price. The IRS provides guidance in determining the fair market value of an oil and gas producing property. Treasury Reg. When valuing acreage rights comparable transactions do provide the best indication of value. However, when valuing reserves, a DCF is often the best way to allocate value to different reserve categories because comparable transactions are very rare as the details needed to compare these specific characteristics of reserves are rarely disclosed.