Description

Table of Contents

1. Introduction
2. ECONOMICS OF THE PETROLEUM INDUSTRY
   1. Introduction
   2. History of Oil
   3. Development of OPEC
   4. Future Supply and Demand
   5. Chapter One Review Questions
   6. Chapter One Answers
3. CAPITAL PROJECT EVALUATION
   1. Introduction
   2. Cost of Capital
   3. Weighted Average Cost of Capital
   4. Project Evaluation
   5. Chapter Two Review Questions
   6. Chapter Two Answers
4. RATIO ANALYSIS
   1. Introduction
   2. Ratios Discussed
   3. Liquidity Ratios
   4. Profitable Ratios
   5. Activity Ratios
   6. Leverage Ratios
   7. A Word of Caution
   8. Chapter Three Review Questions
   9. Chapter Three Answers
5. EVALUATING OTHER COMPANIES
   1. Introduction
   2. Balance Sheet Approach
   3. Earnings Approach
   4. Combined Appraisal Techniques
   5. Chapter Four Review Questions
   6. Chapter Four Answers
6. VALUATION OF BONDS AND PREFERRED STOCK
   1. Introduction
   2. Bonds
   3. Preferred Stock
   4. Chapter Five Review Questions
   5. Chapter Five Answers
7. PERFORMANCE ANALYSIS
   1. Introduction
   2. Employee Statistics
   3. Reserve Statistics
   4. Chapter Six Review Questions
   5. Chapter Six Answers
8. CORPORATE RESTRUCTURING
   1. Introduction
   2. Mergers
   3. Spin-offs
   4. Leveraged Buyouts
   5. Stock Repurchase Programs
   6. Chapter Seven Review Questions
   7. Chapter Seven Answers
9. FINDING COST
   1. Introduction
   2. Costs to Include in Finding Cost
   3. Reserves To Include In Finding Cost
   4. Example of Finding Cost and Cost of Reserves Added
   5. Comprehensive Example
   6. Chapter Eight Review Questions
   7. Chapter Eight Answers
10. VARIANCE ANALYSIS
    1. Introduction
    2. Basic Volume/Price Formulas
    3. An Oil Example
    4. Changes in Producing Days
    5. Other Applications
    6. Chapter Nine Review Questions
    7. Chapter Nine Answers
11. SAMPLE TEST
    1. Sample test Questions
    2. Sample Test Answers