Valuing Oil and Gas Companies: A Guide to the Assessment and Evaluation of Assets, Performance and Prospects [Hardcover]

Nick Antill (Author), Robert Arnott (Author)

Book Description

ISBN-10: 1855734516 | ISBN-13: 978-1855734517 | Publication Date: June 19, 2000 | Edition: 2

This unique book analyses all the commercial aspects of oil companies, taking into account the significant structural changes within the sector since the mid-1990s.

Editorial Reviews

From the Publisher

The development of the oil industry - Introduction - Oil industry history - The companies - Reserves and production - Future potential - The oil industry today

Economic assumptions - A non-renewable resource - Oil market demand - Non-OPEC supply - The economics and politics of OPEC - The short term - Price - Refining margins - Natural gas markets

Oil industry accounts - Accounts and economics - Oil company consolidated accounts - Oil industry accounting conventions - International accounting comparisons - Conclusions

Valuation of exploration and production companies - Introduction - The industry method of asset valuation - Exploration acreage - Asset value components - Evaluating asset value growth - Acquisitions - Exploration company performance

Integrated oil companies - Introduction - Activities and structure - Exploration and production - Downstream oil - Refining - Marketing - Downstream profitability - Comparative analysis - Absolute evaluation - Conclusions

Oil industry corporate finance - Introduction - Theoretical background - One world, regional variety - Exploration and production companies - a special case - Oil industry financing

Conclusions - Industry background - E and P companies - Integrated companies - Equity market behaviour - Challenges for the future

Product Details

• Hardcover: 300 pages
• Publisher: Woodhead Publishing; 2 edition (June 19, 2000)
• Language: English
• ISBN-10: 1855734516
• ISBN-13: 978-1855734517
• Product Dimensions: 9.4 x 6.5 x 0.9 inches
• Shipping Weight: 1.6 pounds (View shipping rates and policies)
• Average Customer Review: 3.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #2,140,076 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

15 of 15 people found the following review helpful:

3.0 out of 5 stars Good content, misleading title, June 2, 2001

By A Customer

This review is from: Valuing Oil and Gas Companies: A Guide to the Assessment and Evaluation of Assets, Performance and Prospects (Hardcover)

Antil's book is an excellent overview of the history of oil & gas markets, the activities of different types of players and some economic/financial issues. It also contains a reasonable summary of future predictions on the dynamics and trends that are likely to develop. It is by no means, however, a book that serves the purpose as described by its title. It is not written from a corporate finance/valuation perspective and it has little content on valuation methodologies and their appropriateness for different companies. It could really use a couple of in depth examples of valuing a major with segmenting the valuation of upstream, downstream oil as well as gas activities. I would definately recommend it to someone who has had very little industry knowledge, but don't expect to learn oil & gas company valuation.