Description
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.
Features & Benefits
- Abbreviations and expanded definitions of key terms
- Energy conversion factors
- Reporting systems & statements
- Stock tables explained
Audience
- Field level personnel
- Management
- Energy lending and finance professionals
- Anyone who seeks to understand how, or relies upon, energy markets
- Students
About the Authors
David Johnston is an engineering and petroleum industry consultant who has worked and lectured internationally on the subjects of energy and technology. Also an electrical engineer from the University of Rochester, he has published numerous articles and two books with the University of Dundee in Scotland.
Daniel Johnston is an active international consultant and lecturer with more than 20 years’ experience in the petroleum industry. He is founder of Daniel Johnston & Co., Inc. and teaches worldwide on the subject of economics and risk analysis, petroleum fiscal systems, and financial analysis for the petroleum industry. Mr. Johnston is also the best-selling author of these titles from PennWell: International Oil Company Financial Management in Nontechnical Language (1998), Oil Company Financial Analysis in Nontechnical Language (1992), International Petroleum Fiscal Systems and Production Sharing Contracts (1994), International Exploration Economics, Risks, and Contracts Analysis (2003), and Government Take for Petroleum Exploration & Development Contracts Wall Chart (2001).
Details
Type: Hardcover
Size: 6x9
Pages: 447
Published: 2005
ISBN: 9781593700447
