Oil & Gas Company Analysis ― Upstream, Midstream and Downstream

This book sets out to evaluate companies through upstream, midstream and downstream financial and operational metrics (covered in the first 4 chapters of the book), and to provide an overview of more than 30 companies in different categories, such as National Oil Companies, International Oil Companies, Independent E&P, Pure Play Refining Companies, Service Companies and Royalty Trusts.

Key benefits from reading this book:
‧ Understand the different sectors in the oil & gas industry, their business cycles, unique opportunities and challenges.
‧ Understand how financial and operational metrics for companies inside and outside the oil & gas industry are calculated and understand their importance.
‧ Get to know different oil & gas companies in the industry, from both an international and U.S. perspective.
‧ Gain awareness of what different businesses oil & gas companies are involved in and where they operate.
The book is organized into 12 chapters:
‧ Chapter 1 provides an overview of oil & gas as commodities as well as the industry, current supply and demand of energy scenarios and provides a detailed explanation of several financial metrics.
‧ Chapters 2, 3 & 4 introduce the Upstream, Midstream & Downstream sectors of the industry and explain relevant sector metrics.
‧ Chapters 5 & 6 discuss 12 National Oil Companies or NOC’s, their current operations and applicable metrics.
‧ Chapter 7 reviews 4 integrated oil & gas companies, their areas of operations and provides an analysis of current financial and operating results using the metrics introduced in this book.
‧ Chapter 8 reviews 6 independent exploration & production companies, their areas of operations and provides an analysis of current financial and operating results using the metrics introduced in this book.
‧ Chapter 9 reviews 3 independent downstream companies, their areas of operations and provides an analysis of current financial and operating results using the metrics introduced in this book.
‧ Chapter 10 reviews 4 midstream companies, their areas of operations and provides an analysis of current financial and operating results using the metrics introduced in this book.
‧ Chapter 11 discusses 5 oil & gas service companies and their areas of operation.
‧ Chapter 12 introduces the concept of royalty trusts and reviews 3 royalty trusts.