This addition to Johnston’s bestselling petroleum financial books addresses the decision-making element of petroleum company management. It is a practical guide to all facets of modern financial management and strategic planning specific to today’s oil and gas companies. The authors guide readers through the maze of financial management in a concise, practical, and organized fashion, delivering the basic principles that are critical for all elements of corporate leadership.
Dedication
Figures
Illustrations
Tables
Acknowledgment
Introduction
Chapter 1 : Financial Management for the Petroleum Industry
Chapter 2 : Oil And Gas Financial and Accounting Systems
Chapter 3 : Integrated Management Systems
Chapter 4 : Competitive Comparison
Chapter 5 : Cost Management in the Oil and Gas Industry
Chapter 6 : Capital Budgeting and Investment Theory
Chapter 7 : Petroleum Fiscal Systems
Chapter 8 : Working Capital Management
Chapter 9 : Capital Structure and Cost of Capital
Chapter 10 : Financial Reporting And Investor/Stockholder Relations
Chapter 11 : Econometrics
Appendices
Appendix 1 : Abbreviations and Acronyms
Appendix 2 : Petroleum Industry Vital Statistics
Appendix 3 : Demand/Real Price Trends from 1950
Appendix 4 : Average Wellhead Oil and Gas Prices - Total U.S.
Appendix 5 : Conversion Factors
Appendix 6 : Present Value of One-Time Payment
Appendix 7 : Present Value of an Annuity
Appendix 8 : Definitions and Formulas
Appendix 9 : Natural Gas Products
Appendix 10 : Drilling Economics Algorithm
Glossary
References
Index
