We take a critical look at Ultra Petroleum [UPL], a US-based oil & gas company in the exploration & production (E&P) sector, in this recommendation. It is not a huge company – at the time of the pitch, it had around 3.1 Tcfe of Proved Reserves, 257 Bcfe of annual production, and $800 million in annual revenue. Oil and gas merger and acquisition activity has ground to a halt in recent months due to extreme volatility in commodity markets. But don’t expect that to continue, especially in the U.S More new oil and gas inventory coming from mergers, not exploration Increasingly more recoverable barrels of oil and gas around the world are coming from corporate mergers and acquisitions, and not Tutorials on oil & gas accounting, valuation, and financial modeling, with a special emphasis on the Net Asset Value (NAV) Model that is critical for evaluating upstream (exploration & production Oil & gas, mining, and other natural resource companies have a simple business model: find and extract valuable stuff from the ground, turn it into something useful, and then sell it to customers. But there’s a twist: market prices are generally outside the control of a single supplier, which introduces some interesting complexities. Industry-Specific Investment Banking Interviews: How to Prepare for Interviews with FIG, Oil, Gas, Mining, and Real Estate Groups. Mergers & Inquisitions 307,012+ Monthly Readers
More new oil and gas inventory coming from mergers, not exploration Increasingly more recoverable barrels of oil and gas around the world are coming from corporate mergers and acquisitions, and not Tutorials on oil & gas accounting, valuation, and financial modeling, with a special emphasis on the Net Asset Value (NAV) Model that is critical for evaluating upstream (exploration & production
Investigate valuations and buyouts, different corporate valuation techniques, highly leveraged transactions and deal capacity. 23 Sep 2016 my models for an Oil & Gas company we are helping in a Buy-side acquisition. and push forward in order to piece together a Fortune 500 merger. much time is actually spent on pure valuation work (DCFs, multiples, etc.) 12 Jan 2014 corporate development mergers and acquisitions is playing catch-up on learning valuation techniques and nuance, but other than that does a pretty solid job. like Oil & Gas which have very specific valuation techniques. In this Mergers & Acquisitions (M&A) Valuation module, we will describe the background for M&A banking that most investment bankers will need to
Large mergers in the oil and gas sector have historically created value through cost reduction at the corporate, region or country, and basin levels. Acquirers captured synergies, such as overhead reductions, and optimized the combined portfolios to favor the most competitive and capital-efficient projects. Mergers, Acquisitions & Divestments (MA&D) in the Upstream Oil and Gas Industry vi. Debt Capacity & Cost of Capital Calculations vii. Taxation Issues viii. Risk Factors and Probabilistic Valuation b. Valuation Methods i. Valuation of stand-alone firms and assets ii. Differences between main valuation methods and when best to use iii.
Large mergers in the oil and gas sector have historically created value through cost reduction at the corporate, region or country, and basin levels. Acquirers captured synergies, such as overhead reductions, and optimized the combined portfolios to favor the most competitive and capital-efficient projects. Mergers, Acquisitions & Divestments (MA&D) in the Upstream Oil and Gas Industry vi. Debt Capacity & Cost of Capital Calculations vii. Taxation Issues viii. Risk Factors and Probabilistic Valuation b. Valuation Methods i. Valuation of stand-alone firms and assets ii. Differences between main valuation methods and when best to use iii. Energy industry T. Boone Pickens, oil tycoon turned raider, passes away at 91 Though he achieved much of his fame for takeover bids in the 1970s and 1980s, Pickens earned much of his wealth in the energy futures market after turning 75. Restructurings, Investment, Crude Oil, Acquisitions & Divestitures, Mergers Post-Meltdown: Expect Surge Of Shale Bankruptcies, Experts Say. A wounded oil and gas industry enjoys better numbers the day after prices plummeted, but steep debt will likely bring about a wave of M&A, bankruptcies and litigation. More new oil and gas inventory coming from mergers, not exploration Increasingly more recoverable barrels of oil and gas around the world are coming from corporate mergers and acquisitions, and not The most common and widely accepted method to value an oil and gas company is a Net Asset Value Analysis, and nearly every valuation estimate for oil and gas assets will include a NAV analysis. However, relying solely on the results of a NAV analysis leaves the estimate of value susceptible to some potential shortcomings of this method.