Financial and operating performance of the world's major public oil and gas corporations as an indicator of investment attractiveness of domestic vertically integrated oil and gas companies

Статья опубликована в журнале: Финансовая аналитика: проблемы и решения, 2022, Т. 15, № 2, С. 162 – 186

Автор(ы): Oleg V. SHIMKO

Рубрика: Экономико-статистические исследования

Аннотация

Предмет. This article considers the financial, stock market, and operational indicators, as well as the ratios of financial and economic analysis obtained on their basis of the twenty five leading listed oil and gas companies within 2006 through 2018.

Цели. The study aims to determine the current level of values of the financial, stock market, and operational indicators, as well as the ratios of financial and economic analysis of the leading publicly traded oil and gas companies, as well as identify the key trends in the changes within the studied period and factors that have caused these changes.

Методология. For the study, I used comparative, and financial and economic analyses, and generalization of materials of the companies' consolidated financial statements.

Результаты. The article shows certain changes in the balance sheet values of the companies' assets caused by the growth in the fixed assets value, and the changes in the market attractiveness of the oil and gas sector.

Выводы. The article concludes that a decrease in the profitability of the industry's stock market segment despite the growth in raw material production affects the market attractiveness of the oil and gas sector negatively.

Ключевые слова: profitability, turnover, financial stability, liquidity, market value