Evaluating Financial Model Performance: An Empirical Analysis of Some North Sea Investments

Details Evaluating Financial Model Performance: An Empirical Analysis of Some North Sea Investments Evaluating Financial Model Performance: An Empirical Analysis of Some North Sea Investments

2010-08-22

arxiv.org/abs/1008.3725v1

Proc. European Spreadsheet Risks Int. Grp. (EuSpRIG) 2010 87-98 ISBN 978-1-905404-50-6

Computer Science

Computers and Society

11 Pages, 1 Table, 5 Figures

Scientific paper

Fifty North Sea oil & gas investment transactions were analysed using traditional spreadsheet based financial modelling methods. The purpose of the analysis was to determine if there was a statistically significant relationship between the price paid for an oil & gas asset and the actual or expected financial return over the asset's economically useful life. Several interesting and statistically significant relationships were found which reveal useful information about financial modelling performance, the premia paid to acquire North Sea assets, the contribution oil and gas price uncertainty has on estimates of future financial returns and the median financial return of these North Sea Investments.

Affiliated with

Also associated with

No associations

Rating

Evaluating Financial Model Performance: An Empirical Analysis of Some North Sea Investments does not yet have a rating. At this time, there are no reviews or comments for this scientific paper.

If you have personal experience with Evaluating Financial Model Performance: An Empirical Analysis of Some North Sea Investments, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Evaluating Financial Model Performance: An Empirical Analysis of Some North Sea Investments will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFWR-SCP-O-465315