THE ANALYSIS OF FINANCIAL RATIO - CONTROL'S EFFICIENCY LEVER OF ACTIVITY OF THE OIL AND GAS COMPANIES
( Pp. 45-50)
More about authors
Kukharenko Olesya G.
Cand. Sci (Econ), Associate Professor, Dean of the Faculty of Economics
Synergy University
Moscow, Russian Federation
Synergy University
Moscow, Russian Federation
Abstract:
The oil and gas complex of our country plays an important role, both in national economy, and in the world energy market. Despite the low price of oil, Russia on results of 2015 has increased its oil production by 1.4% (534.081 million tons). [1] In connection with the release of Russia on the world stage there is a need for information on the financial condition of Russian and foreign companies, and, accordingly, requires the development of modern methods of comparative analysis of these organizations. The article presents the results of the correlation analysis based on the data analysis of the key financial indicators of major Russian and U.S. oil companies, such as PAO "LUKOIL", OJSC "NK" Rosneft ", PJSC" Gazprom oil "and ExxonMobil, Chevron, ConocoPhillips for 2009-2013 gg.
How to Cite:
Kukharenko O.G., (2016), THE ANALYSIS OF FINANCIAL RATIO - CONTROL'S EFFICIENCY LEVER OF ACTIVITY OF THE OIL AND GAS COMPANIES. Business in Law, 4 => 45-50.
Reference list:
http://www.cdu.ru/ URL: http://www.cdu.ru/news/detail.php ID 333240 sphrase id 6067 (data obrashcheniya: 09.06.16);
Robinson Th., Henry E., Pirie W., Broihahn M., Cope A. (2012) - International Financial Statement Analysis, 2nd Edition;
Tracy A. (2012). Ratio Analysis Fundamentals: How 17 Financial Ratios Can Allow You to Analyse Any Business on the Planet, Kindle Edition
Analytical Bulletin (2013). Oil and gas extraction and refining industries: Trends and Forecasts, № 13, Results 2013.
Viktorov E.D., (2013), Analiz osnovnykh podkhodov k diagnostike finansovoy nesostoyatel nosti i bankrotstva rossiyskikh strakhovykh kompaniy. Biznes v zakone. Ekonomiko-yuridicheskiy zhurnal, 1: 185-188.
KHmyrov V.V., (2013), Upravlenie kreditnymi riskami i riskami likvidnosti v deyatel nosti negosudarstvennykh pensionnykh fondov. Biznes v zakone. Ekonomiko-yuridicheskiy zhurnal, 3: 151-157.
CHechetkin S.A., (2016), Analiz i otsenka finansovykh riskov na predpriyatii OAO BABUSHKINA KRYNKA . Biznes v zakone. Ekonomiko-yuridicheskiy zhurnal, 2: 101-104.
Robinson Th., Henry E., Pirie W., Broihahn M., Cope A. (2012) - International Financial Statement Analysis, 2nd Edition;
Tracy A. (2012). Ratio Analysis Fundamentals: How 17 Financial Ratios Can Allow You to Analyse Any Business on the Planet, Kindle Edition
Analytical Bulletin (2013). Oil and gas extraction and refining industries: Trends and Forecasts, № 13, Results 2013.
Viktorov E.D., (2013), Analiz osnovnykh podkhodov k diagnostike finansovoy nesostoyatel nosti i bankrotstva rossiyskikh strakhovykh kompaniy. Biznes v zakone. Ekonomiko-yuridicheskiy zhurnal, 1: 185-188.
KHmyrov V.V., (2013), Upravlenie kreditnymi riskami i riskami likvidnosti v deyatel nosti negosudarstvennykh pensionnykh fondov. Biznes v zakone. Ekonomiko-yuridicheskiy zhurnal, 3: 151-157.
CHechetkin S.A., (2016), Analiz i otsenka finansovykh riskov na predpriyatii OAO BABUSHKINA KRYNKA . Biznes v zakone. Ekonomiko-yuridicheskiy zhurnal, 2: 101-104.
Keywords:
evaluation of the financial condition, analysis of financial ratios, the oil and gas industry, correlation matrix.
Related Articles
12. Forensics; Forensic expertise; Operational and search activities; Criminal procedure Pages: 132-135 Issue №7806
ABOUT LEGAL REGULATION OF ENSURING THE ECONOMIC SECURITY OF THE OIL AND GAS INDUSTRY
the oil and gas industry
economic security
warning criminal threats
economic crime
local normative legal acts
Show more
5. Criminal; Criminal enforcement law Pages: 150-154 Issue №3132
Environmental violations in the oil and gas industry: current problems of detecting and preventing
the oil and gas industry
environmental safety
the latency of environmental crimes
liability of legal persons
Show more
13. Corporate law; Energy law Pages: 214-216 Issue №12273
ABOUT THE CASUAL COMPLEX OF ECONOMIC CRIMES IN THE OIL AND GAS INDUSTRY
the oil and gas industry
economic security
increased victimization of the oil and gas industry
warning criminal threats
economic crime
Show more
13. Criminal law and criminology; Criminal enforcement law Pages: 347-350 Issue №8496
ABOUT THE SYSTEM OF ECONOMIC SECURITY OF THE OIL AND GAS INDUSTRY
the oil and gas industry
system of economic security
the mechanism of economic security
criteria for assessing the status of security enterprises
the security authorities
Show more
13. Criminal law and criminology; Criminal enforcement law Pages: 351-353 Issue №8496
LOCAL NORMATIVE LEGAL ACTS AS AN IMPORTANT MEANS OF ENSURING THE ECONOMIC SECURITY OF THE OIL AND GAS INDUSTRY
the oil and gas industry
economic security
local normative legal acts
warning criminal threats
economic crime
Show more