ADVANCED ENERGY FINANCE ANALYTICS

Course Methodology

Instructor-led training that uses interactive learning methods, including class discussion, small group activities, and role-playing

Course Objectives

Use financial models to analyze and forecast energy prices; extrapolate forward prices beyond the liquidity tenor; Understand the risk of and return from futures and options contracts on energy commodities; Manage and optimize their corporations’ energy risk exposure; Estimate and calculate volatility in energy prices; Apply option valuation techniques to the energy markets; Understand and use derivative products to mitigate energy price risk; use structured products to enhance firm value; understand exotic structures unique to oil (e.g. average option) and gas and power (e.g. swing options, weather derivatives); Utilize real options theory to value energy assets; use information from futures/option prices to make optimal production decisions: Valuation of oil fields, pipelines, storage facilities and power plants; Apply Value-at-Risk to the energy industry

Target Audience

Financial analysts; Quantitative analysts or researchers; Energy traders dealing with commodities; Risk Managers dealing with commodities; Commercial and investment bankers dealing with commodities; Consultants in the commodity arena; Government and regulatory officials, esp. those with responsibilities for the energy sector

Target Competencies

n/a