Why Attend
This Financial Skills for the Energy Industry training course has been specifically designed to develop the finance skills of those working in the Energy Industry. The industry is capital intensive, with long lead times from exploration to revenue, and highly volatile in terms of energy prices and costs. As a result financial knowledge and skills are essential for all professionals working in the industry.
Instructor-led training that uses interactive learning methods, including class discussion, small group activities, and role-playing
Use Excel to aid analysis; Evaluate their organizational financial performance; Make sound investment decisions; Manage financial aspects of projects; Manage financial risk effectively
Day 1 Managers with financial responsibility; Professionals whose role involves economic or financial decisions; Professionals with an interest in finance; Line managers and supervisors with an interest in the financial performance of their organization; Professionals who aspire to become active decision-makers
n/a
Day 1
FINANCE SKILLS
What is Finance?
Financial Calculations relevant to the Energy Industry
Excel & Financial Data Analysis
Evaluating the Volatility of Energy Variables – Oil Price, Crack Spread, Interest Rates, Exchange Rates
Mean & Standard Deviation
Correlation
Day 2
FINANCE & ACCOUNTING
The Role of Financial Management
The Role of Finance in the Energy Industry
Methods of Raising Finance for Energy Projects
The Cost of Finance
Leverage/Gearing and the Optimal Capital Structure
Accounting in the Energy Industry
Day 3
EVALUATING THE FINANCIAL PERFORMANCE OF COMPANIES IN THE ENERGY INDUSTRY
Understanding Published Financial Statements
Liquidity, Profitability & Operational Performance
Energy Industry Performance Measures
Du-Pont Analysis
Stock Market Performance
Benchmarking the Energy Industry & The Market
Day 4
ENERGY PROJECT FINANCE
Major Energy Projects
Project Finance
Special Purpose Vehicles
Payback, NPV & IRR – Evaluating Energy Projects
Financial Risk Management
Calculating the Cost/Benefit of Hedging Financial Risk
Day 5
FINANCIAL MANAGEMENT OF ENERGY PROJECTS
Budgetary Management of ongoing Projects
Earned Value Analysis
Variance Analysis
Re-financing Decisions
Financial Evaluation of Project Performance
Financial v Social & Economic benefits