Oil and Gas Financial Modeling Training Course

Why select this training course? 

To succeed in a financial job, particularly in the oil and gas sector, you’ll need the knowledge and skills to design and build financial models for businesses and the ability to assess and analyze those models.

What does financial modeling mean?

Financial modeling is the numerical presentation of the income and expenditure of a company used to determine the effect of the company’s decision on its financial future. Financial modeling is the process of summarising the revenue and expenses of a company to aid in calculating future events and decisions it will have on the company. Financial models are usually done using spreadsheets, which are essential in a company’s decision-making process, especially regarding the company’s finance.

What are the benefits of the financial modeling course?

It is no sugar-coating that financial modeling is crucial to your career if you intend to operate at the top level in the financial world. This Rcademy training course on Oil and Gas Financial Modelling will educate you on the latest financial modeling techniques; gives you the proper skill set to make meaningful contributions to the management decisions of your company; brings you to par with top officials who are knowledgeable in financial modeling; enables you to understand how to measure performance; helps you to utilize statistical analysis to set achievable targets, and helps you know how to make use of Excel to make financial models.

Financial modeling is a highly coveted skill sought by many employers. The Oil and Gas Financial Modelling Training Course by Rcademy will help you know the most current financial modeling techniques. By taking this course, you become the first choice of employers, and if you are currently employed, this course will help you solidify your position in the company.

Who Should Attend?

A spectrum of professionals can take The Oil and Gas Financial Modelling Training Course by Rcademy. However, it is most beneficial to:

• Financial analysts who carry out predictive modeling based on financial records and data available
• Accountants who manage the treasury of the firm and other financial assets
• Budgeting specialists who create budgets for different projects in the company
• Specialists in Financial Modelling who can produce financial projections through various analysis
• Members of the board of directors of oil and gas companies who set objectives for the company
• Specialists in performance monitoring to ensure that projects and operations are going according to plan
• Financial directors of oil and gas companies who are responsible for administrative oversights of the company
• Data analysts that produce results and various models for the company based on existing data
• Is any other professional willing to learn about financial modeling

What are the course objectives?

The Oil and Gas Financial Modelling Training Course by Rcademy seeks to help participants to meet the following objectives:

• Have an understanding of the techniques of model investment appraisal
• Apply financial models to the finance of their oil and gas companies
• Enable participants to distinguish between financial modeling and forecasting
• Help participants to be better in numerical and visual data presentation
• Understand the use of statistical analysis to measure operation and performance in the oil and gas industry
• Be knowledgeable about the analysis of financial statements
• Improve participants’ quantitative and financial analysis
• Set achievable financial goals for their company through thorough analysis

How will this course be presented?

This Rcademy course on Oil and Gas financial modeling will be taught most practically. We understand that the course is technical, but our expert tutors will simplify it so that you will quickly understand. The training course will be taught using handouts, class materials, templates, case studies, and tutorial guides. The participants will also engage in class discussions, presentations, assignments, and seminars to better understand financial modeling and fully grasp how to develop financial models in the oil and gas industry.

What are the topics covered in this course?

Module 1: An Overview of the Oil and Gas Industry

• Historical Background of the Oil and Gas Industry
• The key regulations of the Oil and Gas Industry
• The Value of the Global Oil and Gas Industry
• The upstream, midstream, and downstream sector
• Professionals and specialization in the Oil and Gas Industry

Module 2: Rudiments of Finance and Modeling

• Financial Accounting
• Principles of Accounting
• Pivotal tables
• Development of budgets
• OPEX and CAPEX
• Development of financial statements
  – Cashflow statement
  – Income statement
  – Balance sheet

Module 3: Understanding Financial Analysis

• Definition of financial analysis
• Types of data sets
• Types of financial analysis
  – Horizontal
  – Vertical
  – Leverage
  – Liquidity
  – Profitability
  – Cashflow
• Variance analysis
• Analysis of scenario
• Analysis of sensitivity
• Best practices in financial analysis

Module 4: Introduction to Microsoft Excel

• Functions of Excel
• Graphical presentation of data
• The usage of formulas in Excel
• Normal distribution and its application
• Usage of Excel to analyze trends
• Analysis of time series

Module 5: Introduction to Financial Modeling Using Excel

• Overview of financial modeling
• Uses and importance of financial modeling
• Types of financial models
  – Discounted cash flow (DCF) model
  – Comparable company analysis (CCA) model
  – Leveraged buyout (LBO) model
  – Mergers and acquisition models
• Steps to build financial models
• Supporting financial models with charts and graphs
• Best practices in financial modeling

Module 6: Financial Modeling in the Oil and Gas Industry

• Method of Building an Oil and Gas financial model from the scratch
• Price forecasting of natural gas and crude oil
• The Role of Prices in financial modeling
• Troubleshooting of financial models
  – Iteration
  – Fixing the problems of circularity
• The Role of volume hedges in Oil and gas financial modeling
• Presentation of sensitivities to financial metrics projection

Module 7: Financial Modeling for Calculating Cost of Equity Financing

• Examination of cost equity of oil and gas companies
• Calculation of cost equity
  – Capital Asset Pricing Model (CAPM)
  – Dividend Capitalisation Model

Module 8: Oil & Gas Projects’ Financial Performance Modeling

• Analysis and management of variance
• Critical Path Analysis
• The Implication of Finance and Manpower on Critical Path Analysis
• Application of Gannt Chart
• Analysis of Earned Value
• Simulation of changes

Module 9: Application of Excel for Statistical Analysis in the Oil and Gas Industry

• Statistical analysis using Excel Functions
• Descriptive Statistics
  – Standard deviation
  – Mean
  – Median
  – Kurtosis
  – Skewness
• Usage of the Histogram Distribution
• Usage of Scatter Diagrams and Frequency
• Calculation of the Cost of Equity Financing
• Analytical Breakdown of Equity Returns of Oil and Gas Companies

Module 10: Appraisal of Oil and Gas Investment Using Excel  

• Techniques for appraisal of investment using Excel in the Oil and Gas Industry
  – Net Present Value (NPV)
  – Internal Rate of Return (IRR)
  – Payback
• Modified Internal Rate of Return (MIRR)
• Usage of Scenario Analysis
• Usage of Stress Testing
• Prediction of Financial Distress