Building Better Energy Companies Through Enhancing the Finance Function With a Probabilistic Approach Course
As the global energy industry continues to feel pressure to meet the increasing demand for a low-cost, reliable energy supply, and for meeting the increasingly legislated net-zero requirements, it is critical that all corporate functions evolve to meet this new reality. Our operational colleagues, engineers and geoscientists, have been fundamental to advancing the ability of the industry to achieve these increasingly difficult requirements for the last 30 years. However, the finance function has significantly lagged, relying on a 30-year-old technology (Excel) to undertake their role in the risk analysis and value creation process. How does the finance function now evolve to enhance their role in meeting the increasing demands on the industry – through using a probabilistic approach in its financial models, risk analysis and transaction execution tools.Read more...
Course contents
Chapter 1 - Introduction To Enhanced Financial Modeling
1.00 - Introduction
1.01 - Setting The Scene
1.05 - Course Roadmap
Chapter 2 – Finance Function & Modeling Approach Used
2.01 - Finance function overview
2.02 - Finance function models and roles
2.04 - Financial model outputs
2.07 - Building better financial models
Chapter 3 – Probabilistic Approach To Financial Modeling
3.01 - Benefits of a probabilistic approach
3.03 - Using @RISK from Lumivero
3.04 - Probabilistic model inputs
Chapter 4 - Building Probabilistic Financial Models
4.01 - Introduction to E&P models
4.05 - Discount rates
4.08 - Industry probabilistic inputs
Chapter 5 – Probabilistic Financial Model Outputs & Insights
5.01 - Introduction to transaction outputs
5.03 - M&A/A&D analysis
Chapter 6 - Benefits of Upgrading the Finance Function
6.01 - Finance function overview
