Journal of Siberian Federal University. Humanities & Social Sciences / Model for Assessing the Financial Position of Oil and Gas Companies

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Issue
Journal of Siberian Federal University. Humanities & Social Sciences. 2023 16 (3)
Authors
Patlasov, Oleg Yu.; Konyukova, O. G.
Contact information
Patlasov, Oleg Yu.: Pushchino State Institute of Natural Science Pushchino, Russian Federation; Omsk Humanitarian Academy Omsk, Russian Federation; ORCID: 0000-0003-2015-1474; Konyukova, O. G.: Financial University under the Government of the Russian Federation Omsk, Russian Federation;
Keywords
oil and gas industry; financial condition; added value; financial stability; liquidity; solvency; energy resources; sanctions; green economy; digital economy
Abstract

The problems of transformation of pricing and the formation of the value chain of oil and gas industry (exploration and development, production and sale of products) have acquired particular importance in the context of misalignment of interests and centrifugal sanctions measures. The relevance of the topic of rationing financial indicators in the methods of analysis of financial and economic activity is of particular importance in regulated financial analysis. The object of the study was the companies of oil and gas industry, the subject of the study: the standards of financial indicators. The expediency of establishing recommended values of normalized indicators in the industry context, the scale of business, the stage of the life cycle of companies, territorial location, the degree of monopoly position in the market is proved. New economic view of the indicator of financial results is presented with a shift in focus from profit (profitability) to the dynamics of the value of net assets (equity capital gains). The assessment of market value of a company is an important aspect in the situation of imposed sanctions and therefore the study of factors that allow to reduce it becomes an urgent topic for study. In the post-pandemic period of recovery, economic and political confrontation between new centers of power, a significant number of large, medium and small companies is experiencing financial difficulties due to violations of the existing logistics supplies. The analysis of the dynamics of financial indicators of enterprises in the industry for the period under study made it possible to obtain the boundaries (standards) for oil and gas enterprises according to all-Russian indicators in the context of oil production, natural gas and coke production, petroleum products. Diagrams allow you to evaluate the areas of acceptable values of financial indicators

Pages
391–404
EDN
HHNXWS
Paper at repository of SibFU
https://elib.sfu-kras.ru/handle/2311/149949

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