Abstract

ABSTRACT Most oil and gas companies use some form of discounted cashflow analysis (DCF) as a primary measure for investment decision. Internal Rate of Return (IRR) and Net Present Value (NPV) are the two most commonly used investment analysis methods in the industry. Selecting the appropriate discount rate to use with these investment analysis methods is important if stockholder wealth is to be increased. All opinions expressed herein are the authors' own and do not necessarily reflect those of Morgan Guaranty Trust Company.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.