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Financial Analytics: Science and Experience
 

Analyzing the business and financial performance indicators of the world's leading public oil and gas corporations

Vol. 13, Iss. 4, DECEMBER 2020

Received: 10 September 2020

Received in revised form: 19 September 2020

Accepted: 30 September 2020

Available online: 13 November 2020

Subject Heading: ECONOMIC AND STATISTICAL RESEARCH

JEL Classification: G32, L25, L71, M41, O12

Pages: 448–479

https://doi.org/10.24891/fa.13.4.448

Shimko O.V. Institute of Economics of Russian Academy of Sciences (IE RAS), Moscow, Russian Federation
shima_ne@mail.ru

https://orcid.org/0000-0002-0779-7097

Subject. This article explores the financial, stock-exchange and operating performance, as well as the financial and economic analysis ratios of the twenty five leading public oil and gas companies between 2006 and 2018.
Objectives. The article aims to identify key trends in the changes in financial, stock-exchange and operating performance, as well as the analysis ratios of the largest public oil and gas companies, and identify the factors that have caused these changes.
Methods. For the study, I used comparative, and financial and economic analyses, and generalization.
Results. Based on a comprehensive analysis of the twenty five oil and gas companies' annual reports, the article identifies trends in the changes in financial, stock-exchange and operating performance in the industry's public sector, and establishes the main factors that affected these changes.
Conclusions. Despite the growth of raw materials production, the stock segment of the oil and gas industry shows a decrease in profitability. This has a negative impact on the market attractiveness of the oil and gas sector.

Keywords: profitability, turnover, financial stability, liquidity, market value

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