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Is oil supply choked by financial market pressures?

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  • Osmundsen, Petter
  • Mohn, Klaus
  • Misund, Bard
  • Asche, Frank

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  • Osmundsen, Petter & Mohn, Klaus & Misund, Bard & Asche, Frank, 2007. "Is oil supply choked by financial market pressures?," Energy Policy, Elsevier, vol. 35(1), pages 467-474, January.
    • Handle: RePEc:eee:enepol:v:35:y:2007:i:1:p:467-474
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    4. Jeffrey J. Quirin & Kevin T. Berry & David O'Brien, 2000. "A Fundamental Analysis Approach to Oil and Gas Firm Valuation," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 27(7&8), pages 785-820.
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    6. Petter Osmundsen & Frank Asche & Bård Misund & Klaus Mohn, 2005. "Valuation of International Oil Companies –The RoACE Era," CESifo Working Paper Series 1412, CESifo.
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    8. Krugman, Paul, 1980. "Scale Economies, Product Differentiation, and the Pattern of Trade," American Economic Review, American Economic Association, vol. 70(5), pages 950-959, December.
    9. Farzin, Y. H., 2001. "The impact of oil price on additions to US proven reserves," Resource and Energy Economics, Elsevier, vol. 23(3), pages 271-292, July.
    10. Golub, Stephen S, 1983. "Oil Prices and Exchange Rates," Economic Journal, Royal Economic Society, vol. 93(371), pages 576-593, September.
    11. Marianne Bertrand & Sendhil Mullainathan, 2005. "Profitable Investments or Dissipated Cash?: Evidence on the Investment-Cash Flow Relationship From Oil and Gas Lease Bidding," Harvard Institute of Economic Research Working Papers 2063, Harvard - Institute of Economic Research.
    12. Dermot Gately & Hiliard G. Huntington, 2002. "The Asymmetric Effects of Changes in Price and Income on Energy and Oil Demand," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 19-55.
    13. Stein, Jeremy C., 2003. "Agency, information and corporate investment," Handbook of the Economics of Finance, in: G.M. Constantinides & M. Harris & R. M. Stulz (ed.), Handbook of the Economics of Finance, edition 1, volume 1, chapter 2, pages 111-165, Elsevier.
    14. John L. McCormack & Jawanth Vytheeswaran, 1998. "How To Use Eva In The Oil And Gas Industry," Journal of Applied Corporate Finance, Morgan Stanley, vol. 11(3), pages 109-131, September.
    15. Dahl, Carol & Duggan, Thomas E., 1998. "Survey of price elasticities from economic exploration models of US oil and gas supply," Journal of Energy Finance & Development, Elsevier, vol. 3(2), pages 129-169.
    16. Jeffrey J. Quirin & Kevin T. Berry & David O’Brien, 2000. "A Fundamental Analysis Approach to Oil and Gas Firm Valuation," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 27(7‐8), pages 785-820, September.
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    Cited by:

    1. Bård Misund & Petter Osmundsen, 2015. "Probable Oil and Gas Reserves and Shareholder Returns: The Impact of Shale Gas," CESifo Working Paper Series 5687, CESifo.
    2. Osmundsen, Petter, 2014. "Innovation in the supply and procurement of rig services," UiS Working Papers in Economics and Finance 2014/9, University of Stavanger.
    3. Szklo, Alexandre Salem & Carneiro, Jason Thomas Guerreiro & Machado, Giovani, 2008. "Break-even price for upstream activities in Brazil: Evaluation of the opportunity cost of oil production delay in a non-mature sedimentary production region," Energy, Elsevier, vol. 33(4), pages 589-600.
    4. Mohn, Klaus & Misund, Bård, 2008. "Shifting sentiments in Firm Investment: An Application to the Oil Industry," UiS Working Papers in Economics and Finance 2009/12, University of Stavanger.
    5. Mohn, Klaus & Osmundsen, Petter, 2008. "Exploration economics in a regulated petroleum province: The case of the Norwegian Continental Shelf," Energy Economics, Elsevier, vol. 30(2), pages 303-320, March.
    6. Osmundsen, Petter & Teigen, Kjartan H, 2010. "Improved recovery from existing fields. A survey of decision criteria," UiS Working Papers in Economics and Finance 2010/8, University of Stavanger.
    7. Bård Misund, 2016. "Vertical integration and value-relevance: Empirical evidence from oil and gas producers," Cogent Economics & Finance, Taylor & Francis Journals, vol. 4(1), pages 1264107-126, December.
    8. Khalil Jebran & Shihua Chen & Gohar Saeed & Alam Zeb, 2017. "Dynamics of oil price shocks and stock market behavior in Pakistan: evidence from the 2007 financial crisis period," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 3(1), pages 1-12, December.
    9. Klaus Mohn & Petter Osmundsen, 2011. "Asymmetry and uncertainty in capital formation: an application to oil investment," Applied Economics, Taylor & Francis Journals, vol. 43(28), pages 4387-4401.
    10. Bård Misund & Petter Osmundsen & Marius Sikveland, 2014. "Vertical Integration and Valuation of International Oil Companies," CESifo Working Paper Series 5061, CESifo.
    11. Emhjellen, Magne & Løvås, Kjell & Osmundsen, Petter, 2009. "LNG Project Valuation with Financial Leasing Contracts," UiS Working Papers in Economics and Finance 2009/15, University of Stavanger.
    12. Frank Asche & Bård Misund, 2016. "Who’s a major? A novel approach to peer group selection: Empirical evidence from oil and gas companies," Cogent Economics & Finance, Taylor & Francis Journals, vol. 4(1), pages 1264538-126, December.
    13. Misund, Bård & Asche, Frank & Osmundsen, Petter, 2008. "Industry upheaval and valuation: Empirical evidence from the international oil and gas industry," The International Journal of Accounting, Elsevier, vol. 43(4), pages 398-424, December.
    14. repec:bla:opecrv:v:34:y:2010:i:2:p:73-81 is not listed on IDEAS
    15. Misund, Bård & Osmundsen, Petter, 2015. "The Value Relevance of Accounting Figures in the Oil & Gas Industry: Cash Flow or Accruals?," UiS Working Papers in Economics and Finance 2015/19, University of Stavanger.
    16. Saud Althaqeb, 2017. "Survey of Energy Finance on the Corporate World," International Journal of Energy Economics and Policy, Econjournals, vol. 7(6), pages 153-158.
    17. Bård Misund, 2017. "Accounting method choice and market valuation in the extractive industries," Cogent Economics & Finance, Taylor & Francis Journals, vol. 5(1), pages 1408944-140, January.
    18. Aune, Finn Roar & Mohn, Klaus & Osmundsen, Petter & Rosendahl, Knut Einar, 2010. "Financial market pressure, tacit collusion and oil price formation," Energy Economics, Elsevier, vol. 32(2), pages 389-398, March.
    19. Osmundsen, Petter & Aven, Terje & Tomasgard, Asgeir, 2010. "On incentives for assurance of petroleum supply," Reliability Engineering and System Safety, Elsevier, vol. 95(2), pages 143-148.
    20. Finn Roar Aune & Klaus Mohn & Petter Osmundsen & Knut Einar Rosendahl, 2007. "Industry restructuring, OPEC response - and oil price formation," Discussion Papers 511, Statistics Norway, Research Department.
    21. Bård Misund & Petter Osmundsen, 2017. "Valuation of proved vs. probable oil and gas reserves," Cogent Economics & Finance, Taylor & Francis Journals, vol. 5(1), pages 1385443-138, January.
    22. Castelo Branco, David A. & Szklo, Alexandre & Gomes, Gabriel & Borba, Bruno S.M.C. & Schaeffer, Roberto, 2011. "Abatement costs of CO2 emissions in the Brazilian oil refining sector," Applied Energy, Elsevier, vol. 88(11), pages 3782-3790.
    23. Misund, Bard & Mohn, Klaus, 2014. "Exploration Risk in Oil & Gas Shareholder Returns," UiS Working Papers in Economics and Finance 2014/4, University of Stavanger.
    24. Johannes Mauritzen, 2017. "The Effect of Oil Prices on Field Production: Evidence from the Norwegian Continental Shelf," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 79(1), pages 124-144, February.

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