Derivatives and their use in acquisition financing

Conference · Sun Dec 31 00:00:00 EST 1995

OSTI ID:161823

Korte, K

Over the past decade, the energy {open_quotes}paper{close_quotes} market has grown into one of the largest traded markets in the world providing hedging instruments for the producer as well as the enduser of energy products. Because banks, stockholders, and other financial providers rely on a borrower`s ability to generate cash flow to repay their investment, borrowers are increasingly turning to the derivatives markets to provide security against one of the most volatile markets in he world. The existence of this market has enhanced the ability of financial institutions to lend with confidence and appropriate aggressiveness to the oil and gas industry.

• OSTI ID: 161823
• Report Number(s): CONF-950347-; TRN: 95:008409-0028
• Resource Relation: Conference: 37. hydrocarbon economics and evaluation symposium: progress or just survival, Dallas, TX (United States), 26-28 Mar 1995; Other Information: PBD: 1995; Related Information: Is Part Of Proceedings of the hydrocarbon economics & evaluation symposium; PB: 345 p.
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
PETROLEUM INDUSTRY
FINANCING
NATURAL GAS INDUSTRY
ECONOMICS
MARKET
PRICES