Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Private capital holds the key to the oil and gas kingdom
Equity investors may remain cautious, while funds are evolving in response to a changing market landscape
Trade sale exit for Siccar Point private equity backers
Israeli-owned UK independent Ithaca swoops for UKCS peer
Var looks at IPO
The Norway-focused IOC/private equity company is mulling a flotation
Private equity ready to play M&A role
The capital is there, but the amount and cost of funding may be less favourable than it has been in the past.
Share price falls pressure asset valuations
The underperformance of oil and gas stocks will lead auditors to closely examine goodwill and impairment testing calculations
Kerogen talks up dividend distributions
Private equity firm says ongoing return of capital to investors could avert a potential North Sea exit crunch
Norway's longer shelf life lures PE players
The private equity model targets the potential remaining in Norwegian waters
Kerogen investments go full-cycle
Kerogen's vehicles grow from their appraisal and development core focus
Zennor gets turbo-charged
Private equity has boosted the 12-year-old company’s firepower
Blackstone likes Siccar Point story
The global giant came to London almost five years ago and is enjoying the journey so far
Private equity
Alastair O’Dell
Senior Editor
17 January 2020
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Share price falls pressure asset valuations

The underperformance of oil and gas stocks will lead auditors to closely examine goodwill and impairment testing calculations

Sustained drops in oil and gas companies’ share prices during 2019 and beyond means that the valuation of assets on firms’ balance sheets could be more closely scrutinised by auditors and regulators, warns advisory firm Opportune. In the final three quarters of 2019, the S&P oil & gas equipment & services select industry index decreased by c.27pc and the S&P oil & gas exploration & production select industry index fell by c.23pc, although both experienced a partial rebound towards the end of the year. Private oil and gas firms are also impacted by these reductions, as the value placed by the market on similar assets owned by their listed peers are used as a guide for

Also in this section
EIA again cuts US gas price forecasts, but market still to tighten
21 August 2025
The administration has once more reduced its short-term gas price forecasts, but the expectation remains the market will tighten over the coming year, on the back of
Letter from Azerbaijan: Net-zero strategy to reshape South Caucasus
Opinion
19 August 2025
ExxonMobil’s MOU with SOCAR, unveiled in Washington alongside the peace agreement with Armenia, highlights how the Karabakh net-zero zone is part of a wider strategic realignment
Oil outlook: Who and what to believe?
19 August 2025
OPEC and the IEA have very different views on where the oil market is headed, leaving analysts wondering which way to jump
India’s retreat from Russian oil could cause global trade flow shockwaves
15 August 2025
US secondary sanctions are forcing a rapid reassessment of crude buying patterns in Asia, and the implications could reshape pricing, freight and supply balances worldwide. With India holding the key to two-thirds of Russian seaborne exports, the stakes could not be higher

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search