Diversification of Portfolio of International Oil and Gas Assets using Cluster Analysis
Publish Year: 1402
نوع سند: مقاله ژورنالی
زبان: English
View: 81
This Paper With 10 Page And PDF Format Ready To Download
- Certificate
- من نویسنده این مقاله هستم
استخراج به نرم افزارهای پژوهشی:
شناسه ملی سند علمی:
JR_IJE-36-10_006
تاریخ نمایه سازی: 22 مهر 1402
Abstract:
Improving the tools and mathematical methods to diversify the portfolio of oil and gas assets in the face of limited investment, high market volatility, increasing risks and uncertainties at the current level of technology development is a very urgent task. In order to form an effective investment portfolio, the authors proposed asset diversification using cluster analysis, which implies grouping sample objects according to a set of specific features. The method under consideration involves five stages of asset valuation in order to consider those assets in a three-dimensional space, taking into account the specifics of the oil and gas business, including determination of individual asset trajectory, performing spatial approximation, calculating the clustering coefficient, ranking the resulting pairs, and directly solving the portfolio formation optimization problem. This paper provides a reasonable set of metrics for diversification of the investment portfolio based on cluster analysis: main criterion - ∆PV, additional criteria - ∆Production, ∆OPEX/toe, ∆CAPEX/toe, characterized geological, environmental, social and economic aspects. Thus, the proposed methodology provides an opportunity to identify the most attractive investment projects, thereby allowing large oil and gas companies to diversify their business with minimal risk and maximum return on invested capital.
Keywords:
Oil and Gas Business , Management Decisions , Multicriteria Analysis , risk reduction , Investment Projects’ Valid Metrics
Authors
L. Nikolaichuk
Educational Research Center for Digital Technologies, Saint-Petersburg Mining University, Saint-Petersburg, Russia
K. Ignatiev
Investment Efficiency Department, Gazpromneft STC, Saint-Petersburg, Russia
I. Filatova
Department of Economics, Organization and Management, Saint-Petersburg Mining University, Saint-Petersburg, Russia
A. Shabalova
Department of Economics, Organization and Management, Saint-Petersburg Mining University, Saint-Petersburg, Russia
مراجع و منابع این Paper:
لیست زیر مراجع و منابع استفاده شده در این Paper را نمایش می دهد. این مراجع به صورت کاملا ماشینی و بر اساس هوش مصنوعی استخراج شده اند و لذا ممکن است دارای اشکالاتی باشند که به مرور زمان دقت استخراج این محتوا افزایش می یابد. مراجعی که مقالات مربوط به آنها در سیویلیکا نمایه شده و پیدا شده اند، به خود Paper لینک شده اند :