Psychology homework help. You are an investor who is considering investing in one of two oil companies, Company A and Company B. The following partial unaudited disclosures are taken from the companies’ 10-Ks.   Company A                 Company BProved Reserves (in MMBOE)Net proved reserves 1/1/20X1                                            2,615                         2,963Revisions of previous estimates                                             (30)                               6Purchases of reserves in place                                                 2                               1Extensions, discoveries, and other additions                           524                           261Sales of reserves in place                                                      (189)                           (15)Production                                                                            (244)                          (253)Net proved reserves, December 31, 20X1                           2,678                         2,963Results of Operations from oil and gas (in millions of dollars)Oil and gas sales                                                                  $ 7,052                       $ 8,522Production costs                                                                    (1,388)                       (3,020)Impairment                                                                                    0                        (1,953)DD&A                                                                                  (2,589)                       (2,465)Income (loss) before tax provision                                      $ 3,075                      $ 1,084Costs Incurred in Acquisition, Exploration, and Development (in millons of dollars)Acquisition of properties                                                     $1,019                        $    238          Exploratory costs                                                                     699                              595Development costs                                                                4,888                           5,089Costs incurred                                                                      $6,606                         $5,922Changes in Standardized Measure of Oil and Gas (in millions of dollars)Balance 1/1/X1                                                                   $14,666                      $13,221          Sales and transfers of oil and gas,  net of production cost                                                          (5,535)                        (5,613)      Net changes in price and production costs                             2,021                         3,018Extensions, discoveries, and other additions, net of related costs                                                                6,008                         4,047          Development costs incurred                                                   1,582                         1,986          Net change in future estimated development costs                 1,287                            399Revisions of previous quantity costs and development costs                                                                   (805)                      (1,040)Accretion of discount                                                             1,777                        1,940           Net changes in income taxes                                                 (1,180)                      (1,604)      Net change in purchases and sales of reserves  in place                                                                                (1,950)                         (30)Changes in timing and other                                                  (  481)                         (583)Balance 12/31/X1                                                               $17,390                    $15,741Compare the two companies using the above information and decide where you would invest. Formulas for the oil and gas ratios are provided below. (a)       (6 points) Compute the ratios for which you have data for the two companies.(b)       (8 points) What additional information would you need to compare the two companies before you decide in which company to invest your money? Discuss why you would need each additional item of information.(c)       Given the limited data you have, which company would you invest in and why.

Psychology homework help

Psychology homework help. You are an investor who is considering investing in one of two oil companies, Company A and Company B. The following partial unaudited disclosures are taken from the companies’ 10-Ks.   Company A                 Company BProved Reserves (in MMBOE)Net proved reserves 1/1/20X1                                            2,615                         2,963Revisions of previous estimates                                             (30)                               6Purchases of reserves in place                                                 2                               1Extensions, discoveries, and other additions                           524                           261Sales of reserves in place                                                      (189)                           (15)Production                                                                            (244)                          (253)Net proved reserves, December 31, 20X1                           2,678                         2,963Results of Operations from oil and gas (in millions of dollars)Oil and gas sales                                                                  $ 7,052                       $ 8,522Production costs                                                                    (1,388)                       (3,020)Impairment                                                                                    0                        (1,953)DD&A                                                                                  (2,589)                       (2,465)Income (loss) before tax provision                                      $ 3,075                      $ 1,084Costs Incurred in Acquisition, Exploration, and Development (in millons of dollars)Acquisition of properties                                                     $1,019                        $    238          Exploratory costs                                                                     699                              595Development costs                                                                4,888                           5,089Costs incurred                                                                      $6,606                         $5,922Changes in Standardized Measure of Oil and Gas (in millions of dollars)Balance 1/1/X1                                                                   $14,666                      $13,221          Sales and transfers of oil and gas,  net of production cost                                                          (5,535)                        (5,613)      Net changes in price and production costs                             2,021                         3,018Extensions, discoveries, and other additions, net of related costs                                                                6,008                         4,047          Development costs incurred                                                   1,582                         1,986          Net change in future estimated development costs                 1,287                            399Revisions of previous quantity costs and development costs                                                                   (805)                      (1,040)Accretion of discount                                                             1,777                        1,940           Net changes in income taxes                                                 (1,180)                      (1,604)      Net change in purchases and sales of reserves  in place                                                                                (1,950)                         (30)Changes in timing and other                                                  (  481)                         (583)Balance 12/31/X1                                                               $17,390                    $15,741Compare the two companies using the above information and decide where you would invest. Formulas for the oil and gas ratios are provided below. (a)       (6 points) Compute the ratios for which you have data for the two companies.(b)       (8 points) What additional information would you need to compare the two companies before you decide in which company to invest your money? Discuss why you would need each additional item of information.(c)       Given the limited data you have, which company would you invest in and why.

Psychology homework help

Psychology homework help. You are an investor who is considering investing in one of two oil companies, Company A and Company B. The following partial unaudited disclosures are taken from the companies’ 10-Ks.   Company A                 Company BProved Reserves (in MMBOE)Net proved reserves 1/1/20X1                                            2,615                         2,963Revisions of previous estimates                                             (30)                               6Purchases of reserves in place                                                 2                               1Extensions, discoveries, and other additions                           524                           261Sales of reserves in place                                                      (189)                           (15)Production                                                                            (244)                          (253)Net proved reserves, December 31, 20X1                           2,678                         2,963Results of Operations from oil and gas (in millions of dollars)Oil and gas sales                                                                  $ 7,052                       $ 8,522Production costs                                                                    (1,388)                       (3,020)Impairment                                                                                    0                        (1,953)DD&A                                                                                  (2,589)                       (2,465)Income (loss) before tax provision                                      $ 3,075                      $ 1,084Costs Incurred in Acquisition, Exploration, and Development (in millons of dollars)Acquisition of properties                                                     $1,019                        $    238          Exploratory costs                                                                     699                              595Development costs                                                                4,888                           5,089Costs incurred                                                                      $6,606                         $5,922Changes in Standardized Measure of Oil and Gas (in millions of dollars)Balance 1/1/X1                                                                   $14,666                      $13,221          Sales and transfers of oil and gas,  net of production cost                                                          (5,535)                        (5,613)      Net changes in price and production costs                             2,021                         3,018Extensions, discoveries, and other additions, net of related costs                                                                6,008                         4,047          Development costs incurred                                                   1,582                         1,986          Net change in future estimated development costs                 1,287                            399Revisions of previous quantity costs and development costs                                                                   (805)                      (1,040)Accretion of discount                                                             1,777                        1,940           Net changes in income taxes                                                 (1,180)                      (1,604)      Net change in purchases and sales of reserves  in place                                                                                (1,950)                         (30)Changes in timing and other                                                  (  481)                         (583)Balance 12/31/X1                                                               $17,390                    $15,741Compare the two companies using the above information and decide where you would invest. Formulas for the oil and gas ratios are provided below. (a)       (6 points) Compute the ratios for which you have data for the two companies.(b)       (8 points) What additional information would you need to compare the two companies before you decide in which company to invest your money? Discuss why you would need each additional item of information.(c)       Given the limited data you have, which company would you invest in and why.

Psychology homework help