The Share Price and Investment: Current Footprints for Future Oil and Gas Industry Performance
The share price has become a very important indicator for shareholders, banks, and financial institutions evaluating the performance of companies. The oil and gas industry seems to be in a difficult era of development, due to the market prices for its products. Moreover, climate change and renewable...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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MDPI AG
2018-02-01
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| Series: | Energies |
| Subjects: | |
| Online Access: | http://www.mdpi.com/1996-1073/11/2/448 |
| _version_ | 1818013327823994880 |
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| author | Ionel Jianu Iulia Jianu |
| author_facet | Ionel Jianu Iulia Jianu |
| author_sort | Ionel Jianu |
| collection | DOAJ |
| description | The share price has become a very important indicator for shareholders, banks, and financial institutions evaluating the performance of companies. The oil and gas industry seems to be in a difficult era of development, due to the market prices for its products. Moreover, climate change and renewable energies are barriers for fossil energy. This state of affairs, and the fact that oil and gas shares are considered one of the most solid and reliable shares on the London Stock Exchange (LSE), have drawn our attention. International institutions encourage the investment in the oil and gas economic sector. This study investigates how investments of oil and gas companies in long-term assets influence the share price. Using the Ohlson share price model for a sample of 51 listed companies on the LSE proves that investments in long-term assets influence the share price in the case of companies which record losses. Investments in long-term assets are responsible for the attractiveness of the oil and gas company shares. |
| first_indexed | 2024-04-14T06:31:46Z |
| format | Article |
| id | doaj.art-8a6e23b058df441daa120520e548c7be |
| institution | Directory Open Access Journal |
| issn | 1996-1073 |
| language | English |
| last_indexed | 2024-04-14T06:31:46Z |
| publishDate | 2018-02-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Energies |
| spelling | doaj.art-8a6e23b058df441daa120520e548c7be2022-12-22T02:07:36ZengMDPI AGEnergies1996-10732018-02-0111244810.3390/en11020448en11020448The Share Price and Investment: Current Footprints for Future Oil and Gas Industry PerformanceIonel Jianu0Iulia Jianu1Department of Accounting and Audit, The Bucharest University of Economic Studies, Romana Square, No. 6, 010374 Bucharest, RomaniaDepartment of Accounting and Audit, The Bucharest University of Economic Studies, Romana Square, No. 6, 010374 Bucharest, RomaniaThe share price has become a very important indicator for shareholders, banks, and financial institutions evaluating the performance of companies. The oil and gas industry seems to be in a difficult era of development, due to the market prices for its products. Moreover, climate change and renewable energies are barriers for fossil energy. This state of affairs, and the fact that oil and gas shares are considered one of the most solid and reliable shares on the London Stock Exchange (LSE), have drawn our attention. International institutions encourage the investment in the oil and gas economic sector. This study investigates how investments of oil and gas companies in long-term assets influence the share price. Using the Ohlson share price model for a sample of 51 listed companies on the LSE proves that investments in long-term assets influence the share price in the case of companies which record losses. Investments in long-term assets are responsible for the attractiveness of the oil and gas company shares.http://www.mdpi.com/1996-1073/11/2/448energy marketoil and gas industryinvestmentsshare priceperformance |
| spellingShingle | Ionel Jianu Iulia Jianu The Share Price and Investment: Current Footprints for Future Oil and Gas Industry Performance Energies energy market oil and gas industry investments share price performance |
| title | The Share Price and Investment: Current Footprints for Future Oil and Gas Industry Performance |
| title_full | The Share Price and Investment: Current Footprints for Future Oil and Gas Industry Performance |
| title_fullStr | The Share Price and Investment: Current Footprints for Future Oil and Gas Industry Performance |
| title_full_unstemmed | The Share Price and Investment: Current Footprints for Future Oil and Gas Industry Performance |
| title_short | The Share Price and Investment: Current Footprints for Future Oil and Gas Industry Performance |
| title_sort | share price and investment current footprints for future oil and gas industry performance |
| topic | energy market oil and gas industry investments share price performance |
| url | http://www.mdpi.com/1996-1073/11/2/448 |
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