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When key business decisions need to be made in short time frames amid a backdrop of market volatility, a robust financial model remains one of the top tools in your company’s arsenal to evaluate the consequences of your strategy.
Bank of Canada Governor Stephen Poloz has cautioned Canadians to be prepared for economic volatility (although he has stated to national media that he is not expecting a recession in 2019).
Recent historic actions by Alberta’s provincial government to raise oil prices have provided some measure of short-term relief for the oil-and-gas sector, even as Western Canadian Select continues to sell at a discount to the U.S. benchmark. With the compounding factors of provincial and federal policies, a lack of Canadian and North American oil infrastructure, and a transportation bottleneck with no current long-term solutions for alleviation, oil-and-gas companies remain operationally handicapped. Key decisions are being made daily by businesses looking for operational advantages in a turbulent market.
In this webinar, Financial Advisory Services leader and in-house industry expert Mike Devonshire will examine financial modelling and its applications to the O&G services sector, including:
- Strategic advantages of using a financial model as a key decision-making tool
- Key assumptions (and why they matter)
- Realistic and achievable KPIs (and how to set them)
- Building adaptability and transferability into your model
- What a robust model can tell you about your company’s future
- What banks and private investors are looking for when assessing your financial model (and the impact on the capital-raising process)
You will also have the opportunity to participate in the live Q&A session or have your questions answered confidentially.
DATE
Thursday, March 21st, 2019
TIME (Mountain Standard)
12 p.m. to 12:20 p.m. | Webinar
12:20 p.m. to 12:30 p.m. | Live Q&A session
Mike Devonshire, CPA, CA, CBV, CDFA
As the office leader of the Financial Advisory Services group in Calgary, Mike works with business owners and management teams on complex valuation and corporate planning matters. Mike works with clients to not only understand the value of their business today, but what they can work on to enhance value over time. Mike’s career has focused on working with privately held business in a variety of industries including construction, real estate, oil and gas services, renewable energy and professional services. In addition to working with business owners, Mike and his team also provide financial reporting support, litigation support, forensic, and loss quantification services.
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