The financial performance of the companies from the oil sector. A comparative analysis

Meral Kagitci
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Meral Kagitci: Bucharest University of Economic Studies, Romania

Theoretical and Applied Economics, 2019, vol. XXVI, issue Special, 119-127

Abstract: Financial analysis has become an important tool of business management in the past decades, since the decisions that companies' managers have to take are complex and depend by a variety of factors specific to the internal and external environment. A well-established financial analysis can constitute important advantages for the company. Starting from these premises, in this paper we analyze the financial position of a sample of 12 worldwide oil companies, one of the most competitive fields of activity with influences on other sectors.

Keywords: financial performance; return on equity; return on assets; oil market. (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:xxvi:y:2019:i:special:p:119-127

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