Name: _Yanqing Zhang
FIN 4363 Assignment 4: Financial Statement Analysis of O&G Companies
Due by Online Learning Class on Wednesday, March 8 at 11:45pm to Dropbox on Brightspace.
Due by oncampus class on Wednesday, March 8th (submit hardcopy in class)
25 total points
Compute the following ratios in 2016 for ConocoPhillips using the 10-K filing you have been provided this assignment. Note: All of
this information is also posted Brightspace news. Calculate the ratios below for the year 2016. Write/type your answers below and
attach your work. ½ credit is given if a question is attempted but it is wrong. If a student does not provide evidence of their
work, credit will not be given. Hint: Remember that all of the energy ratios below are calculated for ConocoPhillips (COP) in 2011
in the Unit 3 chapter reading and lectures: Chapter 9: Financial Statement Analysis for Oil and Gas Companies and Competitive
Benchmarking. I also given lectures on calculating the same ratios in 2014 for COP. You need to do similar calculations but for the
year 2016.
For this homework assignment, exclude Equity Affiliates when doing the calculations, as also done in Chapter 9.
QUESTIONS
Answer
Points
Possible
Your
Points
COMMENTS
1. 2016 Production Ratio (for total proven
reserves, Consolidated operations) Hint: See
page 153 of the 10-K report.
10.74%
2.0
2. 2016 Reserve Life Index (for crude oil only,
Consolidated operations) Hint: See page 145 of
the 10-K report.
9.6103
2.0
3. 2016 Production Replacement Ratio (for total
proven reserves, Consolidated operations) Hint:
See page 153 of the 10-K report.
-104.79
2.0
4. 2016 Production Replacement Ratio (for total
2.0
Hint: See page 153 of the 10-K report.
page 156 of the 10-K report for production cost
data.
Consolidated operations) Hint: See page 164 of
the 10-K report for cost data.
in my lectures and chapter. Write your answer
below.
