If anyone would be able to provide some guidance or materials it would be much appreciated. Just started a new role at my company (large upstream oil and gas company) in credit department. We manage the credit exposure to all our partners. Most are utilities, refining & marketing, or midstream companies. My coverage is the refining & marketing and midstream.
I’ve been through the CFA exams, but haven’t yet worked in credit. If anyone could reach out and share some advice on recent changes to credit evals for oil & gas, or point me to some solid training material it would be much appreciated. Most of my training so far has been systems based, and there is already a clear lack of fundamental understanding of financial statements in our group (from what I’ve seen so far). I may scan back through the material, but thought there may be something more relevant out there. I’ve pulled quite a bit from Moody’s to get a feel for what goes into their analysis.
Our group seems like there are some definite improvements that could be made, so would love to make a connection or two to bounce questions/ideas off of. Thanks in advance!