Report
Evaluating CAPEX risk: New metrics to assess extractive industry project portfolios
- Abstract:
- This paper sets out new metrics to assess whether natural resource company capex is responsibly diversified. There is growing criticism of existing metrics for assessing the prospects of oil majors, such as Reserve-Replacement Ratios, and we have sought to address this directly by introducing two novel, and straightforward, metrics – capex density and capex evenness.
- Publication status:
- Published
- Peer review status:
- Peer reviewed
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(Preview, Version of record, pdf, 3.5MB, Terms of use)
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Authors
- Publisher:
- Smith School of Enterprise and the Environment
- Host title:
- Stranded Assets Programme
- Journal:
- Stranded Assets Programme More from this journal
- Publication date:
- 2015-02-10
- Keywords:
- Pubs id:
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pubs:640762
- UUID:
-
uuid:569de1e1-ae36-435f-b2e1-4c25b6da4110
- Local pid:
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pubs:640762
- Source identifiers:
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640762
- Deposit date:
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2016-08-27
- ARK identifier:
Terms of use
- Copyright holder:
- Smith School of Enterprise and the Environment
- Copyright date:
- 2015
- Notes:
-
This is the
published version of a report published by the Smith School of Enterprise and the Environment on 2015-02-10, available online: http://www.smithschool.ox.ac.uk/research/sustainable-finance/publications/Evaluating-Capex-Risk.pdf
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