The Macroeconomic Uncertainty in the Oil and Gas Equipment Service Industry
THE MACROECONOMIC UNCERTAINTY IN THE OIL AND GAS EQUIPMENT SERVICE INDUSTRY
We explore how the macroeconomic fluctuation can really affect the performance of a company. We analyze the companies of the oil and gas equipment service industry: FMC Technologies, NOV, and Schlumberger. We use the MUST Analysis in order to discover what were the macroeconomic variables that really affects our companies’ performance, the magnitude, and the direction of the variables with the performance. The data sources we use were the companies’ annual report, an external analyst view on our companies, and secondary data on various macroeconomic data. We also specifically analyze how those macroeconomic variables can be a benchmark of our companies’ CEO performance.
Group 4:Arzigul Garayeva & Cita Utami
Table of Contents
Introduction .................................................................................................................................................. 2 Company Description and Internal Analysis ................................................................................................. 3 FMC Technologies..................................................................................................................................... 3 Table 1: Internal Report for FMC Technologies .................................................................................... 4 National Oilwell Varco .............................................................................................................................. 4 Table 2: Internal Report for NOV .......................................................................................................... 6 Schlumberger............................................................................................................................................ 6 Table 3: Internal Report for Schlumberger ........................................................................................... 7
We explore how the macroeconomic fluctuation can really affect the performance of a company. We analyze the companies of the oil and gas equipment service industry: FMC Technologies, NOV, and Schlumberger. We use the MUST Analysis in order to discover what were the macroeconomic variables that really affects our companies’ performance, the magnitude, and the direction of the variables with the performance. The data sources we use were the companies’ annual report, an external analyst view on our companies, and secondary data on various macroeconomic data. We also specifically analyze how those macroeconomic variables can be a benchmark of our companies’ CEO performance.
Group 4:Arzigul Garayeva & Cita Utami
Table of Contents
Introduction .................................................................................................................................................. 2 Company Description and Internal Analysis ................................................................................................. 3 FMC Technologies..................................................................................................................................... 3 Table 1: Internal Report for FMC Technologies .................................................................................... 4 National Oilwell Varco .............................................................................................................................. 4 Table 2: Internal Report for NOV .......................................................................................................... 6 Schlumberger............................................................................................................................................ 6 Table 3: Internal Report for Schlumberger ........................................................................................... 7