IN-PERSON CLASSROOM SEMINARS

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Three Day -- Analyst Training in the Power and Gas Sectors - In Partnership with SNL Energy


A Three-Day Classroom Seminar (CPE Approved)

Register Soon to get Early Bird Pricing.

Learn real world skills from practitioners in the world of Power and Gas finance

Analyst Training in the Power and Gas Sectors provides the comprehensive foundation you need to build a career in the power and gas sectors. You'll learn from people who work in this industry every day - from the fundamentals of the markets to financial and credit analysis to capital markets and much more.

August 13 is an intensive workshops in Excel modeling. You'll have the opportunity to put what you've learned into practice while it's still fresh.

What You Will Learn
  • Learn the key measures of profitability and financial strength in the power and natural gas industries - to give you the understanding you need to perform all analysis in the sector
  • Get an introduction to asset and enterprise-level valuation techniques - to help your firm take advantage of M&A opportunities and optimize pricing
  • Learn the effects of regulation and rate cases on a company's financial outlook, providing you with the insight necessary to interpret these factors
  • Understand various capital-raising instruments and the impact of capital management strategies under various market scenarios to help your firm minimize funding costs and risks
  • Gain perspective on the economic outlook for individual companies and the sector as a whole, allowing you to make better-informed decisions and understand your firm's position in the industry
What You Will Also Learn
  • The power value chain: generation, transmission and distribution
  • The natural gas value chain: transportation, storage and distribution
  • Assessing the credit quality of power and natural gas companies
  • Analyzing the financial statements of companies in the sector
  • Valuation techniques and analytical tools
  • Strategies and tactics by which power and natural gas companies access and manage capital
  • Macroeconomic trends affecting earnings and returns in the power and natural gas industries
  • The impact of federal and state regulatory forces
Seminar Agenda
Untitled Document

7:30 am

DAY ONE - August 10

Registration and continental breakfast opens.

8:15 am

Welcome and Introductions

8:30 am

Power and Natural Gas Market Structures

This overview will examine the energy value chain, including the generation, transmission and distribution of power, as well as the transportation, storage and distribution of natural gas. The session also offers a framework for understanding and measuring industry performance at the macro level.

10:30 am

Refreshment Break

10:45 am

Financial Statement Analysis - Case Study

Through an examination of the typical line items found in corporate financial statements, you will explore essential financial data for evaluating the economic health of power and natural gas companies.

12:00 pm

Lunch

1:00 pm

Rate Cases and their Impact on Earnings

In addition to dissecting and examining the intricacies of the rate case process, you'll explore the reasons for filing a case and the financial implications of decisions on the concerned parties. Topics covered include revenue requirement calculation, rate base and rate of return, and return on equity methodologies.

2:15 pm

Credit Analysis and Ratings

An examination of energy companies from the perspective of credit rating agencies and the fixed income investor. Gaining insight into the methods used by rating agency analysts to assess financial strength, participants learn what it takes to be a well-rated company. The session also illustrates the relative merits of various balance sheet management strategies, and the warning signs for ratings downgrades.

3:30 pm

Refreshment Break

3:45 pm

Project Finance

A comprehensive introduction to this common method of financing energy assets, including a discussion of structuring options, the importance of due diligence, the benefits of leverage, and financing considerations.

5:00 pm

Day One Concludes

8:15 am

DAY TWO - August 11

Continental breakfast opens.

8:30 am

Capital Raising

The advantages and drawbacks of various capital raising strategies and alternatives, illustrating their effects on the company financials and valuation. Time is devoted to addressing current trends in the primary capital markets and providing case studies on the execution and impact of various capital raising efforts.

10:00 am

Refreshment Break

10:15 am

Case Study: Asset Valuation

An exploration of the most common approaches and techniques used to value generation assets. Discussion includes the importance of the nuances surrounding energy assets' revenue and cost streams.

12:00 pm

Lunch

1:00 pm

Enterprise Valuation

Participants will learn the principles of enterprise valuation techniques and how they are applied from both a stand-alone and an acquisition perspective. Insight into distinguishing "art" from "science" in valuation approaches.

2:15 pm

Refreshment Break

2:30 pm

Case Study: Investing in the Power and Gas Sector

In a hands-on team exercise, you'll have the opportunity to apply the valuation tools and analytical skills developed over the course of the seminar by utilizing multiple approaches to the analysis and valuation of a publicly-traded power company.

4:30 pm

Day Two Concludes

8:15 am

DAY THREE (Tentative)-August 12

Untitled Document

Regional Supply Stack Analysis

10:00 am

Refreshment Break

10:15 am

Project Finance Model

11:45 am

Equity Valuation model

1:00 pm

Program Concludes

Boxed lunch will be provided

 

Hotel and Seminar Information
The seminar will start promptly at 8:15 AM and will finish at 5:00 PM on the first day followed. On the second day, the seminar will resume at 8:15 AM and will finish at 4:30 PM. On day three the seminar starts at 8:15 AM and concludes at 1:00 PM. Program includes all program materials, continental breakfast and lunch. Dress is business casual for all seminars.
COVID 19 Information: Please click here for the PGS Covid-19 policy. You can confirm each hotel's specific COVID 19 policy using the link(s) provided below.
Registration Fee and Discounts
The price for this comprehensive three-day seminar is $1,695 (USD).
Register online or Call (440) 853-1038.
  • Additional attendees and government employees receive a 10% discount.
  • Register 4 or more attendees and receive 20% Off. Special pricing is available for groups of 5 or more.
    If you want attendees to pay with separate credit cards or have other questions, please call (440) 853-1038 for assistance.
Payments and Cancellations
Payment is due prior to the start of the seminar by Visa, Master Card, American Express, or corporate check. Seminar fees will be charged to your credit card at the time of registration unless other arrangements have been made. Please make checks payable to "PGS Energy Training" 26 Teal Lane • Hilton Head Island, SC 29926. Cancellations will result in a credit that is good for 2 years which can be transferred to a colleague. Substitutions may be made at any time. For more information on PGS policies regarding administrative matters and complaint resolution, please contact our offices at (440) 853-1038.
CPE Credits in Specialized Knowledge

This live group seminar is eligible for 20.0 CPE credits. Be aware that state boards of accountancy have final authority on the acceptance of individual courses for CPE credit. As of January 1, 2002, sponsored learning activities are measured by program length, with one 50-minute period equal to one CPE credit. One-half CPE credit increments (equal to 25 minutes) are permitted after the first credit has been earned in a given learning activity. You may want to verify that the state board from which your participants will be receiving credit accept one-half credits.

PGS Energy Training is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. CPAs interested in attending any seminars should contact our offices for details on CPE credits granted and any prerequisite requirements.
PGS Energy Training is registered with GARP as an Approved Provider of Continuing Professional Development (CPD) credits. If you are a Certified FRM or ERP, please record this activity in your Credit Tracker at http://www.garp.org/cpd. Please inform PGS Energy Training that you are a GARP CPE participant upon seminar registration.

The Global Association of Risk Professionals (GARP) is a not-for-profit membership association dedicated to preparing professionals and organizations for making better-informed risk decisions. GARP's membership represents more than 150,000 risk management practitioners and researchers at academic institutions, banks, corporations, government agencies, and investment management firms in 195 countries and territories. GARP administers the Financial Risk Manager (FRM) and Energy Risk Professional (ERP) Exams – certifications recognized by risk professionals worldwide. Visit www.garp.org/cpd.
Who Should Attend

Finance, investor relations or corporate strategy/development professionals at power or gas companies. Professionals in investment banking, project finance, asset management, hedge funds, or equity/ fixed income research. Consultants, accountants and lawyers who advise power and gas clients. Industry regulators.

Suppliers to the power and gas sectors.

Prerequisites and Advance Preparation

Some familiarity with basic accounting and finance concepts.:

Pre-class reading material, which will be provided prior to the program.: A calculator (or equivalent phone app) for use during the seminar. Excel modeling will be a key element of the workshop on day three.

Why Choose PGS?

PGS in Partnership with SNL Energy seminars are known for their clear explanations and in-depth content. Register today, and join the energy professionals who have already attended one of these proven programs.

Program Level & Delivery Method
Basic level. This fundamental course begins with basic material and then proceeds to the intermediate level. Delivery method is "Group-Live.”