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.
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
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
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.
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.
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.
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.