Is the energy / oil & gas sector a bitch to understand?IB
OK, so I've been doing some research into the above sector and it looks pretty difficult to grasp. For those of you considering it, or - even better -, actually working in it, what are your thoughts about the learning curve and accompanying modelling that is required? On the one hand, it seems like a compelling area to tap into given the serious deal flow it is expected to generate over the coming years, however I can't help but think that it is probably the hardest to understand, given it's seemingly esoteric nature, and that it's best suited to ex-mining converts with relevant academic qualifications such as engineering etc.
Would love to hear your thoughts.