Oil & Gas beginner...
Hey guys,
Targeting Energy IB (Houston) and currently grinding through NAV modeling.
One thing I noticed is that NAV models feel like pure "unlevered asset valuations" and don't really touch the financing/structuring side.
- How much do you actually advise on the capital stack? Are you pitching the specific mix of Debt/Equity or is that mostly handed off to LevFin/DCM?
- Do Coverage juniors build the RBL (Borrowing Base) models from scratch, or is that usually provided by other team?
- If a deal involves Midstream/LNG, do we actually touch Project Finance models, or is that a separate world?
Appreciate any insights. Cheers!
Deleniti necessitatibus qui in voluptatem mollitia sit sunt. Et sunt nihil similique atque veniam aut harum.
Est aut debitis pariatur quae labore repellat. Voluptatibus nam quis consequuntur magni aut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...