• Accounting Method Choice and Market Valuation in the Extractive Industries 

      Misund, Bård (Journal article; Peer reviewed, 2017-11)
      For more than 40 years, oil and gas companies have been able to choose between two competing methods for accounting for exploration activities. The implication is that two otherwise identical companies can report substantially ...
    • Accounting Method Choice and Market Valuation in the Extractive Industries 

      Misund, Bård (Journal article; Peer reviewed, 2017-11)
      For more than 40 years, oil and gas companies have been able to choose between two competing methods for accounting for exploration activities. The implication is that two otherwise identical companies can report substantially ...
    • Bioøkonomisk analyse av negative eksternaliteter mellom lakseoppdrettsanlegg 

      Kinn, Magnus Sundby; Simonsen, Haavard (Masteroppgave/UIS-TN-ISØP/2019;, Master thesis, 2019-06)
      Norsk oppdrettsnæring har vært en industri i stadig vekst helt frem til 2015, hvor problemer knyttet til blant annet lakselus og sykdom satte en brems på veksten. Næringen har alltid slitt med denne type negative faktorer, ...
    • Can technical trading strategies in the European natural gas market outperform a buy and hold strategy? 

      Husby, Sebastian; Dados, Harald (Masteroppgave/UIS-HH/2019;, Master thesis, 2019-06-16)
      Technical analysis is the study of past market history to determine future direction and is a common tool for investors to include in a strategy when trading stocks, futures, and other financial assets. Studies have shown ...
    • Currency hedging in the Norwegian seafood industry 

      Helland, Fredrik; Bjerkelund, Simen (Masteroppgave/UIS-SV-HH/2016;, Master thesis, 2016-06-14)
      This paper examines the effect of currency hedging on the financial results, stock prices and firm value on ten seafood companies listed on the Oslo Stock Exchange. Running Monte Carlo simulations on a firm’s financial ...
    • Economic Effects of Global Warming: The Impact on the Life Cycle of Salmon Lice, With Knock-on Effects on Aquaculture and Angling Tourism 

      Valberg, Vegard; Lee, Jacky (Masteroppgave/UIS-TN-ISØP/2019;, Master thesis, 2019-06-13)
      Salmon lice, Lepeophtheirus salmonis, is a parasitic copepod endemic to Atlantic salmon. In recent year salmon aquaculture has created large breeding grounds for this parasite, as well as acting as a vector for infection ...
    • Exploration vs. acquisition of oil and gas reserves: Effect on stock returns 

      Misund, Bård (Journal article; Peer reviewed, 2018-02-21)
      This paper examines how oil and gas companies’ reserves growth affects their share price returns. In particular we examine three issues affecting the relation between reserves changes and oil and gas firm returns. First, ...
    • Fish Pool - A success or failure 

      Mikalsen, Kjartan; Goa, Ragnhild (Masteroppgave/UIS-HH/2019;, Master thesis, 2019-06)
      Atlantic salmon farming is an important industry in Norway, it is however a market dominated by a high volatility. Fish Pool was established more than ten years ago, offering futures contracts for risk management. This ...
    • Grunnrenteskatt på havbruk 

      Fossestøl, Mari; Pålsson, Natascha (Masteroppgave/UIS-HH/2019;, Master thesis, 2019-06)
      Regjeringen vil utrede og eventuelt innføre en grunnrenteskatt på havbruk. Utnyttelse av knappe ressurser kan gi opphav til en avkastning utover normal avkastning, en avkastning som ofte betegnes som grunnrente (NOU ...
    • Hedging efficiency of Atlantic salmon futures 

      Misund, Bård; Asche, Frank (Journal article; Peer reviewed, 2016-08)
      This article examines the hedging properties of Atlantic salmon futures. Hedging is important because it allows for mitigation of the risk of adverse price changes in the spot market. We examine the hedging efficiency of ...
    • The impact of long-short speculators on volatility of energy commodity futures prices. 

      Dahl-Stamnes, Therese (Masteroppgave/UIS-TN-ISØP/2020;, Master thesis, 2020-06)
      This paper studies the effect of long-short speculators in four energy commodity futures, all traded on the New York Mercantile Exchange (NYMEX) over the period January 2010 to February 2020. Using the Total Open Interest ...
    • Investment analysis under uncertainty: a case study of investment in fish farming technology 

      Hogstad, Malin (Masteroppgave/UIS-HH/2019;, Master thesis, 2019-06)
      The Norwegian Aquaculture industry is facing great environmental problems, where the Norwegian Government have limited the production potential in the industry until these challenges can be resolved. New technology and ...
    • Investment behaviour in the international oil and gas industry : essays in empirical petroleum economics 

      Mohn, Klaus (PhD thesis UiS;51, Doctoral thesis, 2008)
      High growth and welfare aspirations will require massive energy investment in the years ahead of us, especially in the non-OECD area. With more than 60 per cent of primary energy supply, oil and natural gas play a dominant ...
    • Kontraktsmarked i førstehåndsomsetningen av fisk 

      Misund, Bård; Martens, Søren; Nyrud, Thomas; Dreyer, Bent (Nofima rapportserie;, Research report, 2018-04)
      Denne rapporten undersøker muligheten for å etablere et kontraktsmarked innen førstehåndsomsetningen av villfisk. Det gis først en litteraturgjennomgang omkring utbredelsen av kontraktsmarkeder. Det defineres et sett med ...
    • Quantifying the Economic Impacts of Sea Lice and Sea Lice Mitigation Efforts on Norwegian Salmonid Aquaculture 

      Kaldheim, Ole; Nordbotn, Sondre (Masteroppgave/UIS-TN-ISØP/2019;, Master thesis, 2019-06-11)
      The salmonid aquaculture industry is facing significant environmental and biological challenges, limiting the industry’s ability to grow. One of the most critical challenges is the prevalence of sea lice. Parasitic sea ...
    • Quantifying the economic impacts of viral disease in Norwegian aquaculture. 

      Rasmussen, Rasmus (Masteroppgave/UIS-TN-ISØP/2020;, Master thesis, 2020-06-14)
      Norway has since the advent of modern aquaculture been leading in the production of farmed Atlantic salmon. The industry has seen a rapid increase in production and combined with an overall increase in salmon price, the ...
    • Supply and demand determinants of natural gas price volatility in the U.K.: A vector autoregression approach 

      Misund, Bård; Øglend, Atle (Journal article; Peer reviewed, 2016-06)
      Since 2008, the U.K. natural gas market has witnessed a marked drop in volatility. This fall has coincided with specific events in oil and gas sector such as the onset of the U.S. “shale gas revolution” and the subsequent ...
    • Valuation of proved vs. probable oil and gas reserves 

      Misund, Bård; Osmundsen, Petter (Journal article; Peer reviewed, 2017-09)
      Oil and gas reserves are the most important assets of oil and gas companies. A source of confusion for investors in oil companies, is that reserves quantities and values are uncertain estimates. Reserves are typically ...
    • Verdi av fleksibilitet for Lysebotn 2 

      Vevatne, Viljar; Bjørnå, Sander (Masteroppgave/UIS-HH/2020;, Master thesis, 2020-06-15)
      Sammendrag Det nordiske kraftmarkedet er preget av høy volatilitet. Med økt innslag av sol- og vindkraft i energimiksen vil volatiliteten trolig øke i fremtiden. Dette skyldes at disse produksjonsformene drives av værforhold, ...
    • Verdirelevansen av å rapportere biologiske eiendeler til virkelig verdi. En studie av norske lakseoppdrettselskaper 

      Misund, Bård (Journal article; Peer reviewed, 2016)
      Fra 2005 har børsnoterte oppdrettsselskaper regnskapsført levende fisk i sjø til virkelig verdi i henhold til IAS 41. Det kan virke som at oppdrettere har begrenset tiltro til biomassejusteringene til virkelig verdi, ...