• 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 ...
    • Attention to oil prices and its impact on the oil, gold and stock markets and their covariance 

      Fiszeder, Piotr; Fałdziński, Marcin; Molnar, Peter (Peer reviewed; Journal article, 2023)
      This paper studies the impact of investor attention to oil prices on returns, volatility, and covariances of three exchange traded funds representing oil, gold, and the stock market. For this purpose, we suggest a new ...
    • 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, ...
    • Modeling superior predictors for crude oil prices 

      Westgaard, Sjur; Osmundsen, Petter; Stenslet, Lord Olav Daniel; Ringheim, Jo Kogstad (Journal article; Peer reviewed, 2017-06)
      A common perception in the literature is that oil price dynamics are most adequately explained by fundamental supply-and-demand factors. We use a general-to-specific approach and find that financial indicators are even ...