Assignment

Resources: Securities and Exchange Commission website and Yahoo Finance website;

Review the Securities and Exchange Commission at http://www.sec.gov for publicly traded company information, such as the annual reports on Form 10-K and the quarterly reports on form 10-Q. Value Line is an investor service that you might also use to find information and is available in most libraries.;

Visit http://www.finance.yahoo.com or http://www.sec.gov (or similar sources) to select a publicly traded energy company of interest. Explore all available resources for the selected company.;

Write a paper of no more than 1,050 words that addresses the following;

Identify how the Principles of Finance discussed in Ch. 2 of Corporate Financial Management relate to the selected company. Provide an example of how each of the 12 Principles is represented in this company.;

Which principle of finance best explains the book value of an asset? Does this principle also explain the market value of an asset? Why or why not? Discuss an example from the energy industry for which the market value of an asset is different from its book value.;

What are the distinctive financial characteristics of the energy industry that make it different from other industries financially? How do these characteristics affect financial strategy for industry participants?