Questar Company Risk Analysis Essay -- essays research papers fc

INTEROFFICE REPORTQuestar corporation Energy Company Three segments of Questar operations cover resources and regulated services. Follows is the essay assessment for Questar Resources, Lack of internal control in estimating reserve(s) receipts, Financial analytic thinking and the market, New overturn developments, and the Environment. Most of the companys operations are located in the Rocky Mountain region of Wyoming, Utah, Colorado, Texas, Oklahoma, and Louisiana (5). Distri saveion is throughout the linked States.QUESTAR OPERATIONSA multi-faceted holding company formed through shakeup in 1984 into an energy company to distinguish non-utility services (5). Crude resources from fogey fuels (oil, natural blow out) are developed through drilling for interstate transmission, retentivity and distribution. The resource division involves gas, oil, natural gas for marketing, cost analysis of gas development, risk management, and distribution for the wholesale/retail industry (5). 1.Market Resources is the major producer of income driving segments of the business. Natural gas (nonregulated) is 86% of its focal transport on evaluating crude resources for process through gas management (5). 2.Questar contrast (regulated) is responsible for transportation and storage. This includes the development of pipeline. Business is dependent on acquiring leases and the use of land. Operations at well sites can have a life of 20-40 years. 3.Questar Gas (regulated) involves retail distribution. Sales are based on seasonal usage and economic factors such as the markets going rate (5).RISK ASSESSMENTResources Price Risk and undercoat Opportunity Crude resources are a distinct global market. Questar is a profitable and reliable enterprise with all three segments highly revenue driven, secured by federal and state government regulations. Wholesale figures fluctuate deep down the industry by a minimal amount for distribution nationwide, but this type of commodity requires prices to be set by the market nationwide and not the company.Competition in this industry is the ability to secure land rights for drilling. Government regulations have restricted areas containing crude resources for development by 40% (7). 90% o... ...rve%20Valuation.pdf (8 October 2004). Industry changes that may affect energy resources financial reporting. international 10)Kieso, Donald E., Weygandt, Jerry J., Warfield, Terry D. Intermediate Accounting. Hoboken, NJ Current Developments for Audit Committees 2002. Pricewaterhouse Coopers analysis on recognizing revenue. extraneous 11) Natural Gas Market Prices. California Energy Commission. 2 April 2003. http//www.energy .ca.gov/2003_price_spikes/2003-04-02_natgas_execsum.html (8 October 2004). Executive summary on 180% increase within dickens days on the national spot market for natural gas. External12) Questar Goes Live with the SPL Customer Care and Billing Solution. Factiva Online September 2004. http//80-global.factiva.com .libproxy.sdsu.edu/en/ revolting/display.asp (8 October 2004). Accounting changes in billing customers. External13)Standard & Poors. study of Corporations, Directors and Executives. 2003 ed. New York McGraw-Hill Companies, 2003. The energy sector as a whole. External