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ACKNOWLEDGEMENT
First of all we would like to thank Allah Almighty for granting us the capability and courage to work on this report with my best efforts, and for the patience and perseverance endowed by Him.
We would also like to thank Mr. H. JAMAL ZUBAIRI for giving us the chance to work on this report and for his guidance, advice and examples during regular sessions which made this report possible.
We would also like to extend our gratitude to the senior students who gave guidance and helped us in this report.
We genuinely hope that this report meets the designated standards and you have a pleasant time going through it.
Thank you.
Abstract:
The oil and gas exploration sector has vital impact on the economy of the country. The report analyses the global scenario of the oil and gas sector and how the reserves around the world of oil and gas are increasing because of the extreme importance given to the sector of oil and gas exploration. Moreover, the consumption of oil and gas has declined last year because of various reasons including alternate energy uses like nuclear energy.
When considering the scenario in Pakistan, the consumption is increasing which is against the global trend. Moreover, industries pose heavy demands on the oil and gas sector.
Literature is analyzed and review provides with the understanding of the literature in few words. The impact of different ratios on profitability are analyzed through the use of ratios and different statistical tools. The conclusion clearly indicates that cash conversion cycle only has the significant impact on the profitability.
Introduction:
Oil and gas has been considered as one of
Bibliography: http://www.articlesbase.com/investing-articles/natural-gas-outlook-2010-1561382.html#ixzz19rbGEC9A http://www.scienceclarified.com/Mu-Oi/Natural-Gas.html http://www.bp.com/ www.marigas.com.pk www.ppl.com.pk www.pakoil.com.pk www.ogdcl.com www.investopedia.com