JPMorgan Equity Research 

United States, New York, New York 

787894917

DESCRIPTION:

QUALIFICATIONS:

Minimum education and experience required: Bachelor’s degree in Engineering (any), Finance, or related field of study plus 3 years of experience in the job offered or as Equity Research Analyst/Associate, Investment Banking Analyst/Associate, Manager, Procurements and Contracts Department, or related occupation.

Skills Required: Requires 1 year (12 months) of experience in the oil and gas industry. Requires experience with: Key drivers, major legislation, regulations (drilling techniques, environmental emission norms, windfall taxes, and royalty rates), and essential terminology (drilling techniques, decline rates, and types of oilfield services equipment) in the Exploration and Production (E&P) and Oilfield Services (OFS) sectors; Financial projections of the three financial statements (income statement, balance sheet, and cash flow statements), incorporating historical trends, management guidance, supply-demand forecasts, and competitive dynamics; Valuation frameworks for oil and gas businesses, using various financial modelling techniques including discounted cash flow, dividend discount modelling, net asset value, and relative valuation methods including free cash flow yield, Enterprise Value to EBITDAX, price to net asset value; Analyzing gas reserve estimates based on FASB Code 932 (including proved developed and proved undeveloped reserves); Applying advanced accounting concepts to oil and gas companies, including successful efforts vs. full cost accounting and net operating losses under Sections 172 and 382 of the Internal Revenue Code; Expressing complex financial analysis, sector level trends, and business performance through comprehensively and compellingly written research reports; and Gathering publicly available data through web scraping, and analyzing that data along with third-party data and regulatory filings using advanced Excel features including VBA Macros, advanced indexing, and look-ups.

Full-Time. Salary: $200,000.00-$225,000.00 per year.