Questar Company Risk Analysis Essay -- essays research papers fc

INTEROFFICE REPORTQuestar Corporation heartiness Company Three segments of Questar operations cover preferences and regulated services. Follows is the adventure estimation for Questar Resources, Lack of internal control in estimating reserve(s) revenue, Financial analysis and the market, in the raw land developments, and the Environment. Most of the companys operations are located in the uptight Mountain region of Wyoming, Utah, Colorado, Texas, Oklahoma, and Louisiana (5). Distribution is throughout the United States.QUESTAR operationsA multi-faceted holding company formed through reorganization in 1984 into an energy company to distinguish non-utility services (5). Crude resources from fossil fuels (oil, vivid gas) are developed through drilling for interstate transmission, storage 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 sedulousness (5 ). 1.Market Resources is the major manufacturer of income driving segments of the business. Natural gas (nonregulated) is 86% of its focal point on evaluating crude resources for process through gas management (5). 2.Questar Pipeline (regulated) is obligated for transportation and storage. This includes the development of pipeline. Business is dependent on acquiring leases and the practice of land. Operations at well sites can have a action of 20-40 years. 3.Questar Gas (regulated) involves retail distribution. Sales are based on seasonal usage and economic factors such as the markets tone ending rate (5).RISK ASSESSMENTResources Price Risk and Land chance Crude resources are a distinct global market. Questar is a productive and reliable enterprise with all three segments highly revenue driven, secured by federal and state government regulations. Wholesale figures fluctuate within the industry by a minimal amount for distribution nationwide, but this eccentric of commodity requires prices to be set by the market nationwide and non the company.Competition in this industry is the ability to secure land rights for drilling. establishment 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. outside 10)Kieso, Donald E., Weygandt, Jerry J., Warfield, terry cloth D. Intermediate write up. Hoboken, NJ Current Developments for Audit Committees 2002. Pricewaterhouse Coopers analysis on recognizing revenue. External 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 director summary on 180% increase within two age on the national spot market for natural gas. External12) Questar Goes constitute with the SPL Customer Care and Billing Solution. Factiva Online September 2004. http //80-global.factiva.com.libproxy.sdsu.edu/en/arch/display.asp (8 October 2004). Accounting changes in billing customers. External13)Standard & Poors. Register of Corporations, Directors and Executives. 2003 ed. revolutionary York McGraw-Hill Companies, 2003. The energy sector as a whole. External