FMP
Jun 11, 2024 5:38 AM - Parth Sanghvi
California Attorney General Rob Bonta has intensified legal action against major oil companies, demanding they surrender profits allegedly made through misleading the public about their contribution to climate change. This move leverages a new state law enabling the attorney general to seek disgorgement of profits earned through unfair competition and false advertising.
Legal Context:
Industry Response:
Legal and Economic Implications:
Statements from Involved Parties:
California's legal action against major oil companies represents a significant step in holding these corporations accountable for their environmental impact and transparency practices. By seeking the disgorgement of profits, Attorney General Rob Bonta aims to address the financial gains made through alleged deception regarding climate change contributions.
Oct 31, 2023 8:03 AM - Parth Sanghvi
Free cash flow to the firm (FCFF) and free cash flow to equity (FCFE) are two of the most important metrics used in financial modeling. Both metrics measure the amount of cash that is available to a company's shareholders and creditors, but there is a key difference between the two. FCFF measures...
Nov 25, 2023 6:39 AM - Parth Sanghvi
Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...
Dec 23, 2023 2:19 AM - Parth Sanghvi
Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...