I have a greater interest in state and national trends, issues, and news as it relates to the industry. Sarita Loehr, Vice President of Human Resources, Public Service Company of New Mexico Shareholder Value Financial Management uses case problems to illustrate principles of finance. Specific skills include calculating the cost of capital and establishing dividend policy. Participants look at their companies as financial models with decisions based on value contribution. Mario Reyes , University of Idaho Utility Accounting and Financial Reporting provides information on the underlying accounting concepts for utility financial statements.
Participants analyze and interpret financial statements for participating companies.
Joel Berk , Financial Accounting Institute Energy Options and Futures develops an understanding of the energy futures markets and uses of these markets in a deregulated electricity and natural gas business environment. The issues addressed include the basics of electricity and natural gas futures and options markets, the commercial uses of futures, delivery processes, pricing, hedging, and risk management strategy. Mario Reyes , University of Idaho Increasing Shareholder Value through Capital Markets guides participants in thinking through their companies' key financial decisions. This session focuses on the nature of investment capital, its significance to the economy and the energy industry, investor risk and return assessment, the cost of capital, and the impact of regulation. Participants increase their comfort with using financial terms and discuss ways of explaining their companies' key financial decisions to the investment community.