VPP is a type of structured investment that involves the owner of an oil and gas interest selling a specific volume production in that field or property. The investor receives a stated monthly quota – often in raw output, which is then marketed by the VPP buyer – or a specified percentage of the monthly production achieved at the given property. A VPP deal allows the seller to … [Read more...]
Archives for March 2010
Senior Stretch Loan
Senior Stretch Loan, or overadvance loan, is a hybrid debt instrument consisting of both asset-based loan and cash flow loan. It is a loan to a business enterprise that has elements of both asset-based and cash-flow lending. In a typical stretch loan the lender offers funding beyond the lendable value of current and fixed assets if the company demonstrates it can generate … [Read more...]
Wildcatting
Wildcatting is s policy instituted by the Securities and Exchange Commission (SEC) that calls for the review of an entire industry whenever critical problems like accounting fraud(s) are found within one or two companies in the industry. The origins of this term are derived from the oil industry, where companies drill for oil in unexplored or wild areas. This policy of … [Read more...]
Stock And Warrant Off-Balance Sheet R&D – SWORD
The SWORD i.e Stock And Warrant Off-Balance Sheet R&D is a separate entity that is connected and linked to the outside investors and the biotech company through several legal obligations. These kind of Investors usually lies in the category of institutional investors or wealthy individuals looking to capitalize on the latest technology. The investors are hoping to benefit … [Read more...]
PEGY Ratio :Price/Earnings to Growth and Dividend Yield
PEGY Ratio is the variation of the price-to-earnings ratio in that a stock value evaluated in detail by its projected earnings growth rate and dividend yield. For stocks that pay a substantial dividend, the PEGY may be an even better measure than PEG. As with the PEG, keep in mind the numbers are based on future projections and, therefore, aren't guaranteed to be accurate. It … [Read more...]