| dc.description.abstract | The aim of this master’s thesis is to find out how the oil price impacts Norwegian oil
companies’ stock price and what kind of financial variables are relevant to investors, who are
investing in Norwegian oil companies. The first pillar presents the theoretical and empirical part of
oil price, company’s financial performance impact on stock price and the causes of oil price
movement. The second pillar presents research paper methodology research paper’s object, stages,
limitations of data and methods. In the third pillar we investigate regression results of the
relationships. The regression results show that overall the oil price has a positive impact on
Norwegian oil price movement. However, there are some outliers, who have no relationship with oil
prices or the impact is negative. Moreover, the OPEC decisions and currency exchange rates do not
have an impact on almost all oil companies. The regression results of relationship between oil
companies stock price and their financial variables showed that nowadays investors are more
interesting in company’s liquidity and efficiency variables. | nb_NO |
