COMPARATIVE STUDY ON FINANCIAL PERFORMANCE AND FINANCIAL DISTRESS OF OIL AND GAS COMPANIES IN INDIA AND SULTANATE OF OMAN
Keywords:
Financial Performance, Financial Distress, Oil and Gas Sector, Altman Z-score, India, Oman, Ratio Analysis, Bankruptcy Prediction, Comparative Analysis, Energy EconomicsAbstract
This research paper presents a comprehensive comparative analysis of the financial performanceand financial distress indicators of major oil and gas companies in India and the Sultanate of Oman.The study examines key financial metrics, bankruptcy prediction models, and economic indicators that influence the oil and gas sector in both countries. Using data from 2018-2023, the research
applies quantitative methods including ratio analysis, Altman Z-score models, and statistical
References
Al-Tamimi, K., & Lootah, S. (2018). Evaluation of Financial Performance of GCC Oil Companies during Price Decline. International Journal of Energy Economics and Policy, 8(2), 210216. https://www.econjournals.com/index.php/ijeep/article/view/6071


