Key words: economic growth, modeling of economic growth, valid dynamics indicator, oil and gas companies, the analysis of oil and gas companies, oil and gas complex management.
The work presents an alternative approach to modeling of economic growth of oil companies. This approach contains the method of standard dynamics indicators (dynamic standard) which takes into account the features of dynamic comparability and dynamic hierarchy of indicators. The use of this method allowed getting quantitative assessment of the achieved level of economic growth of largest Russian oil companies on the basis of their total indicators touching various oil companies’ activity spheres such as geological survey, production, refinement, making and sale of oil products, social responsibility. The results were compared with traditionally used indicators of economic growth, i.e. sales and profit. On the basis of correcting standard dynamics some major factors were revealed. These factors kept largest Russian enterprises from achieving high level of economic growth. With the help of suggested algorithm we found out the main problems of economic growth of this industrial sector in general. In conclusion there is the idea that the model of standard growth of oil companies could be used even in the conditions of aggravated economic situation (crisis).
