Bloomberg: U.S. energy companies keep raising money: U.S. oil and gas exploration and production companies, pipeline operators and liquefied natural gas firms have a knack for raising new money in the capital markets. For most of the past decade, that money has split fairly evenly between equity and high-yield bonds, with a few exceptions. But in 2016, energy companies raised money in equity almost entirely and then, in 2017, turned to debt. Last year, in a record 12 months for new capital, they raised 80 percent of their money — more than $50 billion — through debt.
Monty Bannerman
ArcStar Energy
+1-646-402-5076
www.arcstarenergy.com
No comments:
Post a Comment