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2018 capital raising hits $107B, down 20% YOY
The energy capital markets brought in
an aggregate $106.8 billion through debt and
equity offerings in 2018, down 20% from the
$133 billion sold during 2017. Collectively,
offerings were down 26% from the previous
year. In the fourth quarter, the industry raised
$20 billion in fresh funds through debt and
equity offerings, according to data compiled
by Drillinginfo’s Capitalize, a platform
that tracks securities and credit activity
of energy companies that file with the US
Securities and Exchange Commission as
well as private investment activity.
The equity......
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