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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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