Customer Logins
Obtain the data you need to make the most informed decisions by accessing our extensive portfolio of information, analytics, and expertise. Sign in to the product or service center of your choice.
Customer Logins
BLOG
Jun 12, 2018
Higher oil prices outweigh rising interest rates so far; debt investors continue to express confidence in E&Ps
During the oil boom, E&Ps financed rocketing production growth and sizable cash flow deficits with cheap money during a low interest rate environment. Total debt for the companies doubled from $125 billion in 2010 to $250 billion in 2015, as shown in the chart below. As debt ballooned and as oil prices collapsed, as many as 160 North American E&Ps declared bankruptcy or commenced strategic reviews.
Learn more about our Energy Company and Transaction Research service.
This article was published by S&P Global Commodity Insights and not by S&P Global Ratings, which is a separately managed division of S&P Global.
{"items" : [
{"name":"share","enabled":true,"desc":"<strong>Share</strong>","mobdesc":"Share","options":[ {"name":"facebook","url":"https://www.facebook.com/sharer.php?u=http%3a%2f%2fprod.azure.ihsmarkit.com%2fcommodityinsights%2fen%2fci%2fresearch-analysis%2fhigher-oil-prices-outweigh-rising-interest-rates.html","enabled":true},{"name":"twitter","url":"https://twitter.com/intent/tweet?url=http%3a%2f%2fprod.azure.ihsmarkit.com%2fcommodityinsights%2fen%2fci%2fresearch-analysis%2fhigher-oil-prices-outweigh-rising-interest-rates.html&text=Higher+oil+prices+outweigh+rising+interest+rates+so+far%3b+debt+investors+continue+to+express+confidence+in+E%26Ps+%7c+S%26P+Global+","enabled":true},{"name":"linkedin","url":"https://www.linkedin.com/sharing/share-offsite/?url=http%3a%2f%2fprod.azure.ihsmarkit.com%2fcommodityinsights%2fen%2fci%2fresearch-analysis%2fhigher-oil-prices-outweigh-rising-interest-rates.html","enabled":true},{"name":"email","url":"?subject=Higher oil prices outweigh rising interest rates so far; debt investors continue to express confidence in E&Ps | S&P Global &body=http%3a%2f%2fprod.azure.ihsmarkit.com%2fcommodityinsights%2fen%2fci%2fresearch-analysis%2fhigher-oil-prices-outweigh-rising-interest-rates.html","enabled":true},{"name":"whatsapp","url":"https://api.whatsapp.com/send?text=Higher+oil+prices+outweigh+rising+interest+rates+so+far%3b+debt+investors+continue+to+express+confidence+in+E%26Ps+%7c+S%26P+Global+ http%3a%2f%2fprod.azure.ihsmarkit.com%2fcommodityinsights%2fen%2fci%2fresearch-analysis%2fhigher-oil-prices-outweigh-rising-interest-rates.html","enabled":true}]}, {"name":"rtt","enabled":true,"mobdesc":"Top"}
]}