1Q 2023 Oil & Gas Debt Data Book

This data book provides a reference guide to the listed and leveraged oil & gas fixed income securities, and their performance.

There seems to be a disconnect in the general public's collective mind that there is an explicit link between price, supply and investment.

The lack of new issues in leveraged loans or listed debt underlines that the new paradigm is now in place, and it doesn't involve the traditional lenders.

The new regime for finance has begun, and it places more power in the upstream segments' hands, opposed to the consumers'.

This month is encapsulated by the following key takeaways:

Leveraged Debt

• Leveraged debt has left the building, the dearth of new issues suggests that ESG has claimed oil & gas leveraged loans.

Listed Debt

• There have been no new issues, the financing world is changing.

In this edition, we provide the front section of the report (PDF format), while the individual debt data can be accessed from the data file (Excel).