Credit Challenge Grows for US Energy Sector: August 2020
To download the August 2020 Oil & Gas Aggregate PDF, click here. . Problems for the beleaguered US energy sector have continued to mount this year. Demand for oil plummeted, bringing down prices as competition and supplies grew. Bankruptcies continue in the industry as the broad economy continues to struggle, and it’s not clear how […]
Credit Challenge Grows for US Energy Sector: July 2020
To download the July 2020 Oil & Gas Aggregate PDF, click here. . Problems in credit quality abound, yet few sectors are seeing deterioration like the US energy sector. Supplies remain elevated as demand remains lower, and the economy remains weakened as new COVID-19 cases surge throughout the country. So great is the strain for […]
Default Risk for US Oil & Gas Sector Continues to Rise: June 2020
To download the June 2020 Oil & Gas Aggregate PDF, click here. . Each monthly credit update brings more bad news for the energy sector. Even with positive signs, such as increased air travel and the gradual reopening of the economy, demand remains suppressed. Default risk continues to surge and shows no sign of immediate […]
Oil & Gas Credit Risk is Getting Worse
To download the May 2020 Oil & Gas Aggregate PDF, click here. . The energy sector remains in a precarious position. Even with a recent upward trend in prices, helped by an OPEC agreement to cut production, the underlying economy remains weak and many are traveling far less than they used to before the pandemic […]
Oil & Gas Credit Risk is Getting Worse
To download the April 2020 Oil & Gas Aggregate PDF, click here. . Companies in the oil & gas sector are currently facing a multitude of problems. A glut in supply and a major decrease in demand is pushing prices to notable lows. US prices as represented by the West Texas Intermediate have recently turned […]
