AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

KBRA Releases – What Bond Spreads Are Saying About Energy M&A

December 3, 2019 GMT

NEW YORK--(BUSINESS WIRE)--Dec 3, 2019--

KBRA believes that differentiation in the energy industry in terms of operational and financial risk management has increased. Some companies are becoming more disciplined in response to the industry’s challenging headwinds, while other energy companies have remained static. Mergers and acquisitions (M&A) activity in the sector is providing a useful litmus test into this dynamic. In this report, KBRA covers recent notable corporate M&A including Exploration & Production (E&P) transactions across the Permian, Denver-Julesburg (DJ), and Haynesville basins, as well as midstream and oil service mergers. KBRA will also discuss how acquirer and target company debt performed following the transactions and highlight some recent private acquisitions of public operators.

Key Takeaways

To read the report, click here.

Related Publications: (available at www.kbra.com )

CONNECT
WITH KBRA

Twitter
LinkedIn
YouTube

About KBRA and KBRA Europe

KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191203005685/en/

CONTACT: Analytical Contacts:

Corinne Hill, CFA, Senior Director

(646) 731-3331

chill@kbra.com

Adam Gracely, Senior Analyst

(646) 731-3329

agracely@kbra.com

Van Hesser, Senior Managing Director

(646) 731-2305

vhesser@kbra.com

Business Development Contact:

Dave DeMilt, Managing Director

(646) 731-3335

ddemilt@kbra.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: FINANCE BANKING ENERGY PROFESSIONAL SERVICES OTHER ENERGY

SOURCE: KBRA

Copyright Business Wire 2019.

PUB: 12/03/2019 09:45 AM/DISC: 12/03/2019 09:45 AM

http://www.businesswire.com/news/home/20191203005685/en