September Credit Consensus Indicators (CCIs) – UK, EU and US Oil & Gas
Credit Benchmark have released the September 2022 Credit Consensus Indicators (CCIs). This month US Oil & Gas firms end their streak of 17 consecutive months of positive credit quality. UK Oil & Gas firms return to positive territory once again and EU Oil & Gas CCI score sits neutral.
August Credit Consensus Indicators (CCIs) – UK, EU and US Oil & Gas
Credit Benchmark have released the August 2022 Credit Consensus Indicators (CCIs). UK Oil & Gas firms recent run of improvements ends after 6 months. EU Oil & Gas firms have experienced some instability in their collective credit quality this year, however, their CCI score has been above 50 for 3 consecutive months now. US Oil & Gas firms have gone from strength to strength, boasting CCI scores above 50 for 17 consecutive months.
July Credit Consensus Indicators (CCIs) – UK, EU and US Oil & Gas
Credit Benchmark have released the July 2022 Credit Consensus Indicators (CCIs). UK and US Oil & Gas firms continue their streaks of consistently positive CCI scores, with 7 months and 17 months of net credit improvement respectively. EU Oil & Gas firms have travelled a bumpier road, with alternating positive and negative scores this year, ending on a neutral credit quality position in the most recent update.
Oil & Gas Credit Risk is Rising for US, UK
Default Risk for US Firms Up More Than 7% in Last Year US Oil & Gas The credit situation for large US oil & gas firms keeps getting worse. Credit quality for this sector has declined by 1% on a month-over-month basis and 7.4% on a year-over-year basis. The majority of this deterioration has happened […]
Oil & Gas Credit Risk is Rising for US, More Moderate for UK, EU
Default Risk for US Firms Up Almost 6% in Last Year US Oil & Gas Overall credit quality for US oil & gas firms continues to deteriorate. Credit quality for the sector declined by 1.0% on a month-over-month basis and 5.8% on a year-over-year basis. The average probability of default for US oil & gas […]
Energy Sector Credit Quality Deteriorates in US, UK and EU
EU and UK Oil and Gas Firms Show Slight Reduction in Credit Risk US Oil & Gas US oil and gas firms have seen their credit quality decline 3.8% since December 2018. On a month-over-month basis, credit quality for US oil and gas firms is down 1.3%. Currently, the average probability of default for US […]