
Oil Drops, Energy Sector Bonds Follow
Posted on April 21, 2020
Oil futures for the month of May turned negative as Saudi Arabia and Russia failed to agree to production cuts. Other factors contributing to this crisis were lack of storage facilities and a continuous fall in demand due to the global pandemic. June and July futures were also down 40% and 25% respectively over the last two trading sessions. During this volatility, you can rely on AdvantageData to help answer important questions on all sectors including Energy. Below are a few examples of reports that can be created with the click of a button!
Top North American High Yield Energy Losers
Bond | Price Yesterday | Price 7 Days Ago | Amount Outstanding | Change | % Change |
Denbury Resources Inc. (USD) 5.5% 5/1/2022 | 0.875 | 3.875 | 58.426 | -3 | -77.42% |
Chesapeake Energy Corp. (USD) 6.125% 2/15/2021 | 3.375 | 13.5 | 166.35 | -10.125 | -75.00% |
Hornbeck Offshore Services Inc. (USD) 5.875% 4/1/2020 | 2.125 | 6.625 | 224.313 | -4.5 | -67.92% |
Anadarko Petroleum Corp. (USD) 6.45% 9/15/2036 | 26.125 | 68.25 | 15.806 | -42.125 | -61.72% |
Diamond Offshore Drilling Inc (USD) 3.45% 11/1/2023 | 13 | 29.5 | 250 | -16.5 | -55.93% |
Valaris PLC (USD) 5.85% 1/15/2044 | 11.875 | 19.625 | 400 | -7.75 | -39.49% |
ENSCO International Inc. (USD) 7.2% 11/15/2027 | 8.5 | 14 | 112.122 | -5.5 | -39.29% |
California Resources Corp. (USD) 6% 11/15/2024 | 1.625 | 2.625 | 144.027 | -1 | -38.10% |
Oasis Petroleum Inc. (USD) 6.875% 1/15/2023 | 9.25 | 13.625 | 318.784 | -4.375 | -32.11% |
Transocean Sedco Forex Incorporated (USD) 7.5% 4/15/2031 | 21.375 | 31.375 | 588 | -10 | -31.87% |
Top 10 Holders of Energy – Exploration and Production
Source: Advantage Data, Copyright © 2020, All rights reserved.
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