34 days ago • Posted by William Ramstein

Oil and gas companies raised a meager $1.80B vs $11.59B same time last year.

As of April, oil and gas exploration and production companies have raised $17.80 billion, more than doubling from the $8.99 billion recorded by the same prior-year month. Year-to-date, oil and gas storage and transportation companies have pulled in $11.47 billion, down from the $21.02 billion in the same year-ago period. Oil and gas refining and marketing companies have raked in $5.79 billion, while integrated oil and gas companies brought in $750 million.

Source: spglobal