Lucror Analytics

Lucror Analytics is a leading credit and ESG research specialist and a provider of technology solutions for differentiated fixed income strategies. Our roots are in bottom-up fundamental credit analysis with a specialization in high yield corporate credits from Europe, Asia and Latin America. We are one of few research specialists integrating ESG considerations with fundamental credit research through a dedicated ESG platform. Our ESG assessment covers five key criteria: Disclosure, E,S, & G Pillars, Controversies, ESG Impact on Credit and ESG Momentum.

Recognizing the importance and value-add of Factor Investing in fixed income, Lucror developed the Smart Quant Navigator (SQN), an intuitive platform that helps clients devise and implement factor-based strategies ranging from pure quant to active fundamental, with integrated ESG.

Our company has been at the forefront of developments in the fixed income markets, identifying opportunities and consistently delivering new products and value-adding solutions to clients. Lucror has close relationships with the largest and most reputable asset managers, family offices, hedge funds, investment and wealth managers globally.

High Yield Experts

Credit Analyst, Lucror Analytics

Chuanyi Zhou

Credit Analyst

Credit

COG's H1/21 results were in line with our expectations. The credit profile remained satisfactory, especially after taking into account the refinancing of the 2022 Notes in July. That said, the company's acquisition-based expansion may put some pressure on the credit metrics. The full-year operating environment will likely be favourable. Management expects up to 50% volume growth for FY 2021. In early July, COG issued USD 400 mn 4.7% Notes due 2026 and redeemed USD 350 mn 4.625% Notes due 2022. This was in line with management's guidance earlier this year for a reduction in financing cost and extension of the maturity profile.

  COG's H1/21 results were in line with our expectations. The credit profile remained satisfactory, especially after taking into account the refinancing of the 2022 Notes in July. That said, the company's acquisition-based expansion may put some pressure on the credit metrics.   The full-year operating environment will likely be favourable. Management expects up to 50% volume growth for FY 2021. In early July, COG issued USD 400 mn 4.7% Notes due 2026 and redeemed USD 350 mn 4.625% Notes due 2022. This was in line with management's guidance earlier this year for a reduction in financing cost and extension of the maturity profile. 

China Oil & Gas - Earnings Flash - H1 FY 2021 Results - Lucror Analytics

China Oil And Gas

China Oil & Gas - Earnings Flash - H1 FY 2021 Results - Lucror Analytics