Burlington Resources Inc., founded in 1972 and headquartered in Houston, Texas, is a prominent player in the natural gas and oil exploration and production sector. The company focuses on developing energy resources in North America, primarily leveraging advanced technologies to enhance resource recovery and operational efficiency.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| COP 6.88% 2026-02-15 USDBurlington Resources Inc. | United States | 2026-02-15 | 6.875 | 3.77 |
| COP 7.38% 2029-03-01 USDBurlington Resources Inc. | United States | 2029-03-01 | 7.375 | 4.03 |
| COP 8.20% 2025-03-15 USDBurlington Resources Inc. | United States | 2025-03-15 | 8.200 | 6.52 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Burlington Resources began issuing bonds in the early 1990s, establishing a strong presence in the debt markets over the years. Notable issuances include their 2004 $1 billion bond offering, which was utilized to finance strategic acquisitions and expansion efforts. As of October 2023, Burlington's bonds yield around 4.5%, slightly above the industry average, reflecting the company's robust credit profile and solid operational performance. Their bonds are known for callable features, allowing the company to redeem them under favorable conditions, providing investors with a layer of security amid fluctuating market dynamics.