Debt finance and performance of oil and gas companies in Nigeria

Abstract

ABSTRACT This research investide! the performance of oil and gas companies in:N amployed a random effect moselaor data anaiss! o022.Findings from the study revealed tha positive (46.59709) and significantNP≈ is positive (46.20144) and significant [a = positive (46.46033) and significant(p = 0 is positive (0.037005) and signijicant (p - 0.0 isi a small percentage of short- term debt and a larger pe. beto run the operations of oil and gas companies in Nigeria one ci pertormiance. The study recommended that the management of oll and gas fians int Nigeria should focus more on usinglong- term debt than short-term debt to improve their firms' performance.