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Oilfield Service Companies Cut Jobs, Brace for Bankruptcies

2020-04-07 23:30:00| OGI

Eight oilfield service providers, with a total of $10.9 billion in debt, have filed for bankruptcy this year, including three since prices fell to $20 a barrel in early March.

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Post-Meltdown: Expect Surge Of Shale Bankruptcies, Experts Say

2020-03-10 16:26:13| OGI

A wounded oil and gas industry enjoys better numbers the day after prices plummeted, but steep debt will likely bring about a wave of M&A, bankruptcies and litigation.

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Report: US, Canadian Oil Bankruptcies Surge 50% In 2019

2020-01-27 11:10:00| OGI

The increase in oil and gas bankruptcies seems likely to continue, said Buddy Clark, partner at Haynes and Boone.

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Will Retailer Bankruptcies Have a Negative Impact on Warehouse Sector?

2019-12-11 15:57:00| National Real Estate Investor

As retailers file for bankruptcy, they also move out of warehouses and distribution facilities.

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Analyst: Bankruptcies Are Not Epidemic

2019-09-27 12:08:00| OGI

The U.S. shale industry has undergone a tortuous time of restructuring since the commodity price downturn that began in late 2014. A number of players have gone under, while the sector as a whole has had to severely alter the financial strategies that have long characterized the business, particularly the tendency to outspend cash flow.

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