Business Insider4y
Oil bankruptcies could double by the end of the year, a new analysis warns. Here are the 15 companies most at risk of defaulting on their debt.
the consulting firm Rystad Energy said as many as 29 additional American oil exploration and production companies could file for Chapter 11 this year if US crude stalls at $40 a barrel.
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Bank of America says the model that 'broke' US oil companies is over — and handpicks 7 energy stocks set to soar as the industry finds new footing
Investors have overlooked the longterm impacts of an oil market meltdown, it said, which is causing US companies to abandon "growth as a strategy" and marks the end of a business model "that broke ...