Bankruptcy Bust: How Zombie Companies Are Killing the Oil Rally - Wa...
10/23/16
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Bankruptcy Bust: How Zombie Companies Are Killing the Oil Rally
Wall Street Journal
It turns out that while bankruptcy filings are up, they have barely impacted fossil-fuel markets. About 70 U.S. oil and gas companies filed for bankruptcy in 2015 and 2016. They now produce the equivalent of about 1 million barrels a day, about the ...
and more »
[more]
Wall Street Journal
It turns out that while bankruptcy filings are up, they have barely impacted fossil-fuel markets. About 70 U.S. oil and gas companies filed for bankruptcy in 2015 and 2016. They now produce the equivalent of about 1 million barrels a day, about the ...
and more »