CreditRiskMonitor’s proprietary FRISK® score has Texas oil and gas company Jones Energy, Inc. (NYSE: JONE) at a "1," the highest probability of bankruptcy in the next 12 months.
They paid their bills on time right up until the day they filed for Chapter 11 bankruptcy protection. If you're in oil & gas, spotting risk within Sanchez Energy Corporation would have required deeper drilling.
Sanchez Energy Corporation has struggled to generate meaningful returns on its assets, and with a total debt-to-assets ratio currently affording creditors little degree of protection from loss, it's time to look at this company with great scrutiny.
Anchored off the United States' Gulf Coast Basin, PetroQuest Energy, Inc. could not further weather steep drops in sales and working capital, which in large part led to their bankruptcy.
Houston-based Blue Dolphin Energy has defaulted on its debt obligations and is having difficulty paying its suppliers. The company also disclosed going concern opinion and carries the material risk of filing bankruptcy.
With an enduring COVID-19 pandemic both weakening crude oil prices globally and sinking their revenue, Basic Energy Services, Inc. has opted for bankruptcy protection for the second time in five years.
We have a problem: Houston-based oilfield services company Nine Energy Service, Inc. recently completed a distress exchange and faces headwinds from constrained capital spending among upstream operators.
San Antonio-based Pioneer Energy Services Corporation's swelling debt and decline in working capital present heightened bankruptcy risk.
A dark and dirty descent into bankruptcy was the story of Cloud Peak Energy Inc., as America's coal industry continues to hover in a volatile space.