The U.S. oil and natural gas sector has been struggling to deal with low energy prices, a problem that was exacerbated when COVID-19 shuttered economies around the world. We survey the landscape for bankruptcy risk.
Resources
Stay ahead of public company risk with our bankruptcy case studies, high risk reports, blogs and more.
Sentiment data, farmed from leading credit managers who subscribe to our service, is pointing to extreme bankruptcy risk in a growing list of leading oil and gas giants.
Burn, baby, burn. We spotlight some nameworthy players in the energy and retail sectors who have been burning through cash and racking up debt in order to outrun the economic downturn brought on by the COVID-19 pandemic.
If you work in the volatile oil and gas industry, not a single day should go by where you do not have a read on corporate credit risk. It could save your company millions in the long run.
Some big names filed for bankruptcy in 2017, and they all had a few key common indicators. Read our analysis and findings here.
Nearly 30 percent of Australia's public companies in our CreditRiskMonitor global directory are at a FRISK® score which indicates an elevated level of bankruptcy risk in 2018. Supply chain professionals must know that even in a strong Australian economy, risk exists in plenty of industries.
Public company bankruptcies were widespread in 2019, and they were particularly severe in the oil and gas industry. We predict that they will intensify in other cyclical industries going forward.
Chinese factory activity has contracted for six consecutive months as CreditRiskMonitor observes that there are more than 1,100 public companies showing signs of elevated financial risk across China and Taiwan.
In the wake of Russia's invasion of Ukraine nearly one year ago, we note how companies in 2023 must implement sound sourcing strategies that account for sanctions, country, and financial risk to mitigate future disruptions.