Bankruptcies could be slowing dwn for E&Ps

摘要

The spate of bankruptcies for over-leveraged E&P companies could be reduced somewhat this year as some producers have restructured their debt and oil prices have rebounded. When oil prices plummeted to $30 per barrel from over $100 in 2014, oil companies faced headwinds and many of them were forced to file for bankruptcy starting in 2015.