If you don’t want to talk about the price of oil…

  Over the last few months, articles and conversations have been centered around layoffs, distress, consolidation and bankruptcy. Not all companies are rampant with tales of woes, however. While rig counts have continued to decline and prices are teasing us with ups and downs, some companies are executing different strategies like pursuing new leases. If you want to break up the monotony take a look at these five companies that have the most recorded leasing activity in the  U.S. in the last 30 days. The hot leasing plays are common knowledge thanks to the abundance of industry gossip. Keeping up with where the hottest prospects are located is similar to picking your pony for the Derby after one too many Moscow Mules (don’t steal the copper mug). We wanted to eliminate the...
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Early warning signs of asset distress and impending bankruptcies

In the energy industry, there are a number of events that evoke a certain fear across the industry. A huge drop in commodity prices, detrimental regulatory decisions, and geopolitical events around the world are just a few that we’ve been facing in the last year. The next prevalent issue that operators and vendors are facing is widespread asset divestitures and bankruptcy due to lack of financing, inability to produce in the current price environment, or breach of contracts by vendors and partners. Often in this very social industry word of mouth is the fastest way to find out about these type of potentially devastating outcomes for our neighbors and friends. But for those that have an eye on public data, often the warning signs of asset distress or an impending bankruptcy are visible...
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Seeing the Positive Side of Distressed Investments

If oil prices linger where they are now, many E&P companies will be making cutbacks in the near future. Recently, a number of E&P companies filed 10-K reports that raise questions as to how much longer they will be operating. Some companies have a hedge set up in place for these exact moments, but most of those are only set to last through the end of 2015. The shale revolution requires new investment constantly in order for oil and gas companies to sustain profits and increase development. So without the drilling of new wells, earnings will continue to head south. While many companies and independent entities are starting to sweat in the spiraling downfall of oil and gas prices, it’s times like this that companies need to understand all of their opportunities and...
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