19 Recent Energy Company Bankruptcy Filings Listing $13.1 Billion In Total Debt
EDIT
A total of 19 energy companies have filed for bankruptcy this year. These 19 new bankruptcies are not the only recent ones in the U.S. industry, though. There were a total of 51 bankruptcy filings from JanuaryMay in 2016, 12 in 2017, 18 in 2018, and 18 in 2019. In total, there are around 225 bankruptcy cases across the country in the energy sector that are still pending in federal bankruptcy courts as of May 31, 2020. Among the 19 newer ones are:
Gavilan Resources
Whiting Petroleum
Echo Energy Partners
Ultra Petroleum
Skylar Exploration
Diamond Offshore
Freedom Oil and Gas
Templar Energy
These 19 new filings reflect a debt of $13.1 billion. Thats just from these 19 new cases. Haynes and Boone reported that there have been 13 bankruptcies by oilfield services companies in 2020. These filings showed a total debt of $11.6 billion.
EDIT
https://cleantechnica.com/2020/08/05/covid-19-bankrupts-19-energy-oil-gas-companies/