Shale's looming credit crunch
Listen now
Description
More than 10 years on from the early days of the US shale boom, bankruptcy risks are rising across the sector. The FT's US energy editor, Derek Brower, reports on what weak oil prices and tightening access to credit are doing to the outlook for some producers.  Further reading: Bankruptcy risks rise for US shale (paywall) https://www.ft.com/content/76c15898-52a2-11ea-90ad-25e377c0ee1f US energy sector, shunned by investors, has ‘Pearl Harbor’ moment (paywall) https://www.ft.com/content/254bf634-5677-11ea-abe5-8e03987b7b20 Chesapeake Energy raises doubt over its ability to survive (paywall) https://www.ft.com/content/46ffa4fc-ffe6-11e9-be59-e49b2a136b8d The US shale revolution (paywall) https://www.ft.com/content/2ded7416-e930-11e4-a71a-00144feab7de For information regarding your data privacy, visit acast.com/privacy
More Episodes
When a company is sold there tends to be a standard playbook: There’s some tough negotiations. Then, the buyer gets a business and the seller gets a check. Everyone’s happy. That’s not what happened when a private equity firm recently bought a California grocery store chain. The FT’s Wall Street...
Published 04/24/24
Published 04/24/24
A few years ago, four men went on a hunting trip to Wyoming. That trip would end up changing their lives — and possibly, the future of the public’s access to millions of acres of land in America's western states. The FT’s Oliver Roeder expands on the saga that’s played out since 2021 inside...
Published 04/17/24