Energy Recap: Your Thoughts On The Increase In Oil And Gas Bankruptcies

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By SA Editor Michelle Carini :

Welcome to the latest edition of the Energy Recap. This week, we wanted to highlight an interesting Reuters article that discusses "struggling U.S. oilfield service providers ... turning to Chapter 11 creditor protection to shed debt and raise cash so they can spend and invest again."

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We're curious about your thoughts on the idea of these companies using bankruptcy to regain a competitive advantage - do you think this is a feasible option? Or will this strategy be more of a negative than a positive in the long run? Please let us know what you think in the comments section below.

Energy Articles of Note

" False Profits: A Prodigal Value Investor Returns From The Oil Patch " By David Addison

" December Might Be The Best Month For Natural Gas This Winter " By Robert Boslego

" Is Ocean Rig Hiding Something From Investors? " By Vladimir Zernov

Energy Sector Bankruptcies for the Week Ended December 9, 2016

Here's a list of the most recent bankruptcy announcements in the energy sector:

- None.

Feel free to add any that we might have missed in the comments section below.

U.S. Oil Rig Count

As per Baker Hughes ( BHI ), the number of active U.S. oil drilling rigs rose again this week.

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Weekly Natural Gas Storage Report and Summary

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Natural Gas Rig Count

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Oil Production

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As always, we encourage you to submit your own article by clicking here , if you haven't already done so.

See also Backtesting 101, Part 4: Frictional Costs, To Hedge Or Not To Hedge, And Benchmarks on seekingalpha.com

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Stocks
Referenced Symbols: USO , UNG , OIL ,

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