E&P Hedging Alternatives During the Bankruptcy & Restructuring Process
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It is estimated that roughly 300 upstream energy companies will file for bankruptcy in 2016, and many management teams are curious about hedging alternatives during the restructuring and bankruptcy process, write Ryan Bouley & Shane Randolph, Managing Directors at Opportune LLP.
“There are various alternatives management teams can take with their hedging programs, ranging from full liquidation to actually increasing hedge coverage,” they write.
In an article posted on Opportune’s website, they discuss the purpose of an effective risk management program, what typically happens to hedges during the bankruptcy process, and the hedging alternatives for a distressed company.
