Behind the Money

Shale's looming credit crunch

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)<a href="https://www.ft.com/content/76c15898-52a2-11ea-90ad-25e377c0ee1f" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/76c15898-52a2-11ea-90ad-25e377c0ee1f</a> US energy sector, shunned by investors, has ‘Pearl Harbor’ moment (paywall)<a href="https://www.ft.com/content/254bf634-5677-11ea-abe5-8e03987b7b20" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/254bf634-5677-11ea-abe5-8e03987b7b20</a> Chesapeake Energy raises doubt over its ability to survive (paywall)<a href="https://www.ft.com/content/46ffa4fc-ffe6-11e9-be59-e49b2a136b8d" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/46ffa4fc-ffe6-11e9-be59-e49b2a136b8d</a> The US shale revolution (paywall)<a href="https://www.ft.com/content/2ded7416-e930-11e4-a71a-00144feab7de" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/2ded7416-e930-11e4-a71a-00144feab7de</a> The clip of Aubrey McClendon is credited to the Switch Energy Alliance. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.

From hostile takeovers to C-suite intrigue, Behind the Money takes you inside the business and financial stories of the moment with reporting from Financial Times journalists around the world. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.