3 Energy Stocks That Could Go Bankrupt in 2020
Plunging crude oil prices earlier this year have created a financial tsunami that washed over the energy sector. That left a wave of destruction in its wake. Several companies had to file for bankruptcy, led by notable names like shale pioneer Chesapeake Energy and leading offshore driller Valaris.
Unfortunately, the energy sector's bankruptcy wave seems far from over. Several more could file before the year ends, including Transocean (NYSE: RIG), Oasis Petroleum (NYSE: OAS), and Nabors Industries (NYSE: NBR).
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Source Fool.com
