In the 2009-2014 shale boom, natural gas companies and MLPs had too much debt despite producing at high volumes, causing bankruptcies and industry consolidation; today's producers are better positioned because they have deleveraged and maintained financial discipline.
factualpending
Speaker
Ted OakleyEvidence Quote
“what happened back then was uh if you look at those companies and a lot of the industry including the MLP business by the way in the first you know first decade of the big 20 2000 2010 or 12. uh you know they had too much debt and that really that caused a shake-up in the industry not only the producers but for the pipelines because they had some companies would you know didn't make it because of that and that's what happened now there are a few companies that still have quite a bit of debt but generally they've been able to manage that pretty well”
Created: 8/10/2026, 11:14:48 PM
My Notes
Loading notes...