Distressed U.S. Oil & Gas Assets: Investor Opportunity or Disaster?

The video discusses the ongoing bankruptcy cycle in the oil and gas industry, highlighting the significant debt involved since 2015. Despite initial predictions, the cycle is not yet over, with expectations of further debt at risk. The discussion covers the structure of debt in bankruptcies, emphasizing the impact on senior secured lenders, junior debt, and equity. Predictions for future debt volumes and recovery prospects are also explored.

What significant prediction did Charlie Hermiston make regarding the bankruptcy cycle in the oil and gas industry?

According to the text, how much debt has been involved in bankruptcies since the beginning of 2015?

What are the expectations for the total volume of bankruptcy debt by the end of the year?

What layers of debt are mentioned in relation to bankruptcy for EMP companies?

What does Charlie Hermiston compare the bankruptcy recovery process to?