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BORR - Top 5 Energy Stocks That Could Go Bankrupt in 2020
Borr Drilling Ltd
Turmoil in the oil and gas markets has already claimed some major victims in 2020. Bakken shale producer Whiting Petroleum, drilling rig operator Diamond Offshore, and Colorado fracker Extraction Oil & Gas have already filed for Chapter 11 bankruptcy. Coal miner Foresight Energy has, too, as the country continues its shift toward cleaner energy sources.
And the year's not even half over yet!
It's likely that we'll see more energy bankruptcies before 2020 is done. Here are the top five most likely companies to declare bankruptcy before we ring in 2021.