Like many of the other filings in recent weeks, Rosehill was one of about 20 names on the Infill Thinking bankruptcy watchlist published in May 2020. Here’s a few things we learned in their filing… There’s a lot more to this story… Login to see the full update… To read …
Read More »Not So Fast My Friend… Resistance To A Sand Producer’s Plan To Walk Away From Thousands Of Cars
A noteworthy point of contention in a big frac sand bankruptcy came to our attention this week… There’s a lot more to this story… Login to see the full update… To read this update and receive our research newsletters, you must be a member. If you are new to Infill …
Read More »A Plan For Stranded Sand… Plus Some Eye Opening Frac Sand Financials
With multiple large scale frac sand producers in the relatively early stages of CH 11 bankruptcy proceedings, we spent Thursday morning combing through court records for new market datapoints. The search was fruitful… There’s a lot more to this story… Login to see the full update… To read this update …
Read More »A Career First For Us ALL… Plus, Three More Bankruptcy Bullet Points
Back on March 9, 2020, we wrote in the last sentence of this update: There comes a point in every oilfield cycle where things get Darwinian, and in this downcycle, that time is now. We own our mistakes, and the above point missed the mark on two fronts: i) early timing, …
Read More »More Frac Sand Bankruptcy Drama Brewing?
Hot on the heels of an aggressive move by trade partners in another frac sand bankruptcy case, a similar movement could be brewing in the largest bankruptcy process going in this sector… There’s a lot more to this story… Login to see the full update… To read this update and …
Read More »Drama In A Big Frac Sand Bankruptcy Case, As Unsecured Creditors Demand Liquidation – Hearing Set For August
There are some interesting new developments in a big frac sand bankruptcy proceedings worth noting as other companies fall into Ch. 11 proceedings… There’s a lot more to this story… Login to see the full update… To read this update and receive our research newsletters, you must be a member. …
Read More »Hi-Crush Commences Chapter 11 Proceedings After Striking Productive Deals With Lenders & Lessors
Long awaited news materializes just before the deadline… There’s a lot more to this story… Login to see the full update… To read this update and receive our research newsletters, you must be a member. If you are new to Infill Thinking, or your membership has expired, please email us …
Read More »Frac Sand’s Biggest Name From The Northern White Era Files Chapter 11 And Abandons Thousands Of Rail Cars
This is a firm we’ve flagged as a potential restructuring candidate in several recent posts (most prominently in a newsletter last week when we wrote “all eyes turn to Covia to see if they announce restructuring”). Today, we provide analysis of the news… There’s a lot more to this story… …
Read More »This Oil Price Drop Has Triggered A Nearly Simultaneous Restructuring Response
With oilfield bankruptcy and restructuring news heating up into 2H20, the industry has fallen into low-cycle restructuring mode much more expediently than in prior cycles. We take a look at some interesting correleations and discuss what it might mean going forward in this chart of the day update… There’s a …
Read More »Bankruptcy Claims A 14th Major Casualty In Frac Sand… The Biggest Name So Far
Several weeks ago and again on Tuesday, we highlighted a group of oilfield firms that had yet to report 1Q20 earnings. We warned towards the end of the post that some might announce restructuring along with earnings. On Thursday, several of them did just that. One of them is the …
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