Please join us for a presentation and discussion regarding defaults in the energy sector. James H. Gellert will present commonalities among energy companies that have failed since the beginning of 2015, and explain how these defaults did not happen overnight. Mr. Gellert will show attendees what factors were identifiable and the areas within the companies' financials that gave the most early warning. Mr. Gellert will present elements from a financial health perspective, as well as the capital market's perspective.
In this webinar, Gellert will:
Review the top 5 industry groups, sorted by percent of defaults
Discuss the profiles of failed vs. successful companies in the industry over the past 12-18 months
Discuss the volatility in energy bonds, principally in the U.S. High Yield bond market, and how the Fed's rate guidance is impacting energy markets
Present Rapid Rating's 2016 Outlook for the Energy Sector"