Crowdsourcing finds that hundreds of oil & gas companies continue to deal with financial distress in spite of the stabilization of energy commodity prices.
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![Oil rig](/sites/default/files/styles/featured_image/public/2020-01/blog-oil-rig.jpg.webp?itok=2BMcno5l)
![Dean food](/sites/default/files/styles/featured_image/public/2020-01/blog-dean-food.jpg.webp?itok=22yl-BeU)
It’s rare to see a consumer staple food processing company falling into financial distress, but CreditRiskMonitor’s FRISK® score on the Dean Foods Company has been signaling elevated risk to our subscribers for more than a year.
![People in a meeting](/sites/default/files/styles/featured_image/public/2020-01/blog-meeting.jpg.webp?itok=xhG1FZWq)
Knowledge of how and when to react to a business defaulting is essential; cutting ties with a customer or supplier too soon could lead to a missed sales opportunity, while being too late can result in financial loss.
![When the FRISK® score becomes your go-to metric for financial risk analysis, incredibly accurate (read: good) adjustments follow.](/sites/default/files/styles/featured_image/public/2020-01/Champion_2.jpg.webp?itok=saj8tY61)
When the FRISK® score becomes your go-to metric for financial risk analysis, incredibly accurate (read: good) adjustments follow.
![Evaluation on a laptop](/sites/default/files/styles/featured_image/public/2020-01/evaluation-laptop.jpg.webp?itok=cFBL2Kwy)
Public and private companies need to be proactively evaluated in distinct, different ways by risk management professionals - fortunately, with the FRISK® score and PAYCE® score, CreditRiskMonitor has world-class solutions for both subportfolios.
![Kodak](/sites/default/files/styles/featured_image/public/2020-01/blog-kodak.jpg.webp?itok=1Ieg4cFh)
Don’t let a small hot streak on the stock market fool you – Kodak’s financial security remains very much in question and provides a picture-perfect example of bankruptcy risk.
![If you work in the volatile oil and gas industry, not a single day should go by where you do not have a read on corporate credit risk. It could save your company millions in the long run.](/sites/default/files/styles/featured_image/public/2020-01/MYR_2121_1414_2.png.webp?itok=-hscK5ag)
If you work in the volatile oil and gas industry, not a single day should go by where you do not have a read on corporate credit risk. It could save your company millions in the long run.
![Companies have been ramping up efforts in nearshoring their purchased goods from Mexico and Canada, while keeping other regions steady. This trend indicates supply chains are focused on dual sourcing and seeking alternative suppliers. Companies have been ramping up efforts in nearshoring their purchased goods from Mexico and Canada, while keeping other regions steady. This trend indicates supply chains are focused on dual sourcing and seeking alternative suppliers.](/sites/default/files/styles/featured_image/public/2022-05/mexcan_2121_1414.png.webp?itok=pBn2RHfv)
Companies have been ramping up efforts in nearshoring their purchased goods from Mexico and Canada while keeping other regions steady. This trend indicates supply chains are focused on dual sourcing and seeking alternative suppliers.
![Men shaking hands](/sites/default/files/styles/featured_image/public/2020-01/blog-men-shaking-hands.jpg.webp?itok=8JZYHk8P)
Credit professionals use CreditRiskMonitor®’s Trade Contributor Program to gain quality, real-time insights into their accounts receivable portfolio. We collect in excess of $2 trillion in trade data annually from our trade providers. After processing this data, we work with credit professionals to be more proactive and tactical with their accounts receivable to make healthier business decisions.