Here Are America’s Most Levered Energy Companies

Instead of beating an already dead horse so it looks like the Japanese (and soon, European) economy, and commenting even more on what the oil price collapse will mean for America’s energy producers (and Investment as a component of GDP) we decided to bypass the foreplay and proceed straight to showing the 70 or so most levered publicly traded US companies, with exposure to not just crude but all aspects of energy, that have a leverage (Debt/EBITDA) over 4x, as well as LTM EBITDA and CapEx both more than $20 million.
So, without further ado, here is the list of companies which America’s bankruptcy advisors are already circling over. Note the preponderance of LPs – what the taxman giveth, OPEC taketh away?

This post was published at Zero Hedge on 12/10/2014.