In a Downturn, Size Matters for North American E&Ps; Smaller Companies More Likely to be Distressed as Hedging Protections Don’t Extend Far Enough to Buoy Balance Sheets Beyond 2015, IHS Says

As crude oil prices continue their instability and North American natural gas prices remain weak, analysis of both the balance sheets and commodity price hedging protections in place for North American exploration and production (E&P) companies showed that, in a downturn, company size matters. Most of the 44 companies studied in this group have minimal hedging protection against low commodity prices beyond 2015, according to analysis from information and insight provider IHS (NYSE: IHS).

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