NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) releases a new research report, An Updated View of Energy Firm Creditworthiness: Fundamentally Weaker or Battle-Tested? The collapse in energy prices in 2014 and 2015 derailed firms that had aggressively leveraged to increase production based on overly optimistic commodity price assumptions. One rating agency dramatically re-rated the industry in 2016 based on an expectation that challenging conditions would persist in the industry, thu
