135 oil companies are on edge of bankruptcy. So why is that good news?

Monday September 12, 2016

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Linn Energy filed for bankruptcy on May 11. It reported $9.3 billion in debt at the end of 2015.

See the other energy companies who have fallen victim to the oil crash in 2016.
Linn Energy filed for bankruptcy on May 11. It reported $9.3 billion in debt at the end of 2015.

See the other energy companies who have fallen victim to the oil crash in 2016.
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D.J. Simmons Inc. filed for bankruptcy March 1. It had $10.9 million in debt.
D.J. Simmons Inc. filed for bankruptcy March 1. It had $10.9 million in debt.
Photo: SERGEI SUPINSKY / AFP/Getty Images
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RMR Operating LLC filed for bankruptcy March 8. It had $3.5...
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