SandRidge Energy Inc. Becomes Latest Victim Of Oil Price Crash As Energy Sector Bankruptcies Pile Up
Energy company shares are rising this week as oil prices tick upward, but many companies are still feeling the pain of the industry’s nearly two-year downturn.
SandRidge Energy Inc., an early leader in the U.S. hydraulic fracturing boom, this week became the fifth energy company in five days to file for bankruptcy protection.