Daily News: January 27, 2015

AccuVal-LiquiTec Addresses Oil/Gas Industry Concerns

AccuVal-LiquiTec has issued a new report explaining how plummeting oil prices will affect asset collateral values.

Focusing especially on machinery and inventory, the special report details:

  • The oil industry’s current state and future projections.
  • What it really means to “break even” in oil.
  • Outlooks for heavy construction and specialized equipment.
  • Forecasts for oil country tubular goods (OCTG) and oilfield supplies.
  • Why now is a great time to be in asset-based lending.

Rick Schmitt, president and CEO of AccuVal-LiquiTec and a co-author of the report, says: “It’s a dynamic time in the oil and gas industry right now. Asset-based lenders equipped with solid analyses and grounded advice will be well-positioned to grow during this turbulent time. Our goal is to help answer those questions about where the real risks and opportunities lie.”

To read the full report, click here.