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#368 - Roe Patterson - Co-Founder @ Marauder Capital / Frmr CEO @ Basic Energy Services - Building & Investing in Oilfield Service Companies

The Fort

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Navigating the Oilfield Crisis

This chapter explores the tumultuous period in the oilfield industry from 2014 to 2016, marked by OPEC's pricing strategies and market downturns. It discusses the challenges of managing distressed companies, the need for effective communication with bondholders, and the importance of operational efficiency amidst financial strains. The speaker reflects on their experiences in turning around businesses through strategic management and highlighting long-term investment potential despite market volatility.

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