Navigating Financial Struggle in the Energy Industry
The Houston Business Journal recently discussed how Houston-based energy company, Yuma Energy, is looking to make the best financial changes needed to improve business. Changes include compliance updates and strategic working-capital alternatives, among other changes being decided upon.
Houston Energy Industry Strategic Efforts
Said the Houston Business Journal, “the company is working on strategic alternatives regarding its limited liquidity, debt-covenant compliance and working-capital needs.”
Yuma Energy is an independent exploration and production company. The Houston-based company focuses its efforts on southeastern Texas, central and southern Louisiana, and, more recently, Yoakum County, Texas.
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