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Chesapeake to Shed Fayetteville, Other Assets

Chesapeake Energy Corp. said Monday it plans to sell all of its Fayetteville Shale assets, as well as its equity investments in Frac Tech Holdings LLC and privately held Chaparral Energy Inc. Pre-tax proceeds could exceed $5 billion, the Oklahoma City-based company said.

February 8, 2011

Noble’s Outlook Cut on GOM Uncertainty

Standard & Poor’s Ratings Services (S&P) lowered its outlook on Noble Corp. to “negative” from “stable” and affirmed its “A-” long-term corporate credit rating on the drilling company. The ratings agency expressed concern for weakening credit metrics due to delays in permitting wells in the U.S. Gulf of Mexico (GOM).

December 29, 2010

Shale Gas to Hinder Nuclear Buildout, Says S&P

Low natural gas prices could stifle the long-awaited nuclear renaissance, according to analysts at Standard & Poor’s Ratings Service (S&P). Without federal loan guarantees, merchant nuclear new builds will be abandoned, they said in a recent report.

August 30, 2010

Shale Gas to Hinder Nuclear Buildout, Says S&P

Low natural gas prices could stifle the long-awaited nuclear renaissance, according to analysts at Standard & Poor’s Ratings Service (S&P). Without federal loan guarantees, merchant nuclear new builds will be abandoned, they said in a new report.

August 18, 2010

Another Energy Analyst Trims Gas Price Forecast

Tradition Energy on Wednesday blamed “the poor prospect of economic growth in the second half of the year” in revising its natural gas price forecast for 2010 down to $4.85/Mcf from $5.25.

August 12, 2010

Ratings Outlook for NGPL Downgraded in Wake of FERC Probe

Standard & Poor’s Ratings Services (S&P) last Monday said it has revised its outlook for Natural Gas Pipeline Co. of America (NGPL) to “negative” from “stable” in the wake of FERC’s initiation of a Section 5 investigation to determine whether the pipeline may be overrecovering its costs, making rates to customers no longer just and reasonable.

December 7, 2009

S&P: Sees ‘Perils, Opportunities’ in Midstream

The midstream energy sector is a different and potentially darker place than it was in 2007 and early 2008, according to Standard & Poor’s Ratings Services (S&P). Although the credit market turmoil that began with the demise of Lehman Brothers in September 2008 has moderated, S&P said it believes the effects of the credit crisis will continue to define the risks and opportunities for the midstream sector next year.

October 19, 2009

S&P: Credit Crisis Effects to Linger in Midstream

The midstream energy sector is a different and potentially darker place than it was in 2007 and early 2008, according to Standard & Poor’s Ratings Services (S&P). Although the credit market turmoil that began with the demise of Lehman Brothers in September 2008 has moderated, S&P said it believes the effects of the credit crisis will continue to define the risks and opportunities for the midstream sector next year.

October 14, 2009

S&P Gives ‘A’ to Qatar LNG Expansion

U.S. receipt terminal operators may be buoyed by the Standard & Poor’s Ratings Services (S&P) announcement last Monday that it was giving an “A” credit rating to the expansion of liquefied natural gas (LNG) liquefaction facilities in Qatar, which could become an increasingly important supplier to the United States. S&P placed a “stable” outlook on the Qatari government and ExxonMobil joint venture developing LNG processing infrastructure, Ras Laffan LNG Co.

October 5, 2009

S&P Likes Qatar LNG Production Expansion

U.S. receipt terminal operators may be buoyed by the Standard & Poor’s Ratings Services (S&P) announcement Monday that it was giving an “A” credit rating to the expansion of liquefied natural gas (LNG) liquefaction facilities in Qatar, which could become an increasingly important supplier to the United States. S&P placed a “stable” outlook on the Qatari government and ExxonMobil joint venture developing LNG processing infrastructure, Ras Laffan LNG Co.

October 1, 2009