Analysts at Standard & Poor’s Ratings Service (S&P) are asking themselves the same question that many in the energy industry are: “Will natural gas production ever come down?
Ratings
Articles from Ratings
S&P Cuts Gas Price Assumption on Abundance
Standard & Poor’s Ratings Services (S&P) has revised its natural gas pricing assumptions downward for 2012 and 2013 and added its oil and natural gas price assumptions for 2014.
S&P Cuts Gas Price Assumption on Abundance
Standard & Poor’s Ratings Services (S&P) has revised its natural gas pricing assumptions downward for 2012 and 2013 and added its oil and natural gas price assumptions for 2014.
Industry Briefs
Two of Edison International’s Edison Mission Group (EMG) generation units had their ratings and outlook downgraded by Moody’s Investors Service, which cited the prospects for continuing cash flow problems exacerbated by “low energy and capacity prices.” EMG’s Edison Mission Energy (EME) and subsidiary Midwest Generation Co. were downgraded — for EME from “B3” to “Caa1” for its senior unsecured notes; from “B2” to “B3” for it corporate family rating; and the outlook was set at negative for both of EMG’s independent generators. “The downgrade recognizes the continuing multi-year challenge that EME faces in satisfying state and federal environmental requirements across its generation fleet,” Moody’s said.
Fitch: Low Prices to Burden Midstream
For 2011 it will be more of the same where low natural gas prices and the gas-crude oil price relationship are concerned, according to analysts at Fitch Ratings.
Fitch: Low Prices to Weigh on Midstream
For 2011 it will be more of the same where low natural gas prices and the gas-crude oil price relationship are concerned, according to analysts at Fitch Ratings.
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.
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.
NGPL Debt Ratings Cut to Junk After Settlement
Moody’s Investors Service last Thursday downgraded the senior unsecured debt ratings of NGPL PipeCo LLC, parent of Natural Gas Pipeline Co. of America (NGPL), to junk status (Ba1) from the lowest investment grade (Baa3) following FERC’s approval of a settlement of allegations that NGPL over-recovered its cost of service.
Debt Ratings of NGPL Parent Plunge to Junk After Settlement
Moody’s Investors Service Thursday downgraded the senior unsecured debt ratings of NGPL PipeCo LLC, parent of Natural Gas Pipeline Co. of America (NGPL), to junk status (Ba1) from the lowest investment grade (Baa3) following FERC’s approval of a settlement of allegations that NGPL over-recovered its cost of service.