Moody’s Investors Service on Wednesday changed its rating outlook for Houston’s EOG Resources Inc. to “negative” from “stable” because of the producer’s plans to aggressively transform itself from a natural gas-weighted producer to one more weighted to natural gas liquids (NGL) and oil.
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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.
Ratings Outlook for NGPL Downgraded in Wake of FERC Probe
Standard & Poor’s Ratings Services Monday said it has revised its outlook for Natural Gas Pipeline Co. of America (NGPL) to “negative” from “stable” in the wake of the Federal Energy Regulatory Commission’s (FERC) 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.
El Paso’s Credit Ratings Affirmed by Fitch
Fitch Ratings on Friday gave a thumbs-up to the credit ratings for El Paso Corp. (EP) and its core pipeline and exploration and production (E&P) subsidiaries, and said the outlook is “stable.”
Fitch Affirms El Paso’s Credit Ratings
Fitch Ratings on Friday gave a thumbs-up to the credit ratings for El Paso Corp. (EP) and its core pipeline and exploration and production (E&P) subsidiaries and said the outlook is “stable.”
Fitch: Commodity Prices Cloud DCP Midstream Outlook
Fitch Ratings cut its outlook to “negative” from “stable” on DCP Midstream LLC (DCPM) on concerns over low commodity prices and their impact on the company’s cash flow, the ratings agency said Tuesday.
TransCanada, Alberta Customers Reach Two-Year Settlement
Another two years of stable rates are in store for a mainstay of Canadian natural gas transportation after TransCanada Corp.’s Alberta pipeline grid reached a revenue requirement settlement with shippers.
TransCanada, Alberta Customers Reach Two-Year Settlement
Another two years of stable rates are in store for a mainstay of Canadian natural gas transportation after TransCanada Corp.’s Alberta pipeline grid reached a revenue requirement settlement with shippers.
Transportation Notes
Columbia Gas said Tuesday that until further notice there is zero nonfirm receipt capacity for gas entering lines BM-39 in Martin County, KY; BM-19 in Lawrence County, KY, and Wayne County, WV; and PM-117 in Martin County, KY, and any pipelines feeding into these lines. This is for the purpose of making capacity available for firm services, Columbia said. See the bulletin board for a list of affected meters.
Wholesale Market Will Remain Stable This Winter, NGSA Says
The Natural Gas Supply Association (NGSA) expects a relatively stable market this winter, thanks to forecasts of slightly warmer-than-normal temperatures, a flat economy and moderate growth in both natural gas demand and supply.