Standard & Poor’s Ratings Services (S&P) on Friday revised its outlook for Chesapeake Energy Corp. to “stable” from “negative,” citing new CEO Doug Lawler as part of the reason. The former Anadarko Petroleum Corp. executive took over in June (see Shale Daily, May 21).
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Articles from Standard
Chesapeake Gets Ratings Boost from S&P
Standard & Poor’s Ratings Services (S&P) on Friday revised its outlook for Chesapeake Energy Corp. to “stable” from “negative,” citing the new CEO as part of the reason. Former Anadarko Petroleum Corp. executive Doug Lawler took over in June (see NGI, May 27).
July 29, 2013
Forest’s Texas Three-Step Leans Toward Eagle Ford
Forest Oil Corp. continues to step up its activity in the Eagle Ford Shale of South Texas with the aid of a recently struck joint venture while it expands activity in the Texas Panhandle. East Texas results remain consistent and predictable, and the company is developing a new oil project in the area, said CEO Patrick R. McDonald.
May 9, 2013
ExxonMobil Still Global Energy’s Heavyweight Champ
ExxonMobil Corp. continues to reign supreme as the world’s top energy enterprise and has regained its title as the largest domestic publicly traded entity.
January 29, 2013
S&P: Deep Pockets Affirmed for Sabine LNG Export Plan
Standard & Poor’s Ratings Services (S&P) on Tuesday gave the Sabine Pass facility to export liquefied natural gas (LNG) a strong credit rating and stable outlook, citing its ties to investment-grade companies.
August 30, 2012
S&P Gloomy on 2012 NGL Prices
Standard & Poor’s Ratings Services (S&P) has revised its natural gas liquids (NGL) pricing assumptions for 2012, 2013 and 2014.
June 12, 2012
S&P Expects No Big Gas Price Gain After 2013
A Standard & Poor’s Ratings Services (S&P) analyst on Friday said low natural gas prices have negatively affected gas-weighted operators but those able to pivot to liquids should be able to stumble through 2013, when prices are expected to slightly strengthen.
June 4, 2012
FTS International Ratings Cut on Moderating Frack Demand
Standard & Poor’s Ratings Services (S&P) has cut the corporate credit rating of Fort Worth, TX-based FTS International Services LLC, one of the top five hydraulic fracturing (fracking) service providers in North America, because it said capacity additions and rising costs, combined with moderating demand and low natural gas prices, are pressuring margins in the fracture stimulation industry.
June 4, 2012
S&P: No Big Natgas Price Gain After 2013
A Standard & Poor’s Ratings Services (S&P) analyst on Friday said low natural gas prices have negatively affected gas-weighted operators but those able to pivot to liquids should be able to stumble through 2013, when prices are expected to slightly strengthen.
June 4, 2012
MSC Touts Marcellus Best Practices
Seeking to create a uniform standard for how the oil and gas industry in the Appalachian Basin goes about drill site planning, developing and restoring the landscape once operations are complete, the Marcellus Shale Coalition (MSC) has released its first Recommended Practices (RP) report.
April 30, 2012
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