Standard

Standard & Poor’s Ratings Services (S&P) lowered its corporate credit and senior unsecured debt ratings on Rockies Express Pipeline LLC (REX) to “BB” from “BBB-” with a “stable” outlook and said the decision was based on compressed basis differentials leading to increased recontracting risk in the years ahead.

WPX Energy Inc., the exploration arm of Williams, will move into the S&P 500 at the close of trading on Friday, according to Standard & Poor’s (S&P).

Standard & Poor’s Ratings Services (S&P) Thursday lowered its corporate rating and senior unsecured rating on Houston-based pipeline company NGPL PipeCo LLC to ‘BB-‘ from ‘BB+’ and placed the ratings on CreditWatch with negative implication. S&P also lowered the rating on NGPL’s senior unsecured notes to ‘BB-‘ from ‘BB+’ and placed the ratings on CreditWatch. The ratings downgrade impacts NGPL’s $3 billion of reported debt.

Standard & Poor’s Ratings Services (S&P) Thursday lowered its corporate rating and senior unsecured rating on Houston-based pipeline company NGPL PipeCo LLC to “BB-” from “BB+” and placed the ratings on CreditWatch with negative implication. S&P also lowered the rating on NGPL’s senior unsecured notes to “BB-” from “BB+” and placed the ratings on CreditWatch. The ratings downgrade impacts NGPL’s $3 billion of reported debt.

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?

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?

Countering recent reports that drilling activity in the Bakken Shale play in North Dakota was being cut back, an analyst with Standard & Poor’s Ratings Services (S&P) told NGI’s Shale Daily Monday that drilling and production was still “full steam ahead,” although margins may compress some next year.

Expectations for improved results in California and in its shale plays, along with tightening of its finances, caused Standard & Poor’s Ratings Services (S&P) to increase its ratings and outlook on Houston-based midsize exploration and production (E&P) company, Plains Exploration & Production Co. (PXP), the rating agency announced earlier in November.

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.