Standard

S&P Lowers Gas Price Assumptions for Multiple Years

Standard & Poor’s Ratings Services (S&P) on Wednesday lowered its natural gas price assumptions for the U.S. Henry Hub market point covering this year, 2013 and 2014 (and thereafter). The changes assume prices will go no higher than $3.50/MMBtu for the foreseeable future.

April 20, 2012

REX Rating Cut on Recontracting Risk

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.

January 31, 2012

WPX to Move into S&P 500

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).

December 29, 2011

NGPL Credit Ratings Cut, Under Review

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.

December 19, 2011

S&P Lowers NGPL Credit Rating; Moody’s Places Ratings under Review

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.

December 19, 2011

NGLs Boost Midstream Cash Flows, Says S&P

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?

December 12, 2011

NGLs Give Midstream Strong Cash Flows, Says S&P

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?

December 12, 2011

S&P Bumps Up Ratings for Plains E&P

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.

November 22, 2011

Bakken Drilling Not Slowing, S&P Analyst Says

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.

November 22, 2011

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.

November 21, 2011