Tag: Fitch

North American energy sector healing in 2017, challenges ahead – Fitch

North American energy sector healing in 2017, challenges ahead – Fitch

Two years of lower global E&P capex should set stage for further production declines, stabilizing pricing The rating outlook for North American energy remains negative, reflecting lingering challenges in the exploration and production (E&P) and oil field services/drillers subsectors, according to Fitch Ratings. The E&P market remains split. In the investment-grade (IG) E&P space, a key […]

By November 29, 2016 0 Comments Read More →
Fitch: US nuclear plants well positioned for decommissioning

Fitch: US nuclear plants well positioned for decommissioning

Community opposition to extended decommissioning period could heighten early closure risk and financial exposure NEW YORK – The US nuclear fleet is well positioned to meet the financial obligations of decommissioning, and Fitch Ratings does not expect decommissioning to be a rating issue, according to a press release. The risk is largely alleviated by regulations […]

By November 14, 2016 0 Comments Read More →
Oil, gas companies lead 2015 credit rating downgrades – Fitch Ratings

Oil, gas companies lead 2015 credit rating downgrades – Fitch Ratings

Pressure from lower-for-longer oil, gas prices has weakened credit profiles beyond Fitch’s original expectations NEW YORK – According to Fitch Ratings, energy (oil and gas) and natural resource companies made up 33 per cent of credit rating downgrades, excluding sovereign related, during 2015. Persistently weak oil prices have continued to lead to CAPEX reductions or delays and have been […]