je.st
news
Oil companies bear brunt of price downgrades by credit, equity analysts
2015-09-28 10:43:46| Energy - Topix.net
Standard & Poor's latest downgrades to its oil price assumptions have weakened Origin Energy's credit standing, while the impact on pure-play oil and gas producers Woodside Petroleum and Santos remains uncertain. S&P has left Origin's BBB- rating unchanged but pointed to a "significant" reduction in the buffer the company has within that band, which is the lowest investment-grade rating.
Tags: price
credit
companies
oil
Category:Energy and Environment
Latest from this category |
All news |
||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||