oil & gas assets
You have accessed this news story:

CM - Moody’s downgrades midstream for first time on expected EBITDA - June 2020



Feed Icon
Moody’s Investor Services downgraded the midstream sector for the first time ever— to negative from stable—as the ratings agency forecasted a more than 5% sector-wide drop in EBITDA this year. Moody’s said that E&P companies’ shut-ins, demand and supply shocks, and erosion of customer credit quality have all contributed to conditions to bring 2020 aggregate EBITDA for midstream companies below its threshold for a stable industry. VP and senior credit officer Andrew Brooks said......
 
Provide your credentials to access this page

Member Area: Log in if you have a PLS web account or Sign up for internet access now.

PLS Web Client?
Log in to proceed







Sign up for PLS Reports
& Web Access!


Already subscribed to Reports?
Sign up for Web Access!
Search For More News