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Conv December 21:Credit Risk - Stability To Continue for US Midstream Energy Credit Quality in 2008
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by Edward Sweeney on Dec 21, 2007 - 12:00 AM read 420 times
Source: http://www.garp.com/resources/newsfeed.asp?Category=6&MyF...
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Standard & Poor's Ratings Services expects credit quality in the U.S. midstream energy sector to continue to remain generally stable over the next year, as companies continue to focus on realigning their activities across more stable business lines and on strengthening their balance sheets from equity proceeds and asset sales, according to a report published yesterday titled "Industry Report Card: U.S. Midstream Energy Sector Benefits From Commodity Cycle, But Execution Risk Remains Credit Driver For 2008." Source: RiskCenter.com

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