Monday, January 26, 2009

Standard n Poors Flips, Downgrades Entire HY Energy Space

Downgrade casualties:

Quicksilver Resources: From BB-/stable to B+/negative
Swift Energy: From BB-/stable to B+/negative
Stone Energy Corp: From B+/stable to B/stable
Energy Partners Ltd: From B/negative to B-/negative
PetroQuest Energy: From B/stable to B-/Negative
Dune Energy: From B-/Negative to CCC+/Negative

Outlook revision casualties:

Cimarex Energy: From BB/Stable to BB/Negative
Denbury Resources: From BB/Stable to BB/Negative
Whiting Petroleum: From BB-/Stable to BB-/Negative
EXCO Resources: From B/Stable to B/Negative
Clayton Williams Energy: From B/Stable to B/Negative
Parallel Petroleum: From B/Stable to B/Negative
Range Resources: From BB/Positive to BB/Stable
Petroleum Development: From B/Positive to B/Stable
Sphere: Related Content
Print this post