December 17, 2015 - 9:33 AM EST
Print Email Article Font Down Font Up
Fitch Publishes U.S. Onshore Drillers Dashboard

Fitch Ratings has published the fourth edition of its U.S. Onshore Drillers Dashboard, a publication that explores key topics affecting issuer credit profiles for the sector in the United States.

Items discussed in this edition include:

--Oil Prices Resume Decline, Reaching New Lows;

--Rig Counts Continue Decline, Production Trailing;

--U.S. Capex Cuts Continue into Second Year;

--Utilization and Day Rates Face Continued Headwinds; Probably Bottoming.

The 'U.S. Onshore Drillers Dashboard' is available on Fitch's website at 'www.fitchratings.com'.

Additional information is available on www.fitchratings.com

--E&P Capex Trends and Oilfield Services Prospects (What E&P and Oilfield Services Corporates Are Saying in Q3) (Dec. 15, 2015);

--2016 Outlook: U.S. Oil & Gas (Risk of Lower for Longer Weighs on Sector) (Nov. 23, 2015);

--2016 Outlook: Oilfield Services (Continued E&P Capital Cutbacks Pressure Sector) (Nov. 23, 2015);

--Oil and Gas Price Assumptions November 2015 (Nov. 9, 2015);

--U.S. Lower 48 New Normal Rig Run-Rate (Rig-Linked 2H Production Decline Forecast; Productivity Gains Drive New Normal) (Aug. 6, 2015).

U.S. Onshore Drillers Dashboard

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=875618

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.

Fitch Ratings
Colin Cordes
Analyst
+1-312-368-3120
Fitch Ratings, Inc.
70 W. Madison Street
Chicago, IL 60602
or
Dino Kritikos
Director
+1-312-368-3150
or
Brad Bell
Associate Director
+1-312-368-3149
or
Media Relations:
Alyssa Castelli, +1 212-908-0540
alyssa.castelli@fitchratings.com


Source: Business Wire (December 17, 2015 - 9:33 AM EST)

News by QuoteMedia
www.quotemedia.com

Legal Notice