Moody’s: Anadarko, PEMEX among firms whose ratings are close to boundary between investment and speculative grade

The credit ratings of a substantial number of energy companies in the Americas are currently near the “crossover zone,” or the boundary between investment grade and speculative grade, Moody’s Investors Service says in a new report. Only seven, however, are in the zone, with potential “rising stars” including US-based exploration and production firm, Anadarko Petroleum and potential “fallen angels” including the Mexican national oil company, PEMEX.

source https://finance.yahoo.com/m/e254b7bb-e061-3069-aa19-2785bb98c049/moody%27s%3A-anadarko%2C-pemex.html?.tsrc=rss

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