...Sector and Sub-Sectors: This report presents the key peer comparator elements observed or expected for integrated and upstream oil and gas production companies. This report covers oil and gas producing companies across all fuel mix commodity sub-sectors, eg crude oil, non-gas liquids, and natural gas, including LNG. The companies comprise integrated producers (with midstream and downstream operations) as well as upstream only (crude oil and natural gas) producers. Separate Navigators are available for Oil Refining and Marketing Companies, Drilling and Oil Field Services and Pipelines and Master Limited Partnerships. Key Factors: The Sector Risk Profile defines and groups companies operating in the sector into a "natural rating territory" based on Fitch's view of the inherent risk profile of the industry. Most companies' overall risk profiles do not stray too far from this rating range. After assessing the Operating Environment, then Management and Corporate Governance, the Navigator examines...
