BULLETIN: Questar Gas Revises Results After Court Ruling - S&P Global Ratings’ Credit Research

BULLETIN: Questar Gas Revises Results After Court Ruling

BULLETIN: Questar Gas Revises Results After Court Ruling - S&P Global Ratings’ Credit Research
BULLETIN: Questar Gas Revises Results After Court Ruling
Published Aug 05, 2003
358 words — Published Aug 05, 2003
Price Free  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's) Aug. 5, 2003--Standard&Poor's Ratings Services said today that the order by the Utah Supreme Court reversing a decision made by the Public Service Commission of Utah, which allowed Questar Gas Co. (A+/Negative/--) to collect $5 million a year in rates to recover costs associated with removing carbon dioxide in gas prior to delivery to customers, will not affect current ratings. As a result of the court ruling, Questar Gas will record a $13.6 million liability in the second quarter of 2003 for revenues that had been included in rates. The liability will not materially affect Questar Gas' liquidity or cash. Standard&Poor's notes that the resulting weakening of forecast credit ratios, including

  
Brief Excerpt:

RESEARCH BULLETIN: Questar Gas Revises Results After Court Ruling Publication date: 05-Aug-2003 NEW YORK (Standard & Poor's) Aug. 5, 2003--Standard & Poor's Ratings Services said today that the order by the Utah Supreme Court reversing...

  
Report Type:

Bulletin

Ticker
STR1
Issuer
GICS
Gas Utilities (55102010)
Sector
Global Issuers
Country
Region
Format:
HTML HTML
Buy Now

Summary: Questar Gas Co. – 2003/08/07 – US$ 225.00

Summary: Questar Gas Co. – 2004/01/06 – US$ 225.00

Summary: Questar Gas Co. – 2004/04/16 – US$ 225.00

Summary: Questar Gas Co. – 2004/08/04 – US$ 225.00

Summary: Questar Gas Co. – 2004/12/03 – US$ 225.00

Summary: Questar Gas Co. – 2002/06/20 – US$ 225.00

Summary: Questar Gas Co. – 2002/04/09 – US$ 225.00

Questar Gas Co. – 2001/10/16 – US$ 500.00

Summary: Questar Gas Co. – 2001/10/16 – US$ 225.00

Summary: Questar Gas Co. – 2001/07/02 – US$ 225.00

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "BULLETIN: Questar Gas Revises Results After Court Ruling" Aug 05, 2003. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Questar-Gas-Revises-Results-After-Court-Ruling-327018>
  
APA:
S&P Global Ratings’ Credit Research. (). BULLETIN: Questar Gas Revises Results After Court Ruling Aug 05, 2003. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Questar-Gas-Revises-Results-After-Court-Ruling-327018>
  
Free
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.