DTE Energy Co. Outlook Revised To Negative From Stable, Short-Term Ratings Lowered To 'A-3' From 'A-2' - S&P Global Ratings’ Credit Research

DTE Energy Co. Outlook Revised To Negative From Stable, Short-Term Ratings Lowered To 'A-3' From 'A-2'

DTE Energy Co. Outlook Revised To Negative From Stable, Short-Term Ratings Lowered To 'A-3' From 'A-2' - S&P Global Ratings’ Credit Research
DTE Energy Co. Outlook Revised To Negative From Stable, Short-Term Ratings Lowered To 'A-3' From 'A-2'
Published May 22, 2009
581 words — Published May 22, 2009
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Abstract:

-- We view that a continued weakening of DTE Energy Co.'s service territory economics and uncertainty of the timing of recovery could further erode its credit metrics. -- Standard&Poor's has revised the outlook on DTE Energy and its subsidiaries to negative from stable. -- We lowered our short-term rating to 'A-3' from 'A-2'. -- Significant deviation from our expectation could lead to a lower corporate credit rating. NEW YORK (Standard&Poor's) May 22, 2009--Standard&Poor's Ratings Services revised the outlook on DTE Energy Co. and its subsidiaries to negative from stable. At the same time, we lowered the short-term corporate credit and commercial paper program ratings to 'A-3' from 'A-2'. In addition, we affirmed the 'BBB'

  
Brief Excerpt:

RESEARCH DTE Energy Co. Outlook Revised To Negative From Stable, Short-Term Ratings Lowered To 'A-3' From 'A-2' Publication date: 22-May-2009 Primary Credit Analyst: John Kennedy, New York (1) 212-438-7670; john_kennedy@standardandpoors.com...

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Multi-Utilities (55103010)
Sector
Global Issuers
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MLA:
S&P Global Ratings’ Credit Research. "DTE Energy Co. Outlook Revised To Negative From Stable, Short-Term Ratings Lowered To 'A-3' From 'A-2'" May 22, 2009. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/DTE-Energy-Co-Outlook-Revised-To-Negative-From-Stable-Short-Term-Ratings-Lowered-To-A-3-From-A-2-723609>
  
APA:
S&P Global Ratings’ Credit Research. (). DTE Energy Co. Outlook Revised To Negative From Stable, Short-Term Ratings Lowered To 'A-3' From 'A-2' May 22, 2009. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/DTE-Energy-Co-Outlook-Revised-To-Negative-From-Stable-Short-Term-Ratings-Lowered-To-A-3-From-A-2-723609>
  
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