Enterprise Products Partners' And Sub's 'BBB-' Corporate Credit Ratings Are Affirmed; Outlook Stable - S&P Global Ratings’ Credit Research

Enterprise Products Partners' And Sub's 'BBB-' Corporate Credit Ratings Are Affirmed; Outlook Stable

Enterprise Products Partners' And Sub's 'BBB-' Corporate Credit Ratings Are Affirmed; Outlook Stable - S&P Global Ratings’ Credit Research
Enterprise Products Partners' And Sub's 'BBB-' Corporate Credit Ratings Are Affirmed; Outlook Stable
Published May 29, 2009
911 words — Published May 29, 2009
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Abstract:

-- Ratings on U.S. midstream energy company Enterprise Product Partners reflect a satisfactory business profile and aggressive financial profile. -- We affirmed our 'BBB-' corporate credit rating on the Houston, Texas-based company following our annual review. -- The stable outlook reflects projected improvement in cash flow and debt leverage credit metrics as new investments produce incremental earnings and cash flow and the expectation that the company will fund capital spending with an appropriate mix of debt and equity to protect credit measures. NEW YORK (Standard&Poor's) May 29, 2009--Standard&Poor's Ratings Services said today it affirmed its 'BBB-' ratings on Houston, Texas-based midstream energy master limited partnership (MLP) Enterprise Products Partners L.P. (Enterprise Products) and its operating subsidiary

  
Brief Excerpt:

RESEARCH Enterprise Products Partners' And Sub's '###-' Corporate Credit Ratings Are Affirmed; Outlook Stable Publication date: 29-May-2009 Primary Credit Analyst: William Ferara, New York (1) 212-438-1776; bill_ferara@standardandpoors.com...

  
Report Type:

Ratings Action

Ticker
EPD
Issuer
GICS
Oil & Gas Storage & Transportation (10102040)
Sector
Global Issuers
Country
Region
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Enterprise Products Partners' And Sub's 'BBB-' Corporate Credit Ratings Are Affirmed; Outlook Stable" May 29, 2009. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Enterprise-Products-Partners-And-Sub-s-BBB-Corporate-Credit-Ratings-Are-Affirmed-Outlook-Stable-724768>
  
APA:
S&P Global Ratings’ Credit Research. (). Enterprise Products Partners' And Sub's 'BBB-' Corporate Credit Ratings Are Affirmed; Outlook Stable May 29, 2009. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Enterprise-Products-Partners-And-Sub-s-BBB-Corporate-Credit-Ratings-Are-Affirmed-Outlook-Stable-724768>
  
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