Enterprise Products Partners' Rating Is Affirmed; Outlook Changed To Positive - S&P Global Ratings’ Credit Research

Enterprise Products Partners' Rating Is Affirmed; Outlook Changed To Positive

Enterprise Products Partners' Rating Is Affirmed; Outlook Changed To Positive - S&P Global Ratings’ Credit Research
Enterprise Products Partners' Rating Is Affirmed; Outlook Changed To Positive
Published Apr 30, 2010
1500 words — Published Apr 30, 2010
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Abstract:

U.S. midstream energy company Enterprise Products Partners' credit risk profile has improved due to its increased scale, the receipt of cash flows from recently completed, mostly fee-based projects and our view that fractionation spreads have likely entered a period of secular strength. We are affirming the 'BBB-' corporate credit rating assigned to midstream energy company Enterprise Products Partners L.P. and revising the outlook to positive from stable. We also changed our business risk assessment to 'strong' from 'satisfactory'. The positive outlook reflects Enterprise Products' increasing size and asset diversity and growing asset footprint, while maintaining key credit metrics that are considered somewhat strong for the rating. NEW YORK (Standard&Poor's) April 30, 2010--Standard&Poor's Ratings Services said today

  
Brief Excerpt:

RESEARCH Enterprise Products Partners' Rating Is Affirmed; Outlook Changed To Positive Publication date: 30-Apr-2010 Primary Credit Analyst: William Ferara, New York (1) 212-438-1776; bill_ferara@standardandpoors.com Secondary Credit...

  
Report Type:

Ratings Action

Ticker
EPD
Issuer
GICS
Oil & Gas Storage & Transportation (10102040)
Sector
Global Issuers
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Enterprise Products Partners' Rating Is Affirmed; Outlook Changed To Positive" Apr 30, 2010. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Enterprise-Products-Partners-Rating-Is-Affirmed-Outlook-Changed-To-Positive-796203>
  
APA:
S&P Global Ratings’ Credit Research. (). Enterprise Products Partners' Rating Is Affirmed; Outlook Changed To Positive Apr 30, 2010. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Enterprise-Products-Partners-Rating-Is-Affirmed-Outlook-Changed-To-Positive-796203>
  
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