Questar Gas Co. - S&P Global Ratings’ Credit Research

Questar Gas Co.

Questar Gas Co. - S&P Global Ratings’ Credit Research
Questar Gas Co.
Published Mar 06, 2020
11 pages (3599 words) — Published Mar 06, 2020
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

We expect Questar Gas Co.'s (QGC) credit quality will be supported by both the utility's low-risk operation and the constructive regulatory framework of Utah. We expect QGC to maintain its stable cash flow and credit quality with the support from existing cost-recovery mechanisms. S&P Global Ratings' stable outlook on Questar Gas Co. (QGC), reflects the outlook on ultimate parent Dominion Energy Inc. (Dominion)'s lower-risk utility businesses will show modest improvement to about 75% of consolidated EBITDA following the SCANA Corp. acquisition. We expect that financial measures will reflect the lower half of the range for its financial risk profile category, with funds from operations (FFO) to debt of 15%-16%. We could lower the rating on Dominion over the next two

  
Brief Excerpt:

...We expect Questar Gas Co.'s (QGC) credit quality will be supported by both the utility's low-risk operation and the constructive regulatory framework of Utah. We expect QGC to maintain its stable cash flow and credit quality with the support from existing cost-recovery mechanisms....

  
Report Type:

Full Report

Ticker
STR1
Issuer
GICS
Gas Utilities (55102010)
Sector
Global Issuers, Structured Finance
Country
Region
Format:
PDF Adobe Acrobat
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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. "Questar Gas Co." Mar 06, 2020. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Questar-Gas-Co-2393941>
  
APA:
S&P Global Ratings’ Credit Research. (). Questar Gas Co. Mar 06, 2020. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Questar-Gas-Co-2393941>
  
US$ 500.00
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