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

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

Research Update: Enterprise Products Partners' Rating Is Affirmed; Outlook Changed To Positive - S&P Global Ratings’ Credit Research
Research Update: Enterprise Products Partners' Rating Is Affirmed; Outlook Changed To Positive
Published Apr 30, 2010
Published Apr 30, 2010
Price US$ 225.00  |  Buy this Report Now

About This Report

  
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. On April 30, 2010, Standard&Poor's Ratings Services affirmed its rating on Enterprise

  
Report Type:

Research Update

Ticker
EPD
Issuer
GICS
Oil & Gas Storage & Transportation (10102040)
Sector
Global Issuers
Country
Region
Format:
HTML HTML
Buy Now

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. "Research Update: Enterprise Products Partners' Rating Is Affirmed; Outlook Changed To Positive" Apr 30, 2010. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Enterprise-Products-Partners-Rating-Is-Affirmed-Outlook-Changed-To-Positive-796204>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Enterprise Products Partners' Rating Is Affirmed; Outlook Changed To Positive Apr 30, 2010. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Enterprise-Products-Partners-Rating-Is-Affirmed-Outlook-Changed-To-Positive-796204>
  
US$ 225.00
$  £  
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.