With North American natural gas prices near 10-year lows, some US exploration-and-production companies are scrambling to adjust to these challenging market dynamics, STANDARD & POOR’S RATINGS SERVICES said Wednesday

摘要

With North American natural gas prices near 10-year lows, somenUS exploration-and-production companies are scrambling to adjustnto these challenging market dynamics, STANDARD & POOR’SnRATINGS SERVICES said Wednesday. “Many E&P companiesnhave the financial resources and flexibility to wait out low gasnprices, in our opinion,” said S&P credit analyst Ben Tsocanos.n“However, our ratings on producers whose reserves are concentratednin dry gas regions, who lack price hedges and who havenlimited liquidity have come under pressure.” Many companiesnare pulling back from dry gas formations and shifting toward oilandnliquids-rich plays.