Fitch: 1Q HY Energy Coupons Swell; E&P Default Rate 1.7%
Some Energy Companies Find the Going Tough
All eyes are on oil, but the natural-gas industry faces interesting times.
Energy Sector The median stock in the energy sector trades right at our fair value estimate. We made several changes to our pricing assumptions in 2006, all of which increased our fair values for the companies affected. • Natural Gas. In February we raised our midcycle price assumption for the ...