CHICAGO--(BUSINESS WIRE)--Fitch Ratings has published the first edition of its U.S. Onshore Drillers and Oilfield Services Dashboard, a publication that explores key topics affecting issuer credit profiles for the sector in the United States.
Items discussed in this edition include:
--Positive near-term industry trends;
--Stable, higher oil-directed rig count and unaffected gas production;
--Anticipated modest oilfield services improvements;
--Speculative newbuild rig programs cause medium-term concern.
The 'U.S. Onshore Drillers and Oilfield Services Dashboard' is available on Fitch's website at www.fitchratings.com.
Additional information is available at 'www.fitchratings.com'.
Applicable Criteria and Relevant Research:
--Corporate Rating Methodology Including Short-Term Ratings and Parent and Subsidiary Linkage (May 28, 2014);
--2014 Outlook: North American Oil & Gas (Dec. 12, 2013);
--Cash Flow Trends in the U.S. Energy Sector (Shareholder Activism Having an Impact) (Feb. 4, 2014);
--Investor FAQs--Recent Questions on E&P, Refining, and Drilling and Services Sectors (Aug. 12, 2013).
Applicable Criteria and Related Research: U.S. Onshore Drillers and Oilfield Services Dashboard
Corporate Rating Methodology - Including Short-Term Ratings and Parent and Subsidiary Linkage
2014 Outlook: North American Oil & Gas (Strong Oil Prices Continue to Support Energy Complex)
Cash Flow Trends in the U.S. Energy Sector (Shareholder Activism Having an Impact)
Investor FAQs: Recent Questions on the E&P, Refining, and Drilling and Services Sectors