Anadarko: What Do Credit Rating Agencies Think?



Anadarko’s credit ratings

Credit ratings are an effective way to determine the risk involved in investing in a particular security. The top three credit rating agencies in the world are Moody’s, Standard & Poor’s, and Fitch.

For Anadarko Petroleum (APC), Moody’s has provided a Ba1 credit rating. Standard & Poor’s and Fitch have both given the company a BBB rating. All three agencies provided a “negative” outlook for APC, which means they may downgrade APC’s debt in the future.

APC’s peer Continental Resources (CLR) has a Ba3 rating from Moody’s and a BB+ rating from Standard & Poor’s. Apache (APA) has a BBB rating from Standard & Poor’s and a Baa3 rating from Moody’s.

APA and APC make up 5.1% of the Guggenheim S&P 500 Equal Weight Energy ETF (RYE).

Let’s move on now to look at the trends for Anadarko’s free cash flow.

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