Welcome To The Compton Petroleum Corporation HUB On AGORACOM
Compton Petroleum Corporation is an independent, public company actively engaged in the exploration, development, and production of natural gas, natural gas liquids, and crude oil in the Western Canada Sedimentary Basin.
Message: S&P Credit Research...
Report title: Compton Petroleum Corp. Outlook To Stable From Negative On Lower Debt And Better Liquidity
from S&P Credit Research
1201 word report published Dec 22, 2009
Price $100.00 available for immediate download
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| Abstract: |
We are revising our outlook on Compton Petroleum Corp. to stable from negative. We are affirming the 'B' corporate credit rating on the company and our 'B-' senior unsecured debt rating on subsidiary Compton Petroleum Finance Corp. Compton has reduced its debt levels meaningfully with the completion of its bought deal equity offering and the sale of its 2.5% gross overriding royalty. The stable outlook reflects our view that Compton should be able to maintain its guidance production levels and sufficient liquidity in the near term. TORONTO (Standard&Poor's) Dec. 22, 2009--Standard&Poor's Ratings Services today said it revised its outlook on Calgary, Alta.-based Compton Petroleum Corp. to stable from negative. At the same time, Standard&Poor's |
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| Brief Excerpt: | RESEARCH Ratings Definitions Compton Petroleum Corp. Outlook To Stable From Negative On Lower Debt And Better Liquidity Publication date: 22-Dec-2009 Primary Credit Analyst: Jamie Koutsoukis, Toronto (1) 416-507-2552; jamie_koutsoukis@standardandpoors.c... |
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| Report Type: | Ratings Action |
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| Ticker: |
CMT@CN |
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| Issuer: |
Compton Petroleum Corp. |
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| GICS: |
Oil & Gas Exploration & Production (10102020) |
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| Sector: |
Global Issuers |
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| Country: |
Canada |
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| Region: |
Canada |
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| Free Sample: | Click Here to Download |
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| Format: |
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