Moody's Investors Service
Oil majors’ ratings increasingly divergent
Rating affirmation contrasted by downgrades among oil majors
ExxonMobil, how has the 2020 downturn affected their rating? Total, what was missing to keep their Aa3 rating? BP, why was the dividend cut insufficient for an A1 rating? Shell, what drove their rating affirmation of Aa2?
Thursday, March 25, 2021