Fitch Ratings has published the U.S. Utilities, Power, and Gas (UPG) Quarterly Dashboard. This report highlights the rating actions taken in the UPG universe during the fourth quarter of 2014.
Rating activity within the U.S. UPG group during the quarter included 144 affirmations, five upgrades, four downgrades, and six positive changes and one negative change to Rating Outlooks. While the majority of the positive and negative rating actions were driven by company specific factors, the changes to Rating Outlooks were largely driven by M&A activity. Fitch has also published an Excel worksheet titled 'Fourth-Quarter Rating Action Summary Report' that provides a list of rating actions, issuance activity, Fitch's published research, and sector rating trends during the fourth quarter.
The dashboard and Excel worksheet are available at www.fitchratings.com or by clicking on the link below.
Additional information is available at 'www.fitchratings.com'.
Applicable Criteria and Related Research: Utilities, Power and Gas Dashboard (Fourth-Quarter Ratings Wrap-Up)
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=854408
U.S. Utilities, Power and Gas Third-Quarter Rating Action Summary Report
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=790488
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