DBRS and Morningstar Credit Ratings Confirm U.S. Upstream Oil & Gas Proved Developed Producing Reserves Asset Class CoverageOther
On July 11, 2019, Morningstar Credit Ratings, LLC (MCR) and DBRS, Inc. (DBRS; together, DBRS Morningstar) published their first announcement regarding the integration of the analytical teams focused on the U.S. Structured Finance market. Today’s press release is the thirty-fourth in a series to keep the market updated on analytical integration decisions and is focused on the U.S. asset-backed securities (ABS) sector.
<a href="https://www.dbrsmorningstar.com/research/347875/" target="_blank">“DBRS and Morningstar Credit Ratings Announce Analytical Integration Process and Ratings Overlap” </a>
UPSTREAM OIL & GAS PROVED DEVELOPED PRODUCING RESERVES ASSET CLASS
Following an analysis of the Upstream Oil & Gas Proved Developed Producing Reserves asset class, DBRS Morningstar concluded that, effective today, any new rating engagements in this asset class will be rated and monitored by DBRS Morningstar using MCR’s “U.S. ABS General Ratings Methodology.” This methodology is now available on www.dbrsmorningstar.com.
<a href="https://www.dbrsmorningstar.com/research/362724" target="_blank">“U.S. ABS General Ratings Methodology”</a>
DBRS Morningstar methodologies, including any MCR methodology selected for use by DBRS Morningstar as part of the analytical integration process, are publicly available on www.dbrsmorningstar.com under Methodologies & Criteria.
For analytical inquiries regarding this press release, please contact Chris D’Onofrio, Managing Director, U.S. ABS.
+1 212 806-3284
For rating engagement inquiries regarding the U.S. ABS asset class coverage or any asset classes not listed, please contact Sean O’Connor, Managing Director, Head of Global Business Development.
+1 212 806-3252
For more information on the transactions rated by DBRS, please visit <a href="http://www.dbrsmorningstar.com" target="blank">www.dbrsmorningstar.com</a> or contact DBRS at email@example.com. For transactions rated by MCR, please visit <a href="http://www.morningstarcreditratings.com" target="blank">www.morningstarcreditratings.com</a> or contact firstname.lastname@example.org.
+1 212 806-3240