10 Of The Biggest U.S. Exploration & Production Companies Were Downgraded By S&P On Tuesday (Oil Pro)

-Chevron’s rating was cut to AA- from AA,
-Continental Resources was reduced to junk status,
-Hess Corp was reduced from BBB to BBB-

Other companies downgraded include Murphy Oil Corp, Apache Corp, Marathon Oil Corp, EOG Resources and Devon Energy. Southwestern Energy Company was also reduced to junk status.



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