Moody's Reviewing Canadian Oil-Producer Ratings After Price DropBy
Suncor and Encana among oil and gas companies under review
Weak industry fundamentals and lower price driving action
Moody’s Investors Service is reviewing the credit rating of seven Canadian exploration and production companies and their rated subsidiaries, including Suncor Energy Inc. and Encana Corp., for downgrade after the price of crude oil weakened further.
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