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home / news releases / CNXM - Down(grade) But Not Out: What Recent Credit Rating Updates Mean For Midstream


CNXM - Down(grade) But Not Out: What Recent Credit Rating Updates Mean For Midstream

During periods of market volatility, investors often look at credit ratings as one way of evaluating how a company could hold up under stress. Tightening financial conditions can raise concerns about a company's ability to access capital markets, and a downgrade from investment grade to high yield can result in higher financing costs. In short, companies that hold an investment grade rating are often better-positioned to withstand the financial pressures of a downturn, and in recent years, midstream has largely improved its creditworthiness (read more). However, given the significant uncertainty for energy demand

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Stock Information

Company Name: CNX Midstream Partners LP representing limited partner interests
Stock Symbol: CNXM
Market: NYSE
Website: cnxmidstream.com

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