Wells Fargo Downgrades Swift Energy (SFY) to Underperform
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S&P Downgrades Swift Energy (SFY) to 'D' Amid Missed Interest Payment
December 3, 2015 10:27 AM ESTStandard & Poor's Ratings Services lowered its corporate credit and issue-level ratings on Houston-based oil and gas exploration and production company Swift Energy Co. to 'D' from 'CCC'. The recovery rating on the company's unsecured debt remains '4', indicating our expectation of average (30%-50%, lower end of the range)... More
