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Moody's: Earnings growth shifts down a gear turning outlook on global oil & gas sector stable

Mimi Sabreena 8:14:00 AM Informasi

KUALA LUMPUR (Sept 26): An expected slowdown in the pace of earnings growth has moved the 2018 outlook on the global integrated oil and gas industry to stable from positive, according to Moody's Investors Service.

In a report titled “"Integrated oil and gas -- Global: Outlook turns stable amid expectations of slower EBITDA growth in 2018” published yesterday, Moody’s said the slowdown follows a strong earnings recovery in 2017 and signals a return to stable, organic growth.

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