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S&P alters Southwestern Energy view to stable
S&P said it changed the outlook for Southwestern Energy Co. to stable from negative and affirmed the BB- ratings on the company and its unsecured debt.
Citing improved prices, S&P said it now forecasts Southwestern's financial measures to improve meaningfully, including FFO to debt of around 30% to 35% and debt to EBITDA around 2.5x-3x for the next two years.
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