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  • Moody's

    ONEOK Partners, L.P. -- Moody's affirms ONEOK's Baa3 ratings and changes outlook to stable

    Moody's Investors Service, ("Moody's") affirmed ONEOK, Inc.'s (ONEOK) and ONEOK Partners, L.P.'s senior unsecured Baa3 ratings and P-3 commercial paper ratings and changed the outlook to stable from positive. "The stable outlook recognizes ONEOK's flexibility to scale down capital investment and maintain its balance sheet and adequate liquidity through 2020, amid the rapid decline in E&P activity in its key basins, as well as its capacity and resolve to return to the deleveraging path in 2021," said Elena Nadtotchi, Senior Credit Officer at Moody's.