Energy North America

Fundamental Strength Contends with Commodity Price Volatility and Competing Priorities

7 World Trade Center
250 Greenwich Street, New York, NY 10007

Economic uncertainty is pressuring oil and gas prices, despite support from geopolitics and OPEC+ supply cuts. The energy industry is also caught between the competing priorities of energy security and energy transition, while adapting to broader ESG trends. We look forward to seeing everyone in person to share our perspective on overall corporate credit conditions, current credit dynamics in the energy industry and medium-term trends that are shaping the North American credit energy landscape.

Agenda

13:00 - 13:30
EDT

Conference registration

13:30 - 13:45
EDT

Welcome Remarks and Corporate Credit Conditions

Corporate borrowers are adapting to higher interest rates and tighter credit access as capital markets stay volatile and regional banks remain challenged. What are Moody’s areas of focus now as the challenged credit cycle continues?

13:45 - 14:00
EDT

Moody’s Global Macro Economic Outlook 2023-24

Tight financial conditions will continue to dampen global economic growth through 2023 and keep growth below trend in 2024. What are Moody’s latest expectations for GDP growth, inflation, and the US Federal Reserve’s and other major central banks policy stance on interest rates?

14:00 - 14:35
EDT

Energy Credit Landscape

Oil and gas companies continue to follow capital discipline and reduce debt in response to shareholder demands and longer term uncertainties related to energy transition. These trends combined with supportive oil prices have driven continued positive rating actions. What are Moody’s key credit themes for oil and gas, expectations for commodity prices, and prospects for further ratings improvement? 

14:35 - 15:10
EDT

ESG risks and the intersection with credit risk

The energy industry is caught between the competing priorities of energy security and energy transition, while adapting to broader ESG trends. What does transition mean for oil and gas ratings, particularly at the higher end of the rating scale?

15:10 - 15:30
EDT

Break

15:30 - 16:10
EDT

Panel Discussion: Harnessing medium term growth opportunities in Natural Gas

High prices and limited availability of natural gas in 2022 caused many emerging market economies to rely on other sources of energy. What does it mean for growth in global demand for natural gas in the medium term? Panelists discuss scenarios and evolving credit themes for US Exploration and Production and Midstream sectors followed by audience Q&A.

16:10 - 16:15
EDT

Transition Break

16:15 - 17:00
EDT

Breakout Session

  • Integrated companies, E&P and OFS companies
  • Midstream and Refining
17:00
EDT

Networking Event


Event Details:

Venue Name: 7 World Trade Center

Address: 250 Greenwich Street, New York, NY 10007


Date: October 18, 2023

Time: 1:30 PM -5:30 PM EDT