S&P: El Paso view to stable

Standard & Poor's said it revised the outlook on El Paso Corp. to stable from negative following an annual review. The agency also said it affirmed its BB corporate credit rating, along with the corporate credit rating on its operating subsidiaries.

The outlook revision reflects the company's improved liquidity position and high degree of cash flow predictability for 2010, S&P said.

The supporting factors are offset by the company's financial profile, which is expected to be weak for the rating, the agency said.

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