Fitch revises Endeavor Energy view to stable

Fitch Ratings said it revised the outlook for Endeavor Energy Resources, LP to stable from positive.

The revision reflects Fitch’s expectation of reduced drilling and completion activity, which will slow operational momentum and mute medium-term production growth. Production and proved reserve growth were the company’s primary positive rating sensitivities. Fitch said it expects Endeavor will demonstrate operational and financial resilience through the cycle.

The agency also affirmed the company’s BB rating.

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