DBRS Discontinues Ratings on Anadarko Petroleum Corporation and Kerr-McGee Corporation

DBRS Limited (DBRS) discontinued and withdrew Anadarko Petroleum Corporation’s (Anadarko) Issuer Rating and Senior Unsecured Notes and Debentures rating of BBB as well as Kerr-McGee Corporation’s (Kerr-McGee) Senior Unsecured Notes and Debentures rating of BBB. The decision to withdraw the ratings was made at DBRS’s discretion and is unrelated to the credit risk profiles of Anadarko or Kerr-McGee.

Notes:
The principal methodologies are Rating Companies in the Oil and Gas and Oilfield Services Industries and DBRS Criteria: Guarantees and Other Forms of Support, which can be found on dbrs.com under Methodologies & Criteria.

The related regulatory disclosures pursuant to the National Instrument 25-101 Designated Rating Organizations are hereby incorporated by reference and can be found by clicking on the link under Related Documents or by contacting us at info@dbrs.com.

This rating was not initiated at the request of the rated entity.

The rated entity or its related entities did not participate in the rating process for this rating action. DBRS did not have access to the accounts and other relevant internal documents of the rated entity or its related entities in connection with this rating action.

This is an unsolicited credit rating.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.
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