North American regulated utilities ranking highlights investment-grade split in S&P Global review

Traders Union
All News
Business & Wealth
Companies
Utilities ranking by S&P Global

Top Stories

Editors' Picks

Stocks

Crypto

Economics

Currencies

Commodities

Business & Wealth

Market Voices

Ivan Andriyenko

2 hours ago

North American regulated utilities ranking highlights investment-grade split in S&P Global review — Utilities ranking split revealed

S&P Global Ratings has published a ranking of North American regulated utility companies it rates, using credit ratings, outlooks and internal risk assessments as the basis for the list. The review is not a rating action and reflects ratings and scores as of Nov. 1, 2026, separating investment-grade companies from speculative-grade peers under different ordering criteria.

Highlights

S&P Global Ratings released a ranked list of North American regulated utilities by credit criteria including rating, outlook, and risk profiles.
The ranking differentiates investment-grade (BBB- or higher) and speculative-grade (BB+ or lower) utilities based on stand-alone, business, and financial risk profiles.
The snapshot, based on ratings as of Nov. 1, 2026, does not indicate rating actions but offers investors comparative credit insights within the utility sector.

Ranking criteria and methodology

As reported by S&P Global Ratings, the list orders North American regulated utility companies by rating, outlook, stand-alone credit profile, and business and financial risk profile assessments.

For investment-grade companies rated BBB- or higher that share the same rating and outlook, the ranking first considers stand-alone credit profile, then business risk profile, and then financial risk profile. If those factors do not differentiate issuers, companies are listed alphabetically.

For speculative-grade companies rated BB+ or lower with the same rating and outlook, the sequence changes after stand-alone credit profile, with financial risk profile taking precedence over business risk profile before any alphabetical ordering is applied.

Implications for utility credit comparisons

The ranking provides a structured comparison of rated regulated utilities across North America, giving investors and industry participants a way to distinguish credit quality within the sector without signaling any immediate change in ratings.

Because the document explicitly states that it does not constitute a rating action, the list serves as a snapshot of relative positioning under S&P Global Ratings' existing criteria rather than a new credit decision. The scores and ratings cited in the report are current as of Nov. 1, 2026.

Our earlier coverage of Hainan Rubber’s proposed subordinated perpetual sustainable securities explained how the planned refinancing is structured through Halcyon Agri and why the notes were rated below the issuer level due to subordination and coupon-deferral features. We also outlined the key factors behind the rating view, including the group’s high leverage, liquidity position, and the role of implied state support in maintaining funding access.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

Did you like the article?

Editor's Picks for You

From Coinbase to Visa: Who makes money from blockchain?

By Anastasiia Chabaniuk
3 hours ago

From Coinbase to Visa: Who makes money from blockchain?

Editors' Picks

One of the biggest M&A deals: Why is Marvell buying Lumentum?

By Mikhail Vnuchkov
4 hours ago

One of the biggest M&A deals: Why is Marvell buying Lumentum?

Editors' Picks

By Olena Litvinenko
Yesterday

Not Satoshi: Who created Bitcoin’s logo?

Editors' Picks

All Editors' Top Picks

Latest S&P Ratings News

S&P Global Ratings to host sovereign ratings webinar on IMF takeaways and Middle East risks

By Darina Pashchenko
2 hours ago

S&P Global Ratings to host sovereign ratings webinar on IMF takeaways and Middle East risks

Financial Institutions

#USA #S&P Ratings #IMF

S&P Global Ratings publishes weekly credit trends snapshot as upgrades match downgrades

By Aleksandra Chaikina
2 hours ago

S&P Global Ratings publishes weekly credit trends snapshot as upgrades match downgrades

Companies

#USA #S&P Ratings

S&P Global outlines how it assesses SRT risk for private credit funds

By Oleksii Zaichenko
2 hours ago

S&P Global outlines how it assesses SRT risk for private credit funds

Financial Institutions

#Debt #Banks #Investing #USA #S&P Ratings

All S&P Ratings News

Anastasiia Chabaniuk
3 hours ago

From Coinbase to Visa: Who makes money from blockchain?

Mikhail Vnuchkov
4 hours ago

One of the biggest M&A deals: Why is Marvell buying Lumentum?

Olena Litvinenko
Yesterday

Not Satoshi: Who created Bitcoin’s logo?

Eugene Komchuk
Yesterday

Ryanair tightens its belt: How rising fuel prices threaten the budget airline

Dmytro Kharkov
Yesterday

How German metalworkers’ strikes are testing Europe’s industrial strength

Mykhailo Ihnatenko
10 min ago

Scott Melker: Pearl asset mined from AI workloads now tradable on Near

Pavlo Kot
10 min ago

Extra payment field led to $2 million savings, Simon Taylor notes

Mikhail Vnuchkov
15 min ago

Joe Weisenthal: Stakeholder alignment in hedge funds seen as particularly interesting

Daria Chernytska
15 min ago

Jay Parsons: Apartment construction starts fall 50 percent from peak, decline expected to continue

Mykhailo Ihnatenko
25 min ago

Michael Geike: $6.3 billion withdrawn from Binance in 20 minutes without private key compromise

Top News

Olga Shendetskaya
24 min ago

Oil prices slide as U.S.-Iran diplomacy gains momentum

Oil prices slide as U.S.-Iran diplomacy gains momentum

Eugene Komchuk
1 hour ago

China and Oman agree to cooperate on digital currencies

China and Oman agree to cooperate on digital currencies

Andrey Mastykin
3 hours ago

Apple shares fall as China revenue misses estimates

Apple shares fall as China revenue misses estimates

Ivan Andriyenko
4 hours ago

Turkey arrests stock exchange chief after fund collapse hits investors

Turkey arrests stock exchange chief after fund collapse hits investors

Igor Krasulya
5 hours ago

Gold prices retreat as Iran tensions push oil higher

Gold prices retreat as Iran tensions push oil higher

Top 5 companies for you

United States

Live News

Kyle Torpey
Now

South Korea considers 99% cold storage rule for crypto exchanges

Anton Kharitonov
Now

EUR/USD retreats toward 1.1180 as U.S. data strengthens the dollar

Jose Antonio Gastelum
Now

French lawmakers reject taxes on unrealized crypto gains

Mykhailo Ihnatenko
Now

Nvidia stock forecast: Can 200-day SMA support a rebound toward $210?

Mykhailo Ihnatenko
Now

Ethereum price stays fragile as election volatility and ETF outflows weigh

© IAFT Ltd., 2010-2026 All rights to the website are owned by IAFT Ltd.,
Registration number - HE 336186

Risk disclosure:

Information on the TradersUnion.com website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. According to the statistics, 75-89% of customers lose the funds invested and only 11-25% of traders earn a profit. Trading in futures and options carries substantial risk of loss and is not suitable for every investor.

That is why you should only invest money that you are prepared — or can afford — to lose at such high risks. Tradersunion.com does not provide any financial services, including investment or financial advisory services. Also, the Traders Union is not a broker and does not get money for trading in the Forex or CFD markets. Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers.
Disclaimer:

Traders Union (TradersUnion.com) shall not be liable for the consequences of trading decisions made by the Client and for the possible loss of his capital resulting from the use of this website and information published on it.

Forex market, CFD and cryptocurrency trading involves high risks and is not suitable for everyone. Before investing money, you need to adequately assess the level of your expertise and be aware of the risks, particularly in the context of trading with leverage. The information on this website is not intended for distribution or use by any person in any country or jurisdiction, where such distribution or use would be in violation of the local law or regulation. Any payments by Traders Union (TradersUnion.com) to the users of our website shall be legally interpreted solely as an incentive on our part for the activity on the website in the form of a deduction of a part of the advertising income; they shall not be a subject of any claims of our users or our obligations, a subject of disputes, as well as cannot be considered in relation to the services provided to users by brokers, both in fact and in their completeness and volume. The administration of the website shall not be liable for the content of user comments and reviews about the companies and shall not verify whether the authors of the reviews are indeed real clients of a specific company. All reviews, both negative and positive are published on the website without verification of their reliability; only offensive reviews that call for violence or any kind of discrimination and also reviews published from one group of IP addresses are moderated and removed. The authors of the materials shall be fully liable for the accuracy, completeness and impartiality of any information in the articles and reviews, including in the context of their use or mention of any brand names or trademarks. All mentions of the names of companies and their brands in any materials on the website shall be made in the context of communication of socially important information to the people about their activities by independent journalists, who are the authors. All evaluations and indicators on the website express the subjective opinion of the authors of the reviews (articles) and shall not be viewed as accurate statements and be a subject of disputes and claims against Traders Union.
Disclosure of advertisers and revenues:

All the services on the Tradersunion.com website are free for you to use. Our team spends thousands of hours per annum researching brokers and gathering information about them to help investors all over the world to choose reliable companies and to avoid fraudsters.

Indeed, the curating, sourcing, and organization of this process requires substantial financial investment by Tradersunion.com, which the website earns in the form of advertising payments. There are two types of advertising services on the website — direct advertising or partner (broker) participation programs. However, no services purchased by our partners shall affect the recommendations on our website, or our opinions, or ratings. Our ratings are based on our objective rating criteria and methodology; and the results are always equally and fairly applied to each broker. The work of our content authors and research groups does not involve any interaction with our advertisers and they do not have access to data concerning the amount of advertising purchased. For over 10 years we consider our independence, absolute openness, and objectivity as our main priority. Please follow the links to each of our affiliated broker’s websites. This will help Tradersunion.com to continue to provide our services to you for free.