Moody's announces completion of a periodic review of ratings of FTS International, Inc.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of FTS International, Inc.. Global Credit Research- 26 Apr 2019. New York, April 26, 2019-- Moody's Investors Service has completed a periodic review of the ratings of FTS International, Inc. and other ratings that are associated with the same analytical unit.FTS International is a provider of hydraulic fracturing services in North America. The company's services improve hydrocarbon flow from oil and natural gas wells drilled by exploration and production (E&P) companies in shale and other resource formations. The company manufactures and refurbishes several of the components used by its fleets. The company's primary service offering is providing hydraulic fracturing services, also known as pressure pumping, to oil and natural gas E&P companies. The company's wireline services primarily consist of setting plugs between hydraulic fracturing stages, creating perforations within hydraulic fracturing stages and logging the characteristics of resource formations.
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