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Moody’s Talks - Outlook Connections

Episode 5
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December 8, 2020

Pandemic hurts oil, gas and auto firms’ capital spending, utilities less affected

Inside this episode:

Elena Nadtotchi and Matthias Heck of the Corporates team and Nana Hamilton of the Infrastructure team explore the outlook for global oil and gas producers, global auto makers, US regulated power utilities, and European unregulated utilities. The oil and gas and auto industries’ capital spending will come under pressure following a coronavirus-induced drop in revenues during 2020, although companies continue to invest in carbon transition. Utilities’ capital spending will remain robust because the pandemic has had less impact on them.

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