Interdependence of investment attractiveness, and rated oil and gas companies
Study of the design scheme of ratings at leading agencies shows that the mechanisms of ranking are based on different systems or one and the same factor may be assigned different weights. Therefore, the ratings of the same company in the same span of time may differ in different agencies. Ratings represent an independent evaluation, but are not always able to provide timely and reliable information. Russian credit rating agencies in the beginning of their work. Recognition of the ratings being developed will require long-term teamwork of ratings agencies, banks, companies, and in order to enter the world market will need justification of the international regulator. The value of developing the domestic market ranking Institute is that analytical agencies accumulate knowledge and will have over time “critical mass” of expertise for a reliable assessment of the probability of default, drawing up an opinion on the risks of creditworthiness. Russian agencies contribute to the development of market institutions and in the near future will if not constitute competition to the “troika” of international agencies but will enhance transparency of the energy sector, taking into account the specificity of domestic business.