Q16, run 2026-11-05-1233-haiku

Has Marlow Utilities' rating changed since 1 January 2025?

Tests: Watch versus rating: a Watch placement and an affirmation leave the rating where it was.

Expected: changed = no

✅ R1 csv run 1 graded by code

No. The rating stayed BBB+ (A36, A33); only a Rating Watch Negative was placed (A35).

JSON: {"changed": "no"}

✅ R1 csv run 2 graded by code

No. Marlow was BBB+ on 1 January 2025 and is still BBB+. Its rating watch from A35 (2025-11-20) doesn't change the rating.

JSON: {"changed": "no"}

✅ R1 csv run 3 graded by code

No. The rating was BBB+ from 2024-09-30 onward, and the later actions (A35 watch, A33 affirmation) did not change it.

JSON: {"changed": "no"}

✅ R1 csv run 4 graded by code

No. The rating has been BBB+ since A36 (2024-09-30). Later actions A35 (watch) and A33 (affirmation) left it unchanged.

JSON: {"changed": "no"}

✅ R1 csv run 5 graded by code

No. The rating stayed BBB+. A35 placed the rating on watch (2025-11-20) and A33 (2026-05-01) affirmed it, so only the watch status changed.

JSON: {"changed": "no"}

✅ R2 rdf run 1 graded by code

No. Marlow's rating has been BBB+ since 2024-09-30 (A36). The later actions are a rating watch (A35) and an affirmation (A33), neither of which changed the rating.

JSON: {"changed": "no"}

✅ R2 rdf run 2 graded by code

No. The rating stayed at BBB+ (A36, A35, A33), though a Rating Watch Negative was added on 2025-11-20 (A35).

JSON: {"changed": "no"}

✅ R2 rdf run 3 graded by code

No
Marlow Utilities' BBB+ rating (A36) was affirmed on 2026-05-01 (A33), and the only action since 2025-01-01 besides that is the Rating Watch (A35), which does not change the rating.

JSON: {"changed": "no"}

✅ R2 rdf run 4 graded by code

No. The rating stayed BBB+ (A36); A35 (RW) is a watch placement and A33 (AF) is an affirmation.

JSON: {"changed": "no"}

✅ R2 rdf run 5 graded by code

No. A36 (BBB+) is still current; A35 added a watch and A33 affirmed BBB+.

JSON: {"changed": "no"}

✅ R6 rdf+ontology run 1 graded by code

No. The rating has been BBB+ since A36; A35 (watch) and A33 (affirmation) left it unchanged.

JSON: {"changed": "no"}

✅ R6 rdf+ontology run 2 graded by code

No
Marlow was BBB+ on 2025-01-01 (A36). The later actions, A35 (Watch) and A33 (affirmation), left it at BBB+.

JSON: {"changed": "no"}

✅ R6 rdf+ontology run 3 graded by code

No. The rating stayed BBB+ across A35 (watch placed), and A33 (affirmed); neither changed it.

JSON: {"changed": "no"}

✅ R6 rdf+ontology run 4 graded by code

**No.** The rating was BBB+ on 2025-01-01 (A36) and is still BBB+ (A33); the 2025-11-20 Rating Watch (A35) is not a rating change.

JSON: {"changed": "no"}

✅ R6 rdf+ontology run 5 graded by code

No
Marlow was BBB+ on 2025-01-01 (A36) and is still BBB+ (A33, AF, 2026-05-01). The 2025 Rating Watch (A35) did not change the rating.

JSON: {"changed": "no"}

✅ R5 csv+ontology run 1 graded by code

No. The rating stayed at BBB+; A35 (watch) and A33 (affirmation) did not change it.

JSON: {"changed": "no"}

✅ R5 csv+ontology run 2 graded by code

No. Marlow's rating was BBB+ on 1 Jan 2025 (A36) and is still BBB+ (A33). The Rating Watch from A35 does not change the rating.

JSON: {"changed": "no"}

✅ R5 csv+ontology run 3 graded by code

No. The rating was BBB+ on 1 Jan 2025 (A36) and is still BBB+ (A33, affirmed 2026-05-01).

JSON: {"changed": "no"}

✅ R5 csv+ontology run 4 graded by code

No. The rating was BBB+ on 1 Jan 2025 (A36) and is still BBB+ (A33); A35 and A33 did not change it.

JSON: {"changed": "no"}

✅ R5 csv+ontology run 5 graded by code

No. The rating stayed at BBB+ from 2024-09-30 (A36) onward, and the 2025-11-20 Rating Watch (A35) did not change it.

JSON: {"changed": "no"}

✅ R4 csv+markdown run 1 graded by code

No. The rating was BBB+ on 1 Jan 2025 (A36) and is still BBB+ (A33, affirmed).

JSON: {"changed": "no"}

✅ R4 csv+markdown run 2 graded by code

No. E14 was BBB+ on 1 Jan 2025 (A36) and is BBB+ now (A33). The 2025 Rating Watch (A35) did not change the rating.

JSON: {"changed": "no"}

✅ R4 csv+markdown run 3 graded by code

No. The rating was BBB+ on 2025-01-01 and is BBB+ now; A35 and A33 changed the watch and outlook, not the rating.

JSON: {"changed": "no"}

✅ R4 csv+markdown run 4 graded by code

No. The rating on 2025-01-01 was BBB+ (A36), and the current rating is still BBB+ (A33, AF). The Rating Watch (A35) does not change the rating.

JSON: {"changed": "no"}

✅ R4 csv+markdown run 5 graded by code

No. The rating was BBB+ from 2024-09-30 (A36) and was affirmed or placed on Watch without change in A35 and A33.

JSON: {"changed": "no"}

✅ R3 csv+padding run 1 graded by code

No. The rating stayed BBB+ throughout (A36, A35, A33); only the watch status changed.

JSON: {"changed": "no"}

✅ R3 csv+padding run 2 graded by code

No. The rating stayed at BBB+ after 2024-09-30 (A36); the RWN placed on 2025-11-20 (A35) is a watch, not a rating change.

JSON: {"changed": "no"}

✅ R3 csv+padding run 3 graded by code

No. The rating stayed at BBB+ from 2024-09-30 onwards; the 2025-11-20 action (A35) only placed it on watch.

JSON: {"changed": "no"}

✅ R3 csv+padding run 4 graded by code

No. E14's rating stayed at BBB+ after 1 Jan 2025; A35 placed it on RWN without changing the rating, and A33 affirmed it.

JSON: {"changed": "no"}

✅ R3 csv+padding run 5 graded by code

No. The rating stayed at BBB+ (A36 before the cutoff; A35 placed it on RWN and A33 affirmed it). Only the watch status changed.

JSON: {"changed": "no"}

✅ R10 executed run 1 graded by code

No. The rating stayed BBB+ through 2025 and 2026 (A35, A33); only the watch and outlook/action flags changed. This assumes "changed" means the rating symbol.

JSON: {"changed": "no"}

✅ R10 executed run 2 graded by code

No. E14's rating stayed BBB+ throughout. Its watch (A35) and affirmation (A33) changed, but not the rating symbol.

JSON: {"changed": "no"}

✅ R10 executed run 3 graded by code

No. E14 stayed at BBB+ from 2024-09-30 onward; the RWN (A35) and AF (A33) actions changed only the watch status and outlook.

JSON: {"changed": "no"}

✅ R10 executed run 4 graded by code

No. E14 stayed at BBB+ from 2024-09-30 onward; the 2025-11-20 Rating Watch (A35) did not change the rating.

JSON: {"changed": "no"}

✅ R10 executed run 5 graded by code

No. Marlow Utilities has held BBB+ since 2024-09-30 (A36); the 2025-11-20 and 2026-05-01 actions changed watch and outlook only.

JSON: {"changed": "no"}

✅ R7 csv+neutral run 1 graded by code

No. The rating was BBB+ on 1 Jan 2025 (A36) and is still BBB+ after the affirmation on 2026-05-01 (A33, E14). The Rating Watch placement and its later affirmation did not change the rating.

JSON: {"changed": "no"}

✅ R7 csv+neutral run 2 graded by code

No. The rating was BBB+ from A36 onwards, and A35 (Watch) and A33 (affirmed) did not change it.

JSON: {"changed": "no"}

✅ R7 csv+neutral run 3 graded by code

No. Marlow's rating stayed at BBB+ from 2024-09-30 onward (A36, A35, A33). The 2025 Watch (A35) and affirmation (A33) did not change it.

JSON: {"changed": "no"}

✅ R7 csv+neutral run 4 graded by code

No
Marlow has been BBB+ since the 2024-09-30 downgrade (A36). The 2025-11-20 Rating Watch (A35) and the 2026-05-01 affirmation (A33) do not change the rating.

JSON: {"changed": "no"}

✅ R7 csv+neutral run 5 graded by code

No. The rating has stayed at BBB+ since 2024-09-30 (A36). The 2025 and 2026 actions (A35, A33) didn't change it.

JSON: {"changed": "no"}

✅ R8 csv+axioms run 1 graded by code

No. Marlow was BBB+ on 2025-01-01 (A36) and is still BBB+ (A33); the later RW (A35) did not change the rating.

JSON: {"changed": "no"}

✅ R8 csv+axioms run 2 graded by code

No. Marlow stayed at BBB+ (A36), and the later actions were a watch placement (A35) and an affirmation (A33), neither of which changed the rating.

JSON: {"changed": "no"}

✅ R8 csv+axioms run 3 graded by code

No. E14's rating was BBB+ on 1 January 2025 (A36), and the only later actions are a watch placement at BBB+ (A35) and an affirmation at BBB+ (A33).

JSON: {"changed": "no"}

✅ R8 csv+axioms run 4 graded by code

No. Marlow has been BBB+ since 2024-09-30 (A36), and the 2025-11-20 watch placement (A35) did not change the rating.

JSON: {"changed": "no"}

✅ R8 csv+axioms run 5 graded by code

No
E14's rating was BBB+ from 2024-09-30 and is still BBB+ (A33). A35 placed it on watch without changing the rating.

JSON: {"changed": "no"}

✅ R9 csv+axioms+markdown run 1 graded by code

No. Marlow was at BBB+ from A36 through A33 (affirmed BBB+, 2026-05-01), and A35 (Rating Watch, 2025-11-20) does not change the rating.

JSON: {"changed": "no"}

✅ R9 csv+axioms+markdown run 2 graded by code

No. The rating on 1 Jan 2025 was BBB+ (A36), and the current rating is still BBB+ (A33). The 2025 Rating Watch (A35) did not change it.

JSON: {"changed": "no"}

✅ R9 csv+axioms+markdown run 3 graded by code

No. E14 has been BBB+ since A36, and the later actions are a watch placement (A35, no change) and an affirmation (A33).

JSON: {"changed": "no"}

✅ R9 csv+axioms+markdown run 4 graded by code

No. The rating was BBB+ on 1 Jan 2025 (A36) and is still BBB+ (A33). A35 placed it on watch without changing the rating.

JSON: {"changed": "no"}

✅ R9 csv+axioms+markdown run 5 graded by code

No. E14 was BBB+ on 2025-01-01 (A36) and is still BBB+ (A33). The watch in A35 did not change the rating.

JSON: {"changed": "no"}