Q2, run 2026-11-05-1233-haiku
Has Kestrel Energy been downgraded in 2026?
Tests: Outlook versus rating: an affirmation with a negative outlook is not a rating change.
Expected: downgraded = no
csv run 1
No. The 2026 actions on E01 (A03, A04) are affirmations, not downgrades.
JSON: {"downgraded": "no"}
csv run 2
No. The only 2026 actions on E01 are affirmations (A03 LTIDR, A04 STIDR).
JSON: {"downgraded": "no"}
csv run 3
No. E01's 2026 actions (A03, A04) are affirmations, and the last downgrade was A02 in 2025.
JSON: {"downgraded": "no"}
csv run 4
No. E01's 2026 actions are affirmations (A03, A04) with no downgrade.
JSON: {"downgraded": "no"}
csv run 5
No. The 2026 actions on E01 (A03, A04) are affirmations, not downgrades.
JSON: {"downgraded": "no"}
rdf run 1
No. E01's 2026 actions (A03, A04) are affirmations, and only the outlook changed to negative.
JSON: {"downgraded": "no"}
rdf run 2
No. The only 2025 downgrade is A02 (BBB, 2025-06-20), and the 2026 actions (A03, A04) are affirmations.
JSON: {"downgraded": "no"}
rdf run 3
No
The 2026 actions on E01 are an affirmation at BBB with a negative outlook (A03) and a new short-term F2 (A04), and neither is a downgrade.
JSON: {"downgraded": "no"}
rdf run 4
No. The 2026 actions on E01 are A03 and A04, both affirmations (AF).
JSON: {"downgraded": "no"}
rdf run 5
No. The 2026 actions on E01 are A03 (BBB affirmed, outlook moved to negative) and A04 (F2 affirmed).
JSON: {"downgraded": "no"}
rdf+ontology run 1
No. 2026 actions on E01 are affirmations (A03 BBB, A04 F2 short-term), with no downgrade.
JSON: {"downgraded": "no"}
rdf+ontology run 2
No
The only 2026 actions on E01 are affirmations: A03 (BBB, outlook NEG) and A04 (short-term F2).
JSON: {"downgraded": "no"}
rdf+ontology run 3
No. The only 2026 actions on E01 are affirmations: A03 (LTIDR BBB, outlook to NEG) and A04 (STIDR F2), and an outlook change is not a downgrade.
JSON: {"downgraded": "no"}
rdf+ontology run 4
**No.** The 2026 actions are affirmations (A03 BBB, with a negative outlook; A04 F2), not downgrades; the last downgrade was A02 (2025-06-20).
JSON: {"downgraded": "no"}
rdf+ontology run 5
No
The only 2026 actions on E01 are affirmations (A03 BBB, which moved the outlook to negative, and A04 F2). Neither is a downgrade.
JSON: {"downgraded": "no"}
csv+ontology run 1
No. The 2026 actions on E01 (A03, A04) are affirmations, and the only downgrade is A02 in 2025.
JSON: {"downgraded": "no"}
csv+ontology run 2
No. The only 2026 actions on E01 are affirmations (A03, A04); the downgrade was A02 in 2025.
JSON: {"downgraded": "no"}
csv+ontology run 3
No. The 2026 actions on E01 (A03, A04) are affirmations, not downgrades.
JSON: {"downgraded": "no"}
csv+ontology run 4
No. The 2026 actions on E01 are affirmations (A03, A04), and the only downgrade is A02 in 2025.
JSON: {"downgraded": "no"}
csv+ontology run 5
No. Its 2026 actions (A03, A04) are affirmations, not downgrades; the only downgrade is A02 on 2025-06-20.
JSON: {"downgraded": "no"}
csv+markdown run 1
No. Its 2026 actions (A03, A04) are affirmations.
JSON: {"downgraded": "no"}
csv+markdown run 2
No. The only 2025 downgrade of E01 is A02 (2025-06-20); the 2026 action A03 is an affirmation with a Negative outlook.
JSON: {"downgraded": "no"}
csv+markdown run 3
No. The only 2026 actions on E01 are affirmations (A03, A04).
JSON: {"downgraded": "no"}
csv+markdown run 4
No. A03 (2026-02-10) is an affirmation (AF) at BBB with a negative outlook, and A04 is a short-term affirmation.
JSON: {"downgraded": "no"}
csv+markdown run 5
No. The 2026 actions on E01 are A03 (affirmed BBB, Negative outlook) and A04 (affirmed F2), neither a downgrade.
JSON: {"downgraded": "no"}
csv+padding run 1
No. The only 2026 actions on E01 are affirmations (A03, A04); the last downgrade was A02 in 2025.
JSON: {"downgraded": "no"}
csv+padding run 2
No. The only 2026 actions on E01 are affirmations (A03, A04); the outlook moved to negative, which is not a downgrade.
JSON: {"downgraded": "no"}
csv+padding run 3
No. The only 2026 actions on E01 are an affirmation at BBB with negative outlook (A03) and an F2 short-term affirmation (A04); the downgrade was in 2025 (A02).
JSON: {"downgraded": "no"}
csv+padding run 4
No. The only 2026 E01 actions are affirmations (A03 at BBB with NEG outlook, A04 at F2), and the downgrade in A02 was in 2025.
JSON: {"downgraded": "no"}
csv+padding run 5
No. The only 2026 actions on E01 are affirmations (A03, A04), and the downgrade was on 2025-06-20 (A02).
JSON: {"downgraded": "no"}
executed run 1
No. E01's FC rating stayed at BBB from 2025-06-20 (A02) onward; the 2026 change (A03, A04) was to outlook and short-term rating only.
JSON: {"downgraded": "no"}
executed run 2
No. The 2026-02-10 change (A03) was an affirmation (AF) that moved the outlook to NEG while the rating stayed BBB. The last downgrade was in June 2025 (A02).
JSON: {"downgraded": "no"}
executed run 3
No. E01 was downgraded from A- to BBB on 2025-06-20 (A02), and the 2026-02-10 change (A03) only moved the outlook to NEG at the same BBB rating.
JSON: {"downgraded": "no"}
executed run 4
No. E01's FC rating was BBB from 2025-06-20 and is unchanged in 2026; the 2026-02-10 record (A03) only moved the outlook to NEG.
JSON: {"downgraded": "no"}
executed run 5
No. The only 2026 action (A03, 2026-02-10) kept the rating at BBB and changed the outlook to NEG; the downgrade to BBB was in 2025 (A02).
JSON: {"downgraded": "no"}
csv+neutral run 1
No. Kestrel's only 2026 actions are an affirmation of BBB with a Negative outlook (A03) and an affirmation of F2 (A04), so none is a downgrade.
JSON: {"downgraded": "no"}
csv+neutral run 2
No. The 2026 actions on E01 are affirmations (A03, A04) with no downgrade; the only downgrade is A02 in 2025.
JSON: {"downgraded": "no"}
csv+neutral run 3
No. The only 2026 actions on E01 are affirmations (A03, A04), and the downgrade (A02) was in 2025.
JSON: {"downgraded": "no"}
csv+neutral run 4
No
The only 2026 actions on E01 are affirmations (A03, A04), and affirmation is not a downgrade.
JSON: {"downgraded": "no"}
csv+neutral run 5
No. Kestrel's only 2026 actions are an affirmation of BBB (A03) and of F2 short-term (A04).
JSON: {"downgraded": "no"}
csv+axioms run 1
No. Kestrel's 2026 actions are affirmations (A03, A04), and its only downgrade is A02 (2025).
JSON: {"downgraded": "no"}
csv+axioms run 2
No. Kestrel's only 2026 actions are an affirmation of BBB with negative outlook (A03) and an affirmation of F2 (A04).
JSON: {"downgraded": "no"}
csv+axioms run 3
No. E01's 2026 actions are an affirmation at BBB with negative outlook (A03) and an affirmation of its short-term rating (A04).
JSON: {"downgraded": "no"}
csv+axioms run 4
No. Kestrel's 2026 actions are only affirmations (A03, A04).
JSON: {"downgraded": "no"}
csv+axioms run 5
No
The only 2026 actions on E01 are affirmations (A03, A04), with no downgrade.
JSON: {"downgraded": "no"}
csv+axioms+markdown run 1
No. E01's 2026 actions are A03 and A04, both affirmations.
JSON: {"downgraded": "no"}
csv+axioms+markdown run 2
No. The only 2026 actions on E01 are affirmations (A03, A04).
JSON: {"downgraded": "no"}
csv+axioms+markdown run 3
No. E01's 2026 actions are affirmations (A03, A04); its only downgrade (A02) was in 2025.
JSON: {"downgraded": "no"}
csv+axioms+markdown run 4
No. E01's 2026 actions are A03 and A04, both affirmations.
JSON: {"downgraded": "no"}
csv+axioms+markdown run 5
No. E01's 2026 actions are A03 (AF) and A04 (AF), with no downgrade.
JSON: {"downgraded": "no"}