Q2, run 2026-11-05-1515-sonnet-query
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
sql run 1
No. The only 2026 action on E01 is A03, an affirmation at BBB with a Negative outlook.
JSON: {"downgraded": "no"}
sql run 2
No. E01's only 2026 action was an affirmation at BBB with a Negative outlook (A03).
JSON: {"downgraded": "no"}
sql run 3
No. A03 (2026-02-10) only affirmed BBB and changed the outlook to Negative.
JSON: {"downgraded": "no"}
sql run 4
No. The only 2026 action for E01 is an affirmation (A03).
JSON: {"downgraded": "no"}
sql run 5
No. E01's only 2026 actions are affirmations (A03, A04), with BBB and a negative outlook.
JSON: {"downgraded": "no"}
sql+markdown run 1
No. The only 2026 Kestrel action, A03, is an affirmation with the outlook revised to Negative.
JSON: {"downgraded": "no"}
sql+markdown run 2
No. E01's only 2026 actions are A03 and A04, both affirmations; A03 changed the outlook to NEG, not the rating.
JSON: {"downgraded": "no"}
sql+markdown run 3
No. E01's only 2026 actions are affirmations (A03, A04); the outlook moved to NEG but the rating stayed BBB.
JSON: {"downgraded": "no"}
sql+markdown run 4
No. The only 2026 actions on E01 are A03 (affirmed, outlook moved to NEG) and A04 (short-term affirmed), and neither is a downgrade.
JSON: {"downgraded": "no"}
sql+markdown run 5
No. E01's only 2026 actions are the affirmations A03 and A04. A03 revised the outlook to NEG but did not change the rating.
JSON: {"downgraded": "no"}
sparql run 1
No. The only 2026 actions on E01 are affirmations (A03, A04); the outlook went to Negative but the rating stayed BBB.
JSON: {"downgraded": "no"}
sparql run 2
No. The only 2026 action on E01 is A03, an affirmation at BBB.
JSON: {"downgraded": "no"}
sparql run 3
No. A03 (2026-02-10) affirmed BBB and moved the outlook to Negative.
JSON: {"downgraded": "no"}
sparql run 4
No. The only 2026 action on E01 is an affirmation at BBB with a Negative outlook (A03).
JSON: {"downgraded": "no"}
sparql run 5
No. E01's only 2026 actions are affirmations (A03, A04), with the outlook moved to Negative.
JSON: {"downgraded": "no"}
sparql+ontology run 1
No. E01's only 2026 action (2026-02-10) was an affirmation with the outlook moved to Negative.
JSON: {"downgraded": "no"}
sparql+ontology run 2
No. E01's only 2026 action was an affirmation on 2026-02-10, which changed the outlook to Negative but not the rating.
JSON: {"downgraded": "no"}
sparql+ontology run 3
No. The only 2026 action on E01 is an affirmation (A03) that kept BBB and set the outlook to Negative.
JSON: {"downgraded": "no"}
sparql+ontology run 4
No. Kestrel's only 2026 action (A03) is an affirmation with a Negative outlook, not a downgrade.
JSON: {"downgraded": "no"}
sparql+ontology run 5
No. E01's only 2026 action, A03 (2026-02-10), is an affirmation (BBB, outlook Negative), which is not a downgrade.
JSON: {"downgraded": "no"}
sql+executed run 1
No. The only 2026 action on E01 was an affirmation with a Negative outlook (A03, BBB, 2026-02-10); the downgrade was in 2025 (A02).
JSON: {"downgraded": "no"}
sql+executed run 2
No. On 2026-02-10 only the outlook moved to Negative (A03), and the rating stayed BBB.
JSON: {"downgraded": "no"}
sql+executed run 3
No. E01's only 2026 action is an affirmation with a Negative outlook on 2026-02-10 (A03), and the rating stayed BBB.
JSON: {"downgraded": "no"}
sql+executed run 4
No. E01's only 2026 action was an affirmation on 2026-02-10 (A03, BBB with Negative outlook); the downgrade was in 2025 (A02).
JSON: {"downgraded": "no"}
sql+executed run 5
No. The only 2026 action was an affirmation on 2026-02-10 (A03). The rating stayed BBB and the outlook went to Negative.
JSON: {"downgraded": "no"}
sparql+axioms run 1
No. The only 2026 action, A03 (2026-02-10), affirmed BBB with a Negative outlook.
JSON: {"downgraded": "no"}
sparql+axioms run 2
No. The 2026-02-10 action (A03) was an affirmation with the outlook moved to Negative. The downgrade (A02) was in 2025.
JSON: {"downgraded": "no"}
sparql+axioms run 3
No. Kestrel's 2025-06-20 downgrade (A02) was in 2025, and the 2026-02-10 action (A03) was an affirmation with a Negative outlook.
JSON: {"downgraded": "no"}
sparql+axioms run 4
No. The only downgrade was A02 on 2025-06-20; A03 on 2026-02-10 affirmed BBB and set a Negative outlook.
JSON: {"downgraded": "no"}
sparql+axioms run 5
No. The only 2026 action on E01 is an affirmation at BBB (A03).
JSON: {"downgraded": "no"}