Richard
Stubbe
Hart Energy
USEDC’s Plans for $1B in Capex, M&A on Track as Oil Prices Stumble
Volatility won’t affect Permian Basin-focused U.S. Energy Development Corp.’s day-to-day operations or its plans for deals, CEO Jordan Jayson told Hart Energy.
Prairie Operating Hedged D-J Production Ahead of Market Downturn
Approximately 85% of Prairie’s remaining 2025 daily production is locked in at $68.27/bbl WTI and $4.28/MMBtu Henry Hub as part of a strategic hedging program, the company said.
EIA: Tariff Chaos, OPEC Output Increases Spell $57/bbl WTI in 2026
Energy Information Administration price estimates for 2025 and 2026 are bad news for producers—if they come to pass—as breakeven prices for operators, even in the Permian Basin, require between $61/bbl and $62/bbl to remain profitable.
CEOs: Sub-$60 WTI ‘a Mess’ but Tariffs ‘Had to Happen’
Some E&P leaders told Hart Energy the newly low oil prices aren’t good for business, while others said they will be fine in the long run.
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USEDC’s Plans for $1B in Capex, M&A on Track as Oil Prices Stumble
Volatility won’t affect Permian Basin-focused U.S. Energy Development Corp.’s day-to-day operations or its plans for deals, CEO Jordan Jayson told Hart Energy.
Prairie Operating Hedged D-J Production Ahead of Market Downturn
Approximately 85% of Prairie’s remaining 2025 daily production is locked in at $68.27/bbl WTI and $4.28/MMBtu Henry Hub as part of a strategic hedging program, the company said.
EIA: Tariff Chaos, OPEC Output Increases Spell $57/bbl WTI in 2026
Energy Information Administration price estimates for 2025 and 2026 are bad news for producers—if they come to pass—as breakeven prices for operators, even in the Permian Basin, require between $61/bbl and $62/bbl to remain profitable.
Oil Falls More Than 4% as Investors Reassess Trump's Tariff Flip
Oil prices fell by nearly $3/ bbl on April 10, wiping out the prior session's rally, as investors reassessed the details of a planned pause in sweeping U.S. tariffs and focus shifted to a deepening trade war between Washington and Beijing.
CEOs: Sub-$60 WTI ‘a Mess’ but Tariffs ‘Had to Happen’
Some E&P leaders told Hart Energy the newly low oil prices aren’t good for business, while others said they will be fine in the long run.
Oil Jumps 4% After Trump Pauses Tariffs on Many Countries, Raises China Levy
Oil prices bounced back after U.S. President Donald Trump said he would further increase tariffs on China but pause the tariffs he announced last week for most other countries.
Analysts: Will E&Ps Redraw Plans as WTI Dips Below $60/bbl?
As WTI hovers near $60/bbl, U.S. E&Ps could be pushed to drop rigs and cut drilling in exploratory resource plays, analysts say.
Oil Prices Slide 2% to Nearly 4-Yr Low as US Trade Conflict Fuels Recession Fears
After crude prices fell about 11% last week, the April 7 losses put both benchmarks on track for their lowest closes since mid-April 2021.
What's Affecting Oil Prices This Week? (April 7, 2025)
From an upside perspective – a favorable resolution of the tariffs will push the price of Brent crude to $75 and the price of WTI to $70.
Oil Prices Extend Losses on Global Trade War, Recession Fears
Investment bank JPMorgan said it now sees a 60% chance of a global economic recession by year-end, up from 40% previously.