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Stock impact report

USEDC Provides Year-to-Date Oil and Gas Market Update and Post-Election Outlook [Yahoo! Finance]

U.S. Energy Corp. (USEG) 
US:NASDAQ Investor Relations: usedc.com/financial-advisors-investors
Company Research Source: Yahoo! Finance
ARLINGTON, Texas Dec. 4, 2024 /PRNewswire/ -- U.S. Energy Development Corporation (USEDC ), an exploration and production company focused on the development of energy projects throughout North America , provides its outlook on the oil and gas markets in the wake of Donald Trump's successful presidential bid and the Republican party securing control of the U.S. Senate and House of Representatives. Year-to-Date Highlights Deal Flow: Evaluated over 800 oil and gas opportunities, with strong deal flow continuing into Q4. Capital Deployment: On track to deploy 100% of the projected $750 million announced earlier this year. Focus Areas: Continued investments in the Permian Basin, recognized as one of the premier regions for predictable productivity and returns. Improved Efficiencies: U.S. Energy continues to see wells decrease in cost per lateral foot while maintaining productivity, driving margin expansion. Matthew Iak , USEDC Executive Vice President, provides the following i Show less Read more
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