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Bearishness Plagues Oil as Matador Cuts Capex, Production Outlook

Summary by Hart Energy
Falling oil prices are forcing E&Ps to redraw spending plans. Matador Resources slashed its D&C spending by $100 million due to lower prices.
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Hart EnergyHart Energy

Bearishness Plagues Oil as Matador Cuts Capex, Production Outlook

Falling oil prices are forcing E&Ps to redraw spending plans. Matador Resources slashed its D&C spending by $100 million due to lower prices.

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Hart Energy broke the news in on Thursday, April 24, 2025.
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