Energy Activity Tumbles in 4Q, KC Fed Survey Finds -- Market Talk

Dow Jones01-10

1156 ET - Energy activity in the middle of the U.S. fell sharply in the fourth quarter, and more contraction is on the horizon, the Federal Reserve Bank of Kansas City's quarterly survey shows. The Tenth District Energy Survey's key index of drilling and business activity comes in at minus 39 for the quarter, down from a third-quarter reading of minus 16 and hitting its lowest level since 2020 as revenue and profits continue to fall. Readings above zero indicate expansion, while those below zero show contraction. The survey's future drilling and business activity index, which covers expectations for the next six months, slides to minus 19 in the quarter from 0 in the third quarter. (colin.kellaher@wsj.com)

 

(END) Dow Jones Newswires

January 09, 2026 11:57 ET (16:57 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment