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Signal · Commodities & Input Costs

Public companies produce most U.S. crude oil and natural gas

EIA Today in Energy Authoritative source Published 22nd September 2026 Global, US

What the source reported

Source-reported

Publicly traded companies represent a tiny share of the total number of companies producing crude oil and natural gas in the United States, but they make up a large share of U.S. production. In 2025, publicly traded companies accounted for just 2% of about 12,000 oil and natural gas producers but produced 68% of the crude oil and natural gas in the Lower 48 states.

Publication
EIA Today in Energy · Commodity/Energy Organisation
Published
22nd September 2026
Original report
eia.gov

ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.

What ProcIntel recorded

ProcIntel-derived
Category
Commodities & Input Costs
Geography
Global, US
Organisations
None identified
Collected
22nd September 2026 · 14:21

Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.

A provisional, automatically computed reading of this individual Signal, before Event extraction or human review. Not a final rating.

Significance 1 · Low
Confidence 2 · Low

Initial Significance Low (18.0/100). Strongest contributor: Procurement Impact (6.0/30 points). Limiting factor: Geographic Breadth (0.0/10 points). Initial Confidence Low (39.5/100, data sufficiency: Partial). Strongest contributor: Source Authority (28.0/40 points). Limiting factor: Corroboration (2.5/25 points).

Strongest contributor
Procurement Impact
Limiting factor
Geographic Breadth