The Dallas Fed Energy Survey fourth quarter report noted “that activity in the oil and gas sector edged lower in fourth quarter 2025. The business activity index, the survey’s broadest measure of the conditions energy firms face in the Eleventh District, remained negative, though relatively unchanged at -6.2 in the fourth quarter.
The company outlook index, while also still negative, improved slightly from -17.6 in the third quarter to -15.2, suggesting continuing pessimism among firms. Meanwhile, the outlook uncertainty index remained elevated and was relatively unchanged at 43.4. For details, click here.”
