Texas primarily based U.S. Power Growth Company (USEDC) has introduced a plan to deploy as much as $1 billion in 2026.
In a launch despatched to Rigzone this week, the corporate stated it is going to construct on its momentum from 2025 to increase its portfolio of upstream property throughout the decrease 48, “capitalizing on a dynamic vitality market whereas sustaining a deal with growing high-quality tasks with trusted companions”.
USEDC revealed in its launch that, in 2026, the corporate will “focus the majority of its capital increasing its high-quality stock within the Permian Basin”.
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“The corporate will proceed to use selective, stress-tested evaluation, prioritizing capital self-discipline, free money movement visibility, and operational management the place applicable,” it added.
USEDC stated its 2026 capital deployment plans “mirror the agency’s continued self-discipline in balancing market situations and alternative with monetary diligence”.
In its launch, USEDC highlighted that the corporate introduced a $1 billion deployment in 2025 and a virtually $800 million deployment in 2024.
“In 2025, we deployed greater than $1 billion on behalf of ourselves and our companions together with the biggest transaction in agency historical past,” USEDC Chairman and CEO Jordan Jayson stated.
“Our 2026 technique to construct on that momentum is easy: keep disciplined, keep selective, and deploy capital the place the basics align,” he added.
“Our monetary power and technical depth allow us to guage a whole bunch of offers annually, figuring out these with sound economics and manageable danger profiles,” he continued.
Matthew Iak, President of Capital Markets at USEDC, stated within the launch, “from the capital markets seat, our focus is repeatable, dependable asset choice and disciplined capital allocation”.
“With our sturdy monetary basis and longstanding trade relationships, we stay selective and deliberate – all the time prioritizing our traders and companions. Our 2026 plan is designed to carry out throughout a spread of market situations,” he added.
In a launch posted on its website in February final yr, USEDC introduced plans to deploy as much as $1 billion throughout 2025, “primarily within the Permian Basin”.
The corporate famous in that launch that its announcement adopted a “report breaking yr throughout which USEDC deployed almost $800 million into operated and non-operated tasks”.
“In 2024, USEDC evaluated over 220 alternatives and accomplished 29 transactions each will increase from 2023 totals,” the corporate stated within the launch.
“The corporate additionally improved value effectivity, seeing reductions in value per lateral foot whereas sustaining sturdy productiveness,” it added.
“In 2023, USEDC closed 19 transactions and deployed almost $600 million, most within the Permian Basin, with different tasks within the Barnett, Haynesville, and Powder River basins,” it continued.
In a launch posted on its website in September 2025, USEDC introduced the appointment of Howard Home as Senior Vice President and Chief Strategic Officer, together with the opening of a Houston workplace.
“Howard brings distinctive depth of expertise and strategic perception to U.S. Power,” Jayson stated in that launch.
“As we anticipate deploying $1 billion in capital over the following 12-18 months, M&A will probably be a central driver of our progress technique. Howard’s monitor report in mergers and acquisitions is second to none – he understands Houston, he understands Texas, and he possesses intensive data of the trade,” he added.
“Simply as vital, he’s constructed trusted, long-standing relationships throughout the vitality group. That uncommon mixture of deal-making experience and trade credibility is strictly what we’d like as we strengthen our footprint in Houston,” he stated.
USEDC describes itself as a privately held exploration and manufacturing agency that manages property for itself and its companions. The corporate is headquartered within the Dallas-Fort Price metro space. It has invested in, operated, and/or drilled roughly 4,000 wells in 13 states and Canada and deployed greater than $4 billion on behalf of itself and its companions, in keeping with its newest launch.
To contact the writer, electronic mail andreas.exarheas@rigzone.com
