Últimas noticias sobre Akoustis Technologies (OTC:AKTSQ) Bolsa

Akoustis Technologies Inc is an emerging commercial product company focused on developing, designing, and manufacturing innovative RF filter solutions for the wireless industry, including for products such as smartphones and tablets, network infrastructure equipment, WiFi Customer Premise Equipment and defense applications. The company has developed a proprietary microelectromechanical system based bulk acoustic wave technology and a unique manufacturing process flow, called XBAW, for filters produced for use in RFFE modules. The company derives revenue from the sale of filter products under individual customer purchase orders, some of which have underlying master sales agreements that specify terms governing the product sales.

AKOUSTIS TECHNOLOGIES INC by Akoustis Technologies, Inc.

Akoustis Technologies Inc

Baird analyst Peter Arment initiates coverage on Karman Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRMN#NYSE">KRMN</a>) with a Outperform rating and announces Price Target of $40.

News

Price Target

Initiation

Analyst Ratings

KRMN

Baird Initiates Coverage On Karman Holdings with Outperform Rating, Announces Price Target of $40

Danaher 's Beckman Coulter Announces FDA Clearance Of Its DxC 500i Clinical Analyzer

Rand Capital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RAND#NASDAQ">RAND</a>) reported quarterly earnings of $0.45 per share. This is a 12.5 percent increase over earnings of $0.40 per share from the same period last year. The company reported $2.14 million in sales this quarter. This is a 10.73 percent increase over sales of $1.93 million the same period last year.

Earnings

RAND

Rand Capital Q4 Adj $0.45 Up From $0.40 YoY, Sales $2.14M Up From $1.93M YoY

WIIM

CKPT

Checkpoint Therapeutics shares are trading higher after Sun Pharma announced it will acquire the company in a $365 million deal.

ARWR

Arrowhead Pharmaceuticals shares are trading lower after the company announced its topline results from part 2 of phase 1/2 study of aro-c3 in patients with iga nephropathy.

Kohl&#8217;s Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KSS#NYSE">KSS</a>) will release its fourth-quarter financial results before the opening <a href="https://www.benzinga.com/quote/KSS/earnings">bell on Tuesday, March 11</a>.
Analysts expect the company to report quarterly earnings at 77 cents per share, down from $1.67 per share in the year-ago period. Kohl&#8217;s projects quarterly revenue of $5.18 billion, compared to $5.71 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On March 5, Telsey Advisory Group analyst Dana Telsey maintained Kohl&#8217;s with a Market Perform rating and lowered the price target from $17 to $13.
With the recent buzz around Kohl&#8217;s, some investors may be eyeing potential gains from the company's dividends too. As of now, Kohl&#8217;s offers an annual dividend yield of 16.38%, which is a quarterly dividend amount of 50 cents per share ($2.00 a year).
To figure out how to earn $500 monthly from Kohl&#8217;s, we start with the yearly target of $6,000 ($500 x 12 months).
Next, we take this amount and divide it by Kohl&#8217;s $2.00 dividend: $6,000 / $2.00 = 3,000 shares.
So, an investor would need to own approximately $36,630 worth of Kohl&#8217;s, or 3,000 shares to generate a monthly dividend income of $500.
Assuming a more conservative goal of $100 monthly ($1,200 annually), we do the same calculation: $1,200 / $2.00 = 600 shares, or $7,326 to generate a monthly dividend income of $100.
Note that dividend yield can change on a rolling basis, as the dividend payment and stock price both fluctuate over time.
The dividend yield is calculated by dividing the annual dividend payment by the current stock price. As the stock price changes, the dividend yield will also change.
For example, if a stock pays an annual dividend of $2 and its current price is $50, its dividend yield would be 4%. However, if the stock price increases to $60, the dividend yield would decrease to 3.33% ($2/$60).
Conversely, if the stock price decreases to $40, the dividend yield would increase to 5% ($2/$40).
Further, the dividend payment itself can also change over time, which can also impact the dividend yield. If a company increases its dividend payment, the dividend yield will increase even if the stock price remains the same. Similarly, if a company decreases its dividend payment, the dividend yield will decrease.
KSS Price Action: Shares of Kohl&#8217;s gained by 8.7% to close at $12.21 on Friday.
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<iframe loading="lazy" title="How to Find Dividend Stocks: Scan, Analyze, and Capture with Benzinga Pro" width="500" height="281" src="https://www.youtube.com/embed/pVF0O2lsEH4?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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Read More: 
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<li><a href="https://www.benzinga.com/news/earnings/25/03/44189784/how-to-earn-500-a-month-from-oracle-stock-ahead-of-q3-earnings">How To Earn $500 A Month From Oracle Stock Ahead Of Q3 Earnings</a></li>
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Photo: Shutterstock

Long Ideas

Markets

Trading Ideas

How To Earn $500 A Month From Kohl's Stock Ahead Of Q4 Earnings

After President Donald Trump imposed an additional 10% levy on Chinese imports, China has retaliated with tariffs on major agricultural imports from the U.S. Many agricultural product manufacturers, suppliers, and related businesses are likely to be impacted by this move.
What Happened: China&#8217;s newly imposed tariffs will take effect from March 10, whereas the goods already in transit will be exempt until April 12, according to the Chinese Commerce Ministry.
These latest measures from Beijing target about $22 billion of American agriculture products that include one of its largest export worth $12 billion to China — Soybeans, <a href="https://www.ft.com/content/da80beaf-d916-4125-a9bc-040a1f15942e?ref=biztoc.com">reported</a> FT. Chicken, pork, beef, corn, seafood, and cotton are among the 740 items with newly imposed tariffs.
These Chinese tariffs on agricultural products emerged after Trump&#8217;s joint Congress address, where he said that his tariff polices focused on protecting the American farmers.
&#8220;Because those goods that come in from other countries and companies, they're really, really in a bad position in so many different ways. They're uninspected. They may be very dirty and disgusting and they come in and they pour in and they hurt our American farmers,&#8221; said Trump at the Congress address. 
Following this, Beijing also halted U.S. timber imports, citing pest infestations such as recent detections of bark beetles and longhorn beetles.
Here&#8217;s a list of public companies involved with the manufacturing and supply of soybeans that could be impacted following China&#8217;s tariffs.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Stocks</td>
<td>YTD Performance</td>
<td>One Year Performance</td>
</tr>
<tr>
<td>Seaboard Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEB#NYSE">SEB</a>)</td>
<td>22.89%</td>
<td>-6.81%</td>
</tr>
<tr>
<td>Corteva Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTVA#NYSE">CTVA</a>)</td>
<td>7.49%</td>
<td>9.93%</td>
</tr>
<tr>
<td>Norfolk Southern Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NSC#NYSE">NSC</a>)</td>
<td>3.25%</td>
<td>-6.21%</td>
</tr>
<tr>
<td>Archer-Daniels-Midland Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADM#NYSE">ADM</a>)</td>
<td>-1.55%</td>
<td>-9.96%</td>
</tr>
<tr>
<td>Bunge Global SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BG#NYSE">BG</a>)</td>
<td>-2.54%</td>
<td>-19.41%</td>
</tr>
</tbody>
</table>
</figure>
Here is the list of common agricultural industry exposed exchange-traded funds that could bear the brunt of tariffs on all 740 items.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>ETFs</td>
<td>YTD Performance</td>
<td>One Year Performance</td>
</tr>
<tr>
<td>Teucrium Soybean Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOYB#NYSE">SOYB</a>)</td>
<td>-0.07%</td>
<td>-13.66%</td>
</tr>
<tr>
<td>Global X AgTech &amp; Food Innovation ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KROP#NASDAQ">KROP</a>)</td>
<td>6.98%</td>
<td>-4.02%</td>
</tr>
<tr>
<td>VanEck Agribusiness ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOO#NYSE">MOO</a>)</td>
<td>7.55%</td>
<td>-5.06%</td>
</tr>
<tr>
<td>First Trust Nasdaq Food &amp; Beverage ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTXG#NASDAQ">FTXG</a>)</td>
<td>3.82%</td>
<td>-0.62%</td>
</tr>
<tr>
<td>iShares MSCI Agriculture Producers ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VEGI#NYSE">VEGI</a>)</td>
<td>7.06%</td>
<td>2.50%</td>
</tr>
</tbody>
</table>
</figure>
See Also: <a href="https://www.benzinga.com/25/03/44213521/us-economic-slowdown-talk-of-the-town-says-economist-mohamed-el-erian-as-fed-chair-powell-reaffirms-growth-at-sol" target="_blank" rel="noreferrer noopener">US Economic Slowdown ‘Talk Of The Town,' Says Economist Mohamed El-Erian As Fed Chair Powell Reaffirms Growth At ‘Solid Pace'</a>
Why It Matters: While tariffs are inherently considered to be inflationary, some analysts have opined otherwise. According to Louis Navellier of Navellier &amp; Associates, "The anxiety over tariffs may be holding back some consumers, but I want to assure you that I do not expect most tariffs to be inflationary. As an example, the tariffs that have been imposed on China are expected to be suppressed by Chinese deflation as well as a weak Chinese yuan."
On Sunday, Trump acknowledged the potential of short-term turbulence and didn&#8217;t rule out recession stemming from his economic agenda. In a Fox News <a href="https://www.youtube.com/watch?v=LoRzZWLHa8M">interview</a>, he said, "I hate to predict things like that" and called the changes being brought about by his administration as "very big."
However, Commerce Secretary Howard Lutnick dismissed recession fears, saying the U.S. is in a &#8220;transition&#8221; as President Trump plans broad reciprocal tariffs. "There's going to be no recession… Global tariffs will drop," Lutnick <a href="https://www.nbcnews.com/politics/trump-administration/commerce-secretary-lutnick-americans-shouldnt-brace-recession-rcna195522">told</a> NBC's Meet the Press.
Additionally, Treasury Secretary Scott Bessent <a href="https://www.cnbc.com/2025/03/07/cnbc-transcript-united-states-treasury-secretary-scott-bessent-speaks-with-cnbcs-squawk-box-today.html">warned</a> Friday that the U.S. economy is overly dependent on government spending, predicting a &#8220;detox period.&#8221;
Price Action: The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, fell in premarket on Monday. SPY lost 1.29% to fall at $568.50 level, and QQQ declined 1.47% to $484.55, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/03/44214169/mark-zuckerbergs-meta-platforms-a-lucrative-bet-as-investors-favor-less-leveraged-tech-stocks-says-expert-amid-mag7s-2025-underperformance" target="_blank" rel="noreferrer noopener">Mark Zuckerberg's Meta Platforms A Lucrative Bet As ‘Investors Favor Less Leveraged Tech Stocks,' Says Expert Amid Mag7's 2025 Underperformance</a></li>
</ul>
Photo courtesy: Shutterstock

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Market Summary

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Global

Economics

CTVA

FTXG

KROP

SOYB

VEGI

China Hits Its Largest US Import, Soybeans, With Tariffs Along With Other Agricultural Products: Here's A List Of Stocks, ETFs That Could Be Impacted

CMND

SPRC

SciSparc and Clearmine Medicine shares are trading higher after announcing their collaboration led to a patent application in South Korea for psychedelic therapy targeting cocaine addiction.

Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) shares are trading lower premarket on Monday.
On Friday, S&amp;P Dow Jones Indices announced that Palantir will join the <a target="_blank" href="https://www.benzinga.com/markets/equities/25/03/44212796/palantir-joins-sp-100-after-ai-driven-rally-stock-surges-almost-60-since-trump-victory" rel="noreferrer noopener">S&amp;P 100 index.</a>
Also, Voyager Technologies stated on Monday that it deepened its collaboration with Palantir&nbsp;for AI-powered solutions aimed <a target="_blank" href="https://www.benzinga.com/pressreleases/25/03/n44215398/voyager-and-palantir-developing-ai-powered-solution-for-space-domain-awareness-applications" rel="noreferrer noopener">at improving Space Domain Awareness</a>.
This partnership will focus on proactively identifying and mitigating potential collisions and threats in space.
The open-architecture Space Domain Awareness (SDA) system integrates data from existing on-orbit assets, utilizing Voyager&#8217;s VPX signal processing electronics, chassis, signals intelligence software, and mission services, along with Palantir&#8217;s AI and machine learning engines.
The collaboration aims to accelerate the transition of the SDA system from TRL4 to TRL8, targeting a hosted payload deployment in 2026.
Matt Magaña, President of Defense and National Security at Voyager, said,&nbsp;&#8220;We&#8217;re developing an integrated solution, harnessing the power of AI with Palantir&#8217;s software stack and taking advantage of real-time radio frequency streams and imagery&nbsp;to perform space-based object detection, identification, classification and tracking.&#8221;
Robert Imig,&nbsp;Head of USG Research and Development&nbsp;at Palantir, stated,&nbsp;&#8220;We are further extending the reach of our AI solutions from ground to space, a critical frontier where demands are intensifying as the environment grows increasingly contested.&#8221;
Last week, the company delivered mobile battle stations to the U.S. Army under its&nbsp;<a target="_blank" href="https://www.benzinga.com/government/regulations/25/03/44190445/palantir-delivers-ai-powered-battle-stations-to-us-army-stock-now-comparable-to-tesla-circa-2015-analyst" rel="noreferrer noopener">$178 million military deal</a>.
Investors can gain exposure to the stock via Roundhill ETF Trust Roundhill PLTR WeeklyPay ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/PLTW#BATS">PLTW</a>) and Series Portfolios Trust Adaptiv Select ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADPV#NYSE">ADPV</a>).
Price Action: PLTR shares are down 4.04% at $81.49 premarket at the last check Monday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/25/03/44212993/palantir-ceo-alex-karp-meets-hyundai-vice-chair-to-enhance-ai-shipyard-defense-collaboration-amid-trumps-call-for-us-shipbuilding-revival" target="_blank" rel="noreferrer noopener">Palantir CEO Alex Karp Meets Hyundai Vice Chair to Enhance AI Shipyard, Defense Collaboration Amid Trump&#8217;s Call for US Shipbuilding Revival</a></li>
</ul>
Image via Shutterstock.

Large Cap

Contracts

Movers

ADPV

PLTR

Roundhill ETF Trust Roundhill PLTR WeeklyPay ETF

PLTW

What's Going On With Palantir Stock Premarket On Monday?

Veren shares are trading higher after the company announced a $15 billion strategic merger with Whitecap to form a leading oil producer.

MHLD

Maiden Hldgs Q4 Adj $(1.51) Down From $(0.08) YoY, Net Premiums Earned $11.59M Up From $11.45M YoY

D. Boral Capital analyst Jason Kolbert initiates coverage on Pulmonx (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LUNG#NASDAQ">LUNG</a>) with a Buy rating and announces Price Target of $17.

LUNG

D. Boral Capital Initiates Coverage On Pulmonx with Buy Rating, Announces Price Target of $17

ALBT

Trading Halt: Halt status updated at 8:25:00 AM ET: Quotation Resumption: News and Resumption Times

BEAM

Beam Therapeutics shares are trading lower after the company announced a $500 million offering.

<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.agilent.com&amp;esheet=54221636&amp;newsitemid=20250310422488&amp;lan=en-US&amp;anchor=Agilent+Technologies+Inc.&amp;index=1&amp;md5=50a85d0a34fe29942381dfb2eefc68af">Agilent Technologies Inc.</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/A#NYSE">A</a>) today announced its <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.agilent.com%2Fen%2Fproduct%2Fpharmdx%2Fpd-l1-ihc-28-8-pharmdx%2Fpd-l1-ihc-28-8-pharmdx-for-autostainer-link-48-153940&amp;esheet=54221636&amp;newsitemid=20250310422488&amp;lan=en-US&amp;anchor=PD-L1+IHC+28-8+pharmDx&amp;index=2&amp;md5=72c49e2091ba654aa1fc5cd98448661f">PD-L1 IHC 28-8 pharmDx</a> kit has received two new companion diagnostic indications approvals under EU IVDR1, expanding the eligibility of treatment to early-stage non-small cell lung cancer (NSCLC) and previously untreated advanced melanoma patients. These two new indications bring the total indications launched in Europe for PD-L1 IHC 28-8 pharmDx to nine. PD-L1 IHC 28-8 pharmDx is approved for exclusive use with the <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.agilent.com%2Fen%2Fproduct%2Fautostainer-link-solution-for-ihc%2Fautostainer-link-48%2Fautostainer-link-48-75845&amp;esheet=54221636&amp;newsitemid=20250310422488&amp;lan=en-US&amp;anchor=Agilent+Autostainer+Link+48&amp;index=3&amp;md5=7be86c60dabca2090227a31e606801cc">Agilent Autostainer Link 48</a> advanced staining solution.
Lung cancer and malignant melanoma are major healthcare concerns worldwide, with lung cancer accounting for over two million new cases in 2020 and an estimated 1.77 million deaths each year, and malignant melanoma accounting for over 324,000 new cases in 2020 and over 57,000 deaths each year2. PD-L1 is a critical biomarker for potential response to anti-PD-1 therapies, which are revolutionizing the treatment of cancer. Pathology labs play an important role in informing treatment decisions.
When used in conjunction with the PD-L1 IHC 28-8 pharmDx as a companion test, in the European Union: (a) resectable NSCLC patients with PD-L1 expression ≥1% and at high risk of recurrence may be eligible for treatment with Bristol Myers Squibb's OPDIVO&#xAE; (nivolumab) in combination with platinum based chemotherapy; and (b) patients 12 years of age and older with tumor cell PD-L1 expression &lt; 1% that have previously untreated advanced (metastatic or unresectable) melanoma may be eligible for treatment with Bristol Myers Squibb's Opdualag&#x2122; (nivolumab and relatlimab).
PD-L1 IHC 28-8 pharmDx is the only clinically validated test for identifying patients for these treatments; these two new indications will aid pathologists, in conjunction with oncologists, in selecting appropriate treatment options, offering hope for patients diagnosed with these cancers. IVDR compliance certification further enhances the confidence of patients, consumers, and healthcare professionals in the EU by demonstrating that these medical devices can be safely relied upon as part of the diagnostic workflow.

Biotech

General

Agilent PD-L1 IHC 28-8 PharmDx Receives EU IVDR Certification As A Companion Diagnostic Test For Non-small Cell Lung Cancer And Melanoma Indications

Barrington Research analyst Vincent Colicchio maintains Information Servs Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/III#NASDAQ">III</a>) with a Outperform and maintains $3.75 price target.

Barrington Research Maintains Outperform on Information Servs Gr, Maintains $3.75 Price Target

U.S. stock futures were lower this morning, with the Dow futures falling around 1% on Monday.
Shares of Rocket Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RKT#NYSE">RKT</a>) fell sharply in today's pre-market trading after the company announced it will acquire Redfin in an all-stock transaction <a href="https://www.benzinga.com/quote/RKT/news">valued at $12.50 per share</a>.
Rocket Companies shares dipped 11% to $14.04 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul>
<li>Intuitive Machines, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LUNR#NASDAQ">LUNR</a>) shares dipped 9.2% to $7.95 in pre-market trading. Intuitive Machines shares fell 22% on Friday after the company&#8217;s lander experienced technical issues.</li>
<li>Health In Tech, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HIT#NASDAQ">HIT</a>) fell 8.1% to $6.57 in pre-market trading. Health In Tech will announce fourth quarter and full year 2024 financial results on March 17, 2025.</li>
<li>AppLovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) dipped 8.2% to $248.25 in pre-market trading.</li>
<li>Stitch Fix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFIX#NASDAQ">SFIX</a>) fell 7.6% to $3.92 in pre-market trading.</li>
<li>Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) tumbled 6.3% to $41.58 in pre-market trading.</li>
<li>Novo Nordisk A/S (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVO#NYSE">NVO</a>) fell 6.2% to $81.76 in pre-market trading after the company reported Phase 3 results for CagriSema, showing 15.7% weight loss over 68 weeks.</li>
<li>Eton Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETON#NASDAQ">ETON</a>) fell 2.3% to $14.25 in pre-market trading.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/03/44187903/top-2-consumer-stocks-that-could-blast-off-this-quarter">Top 2 Consumer Stocks That Could Blast Off This Quarter</a></li>
</ul>

ETON

HOOD

LUNR

SFIX

Rocket Companies, Novo Nordisk And Other Big Stocks Moving Lower In Monday's Pre-Market Session

BECN

Beacon Roofing Supply shares are trading higher after the company announced QXO may potentially acquire it for approximately $11 billion. Additionally, Beacon announced a strategic investment in Renovate Robotics for roofing automation.

PTGX

Protagonist Therapeutics shares are trading higher after the company announced topline results from its Phase 2b ANTHEM-UC study of icotrokinra in ulcerative colitis. The study met its primary endpoint in all dose groups evaluated.

The U.S. shale sector is capable of ramping up&nbsp;oil production even if prices&nbsp;fall to $50 per barrel, according to&nbsp;U.S. Energy Secretary, Chris Wright.&nbsp;
What Happened: Wright, formerly the CEO of Liberty Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LBRT#NYSE">LBRT</a>), is optimistic about the sector&#8217;s potential to innovate and achieve efficiency gains, thereby enabling higher production at lower prices, <a href="https://www.ft.com/content/6b7f0af8-6c59-44bb-b07a-43d4768b96fd?">reported</a> The Financial Times. 
He said that they were going to see the same kind of market dynamics at that time. He explained that new supply would drive prices down, companies would innovate and lower their prices, and consumers and suppliers would fluctuate between options.
the U.S. shale sector is well-positioned to fulfill Donald Trump's call to &#8220;drill, baby, drill,&#8221; he added.
However, he anticipates an industry disruption similar to the 2014 price war between OPEC producers and the shale industry. "There were a lot of bankruptcies. There was a lot of disruption, but the end result was far lower costs to produce a barrel of oil," Wright told the publication.
A lot of U.S. oil executives are likely to disagree with Wright&#8217;s remarks amid fear that lower oil prices could reduce profits and force cutbacks in drilling activity, despite President Trump&#8217;s push for increased production.
SEE ALSO: <a href="https://www.benzinga.com/markets/equities/25/03/44160535/exxonmobil-and-qatarenergys-golden-pass-lng-project-gets-extended-export-permit-from-us-energy-department">ExxonMobil And QatarEnergy&#8217;s Golden Pass LNG Project Gets Extended Export Permit From US Energy Department</a>
Why It Matters: This statement comes after a sharp decline in oil prices, with Brent crude dropping below $70 last week for only the third time since Russia&#8217;s full-scale invasion of Ukraine in 2022. The recent decline in oil prices has been influenced by several factors, including trade policies and OPEC+ production increases.
In March 2025, West Texas Intermediate crude oil prices fell 6% to reach multi-year lows. President Trump&#8217;s 25% tariff on energy imports from Canada and Mexico disrupted trade flows and raised <a href="https://www.benzinga.com/25/03/44168987/oil-prices-hit-multi-year-lows">concerns about slower </a>global growth and reduced energy demand.
Award-winning energy historian, Daniel Yergin told the Financial Times, "at $50 a barrel the economics of shale don't work.&#8221; 
Furthermore, Goldman Sachs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) warned that a proposed 10% U.S. oil tariff could lead to a $10 billion annual loss for foreign producers, posing a significant threat to Canadian and Latin American <a href="https://in.benzinga.com/markets/commodities/25/02/43900287/trumps-10-oil-tariff-could-deal-10-billion-annual-blow-to-canada-and-other-foreign-producers-goldman-sachs-warns">heavy crude suppliers</a> that depend on U.S. refiners. 
Noble Corporation plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NE#NYSE">NE</a>) plunged over 22% during the last 30 days to close at $24.71 on Friday, while Western Midstream Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WES#NYSE">WES</a>) declined 4.07% during the same period.
<ul>
<li>READ MORE: <a href="https://www.benzinga.com/news/25/03/44211191/vp-vance-slams-pro-ukraine-protesters-for-confronting-him-with-his-daughter-chasing-a-three-year-old-for-politics">VP Vance Slams Pro-Ukraine Protesters for Confronting Him With His Daughter: &#8216;Chasing a Three-Year-Old for Politics&#8217;</a></li>
</ul>
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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US Shale Industry Can Deliver Trump's Pledge For 'Drill, Baby, Drill' Despite Falling Prices, Says Energy Secretary: 'The Economics Of Shale Don't Work,' Says Expert

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