Market Pulse - Numbers Only - Oil, Gas, Credit by the Data

Pure numbers, zero fluff: WTI $87.45, Henry Hub $2.85, industrial caps 5.8%, credit spreads SOFR+550-750. Actionable math for oil PDP, gas basis risk, real estate coverage ratios, and senior secured structures.

Show Notes

Market Pulse — Wednesday, October 8, 2025
Numbers Only — Oil, Gas, Credit by the Data

INTRO (0:00–0:10)
Welcome to Gold Dragon Daily, an AI-powered podcast by Gold Dragon Investments, helping you win the game of passive investing. For more information, visit GotTheGold.com. I'm your host, Justin 2.0. This is Market Pulse — Wednesday's numbers-only edition.

OVERNIGHT DATA DROP
• Oil: WTI crude $87.45, up 0.3%. Brent $91.20, steady. WTI-Brent spread holding at $3.75.
• Gas: Henry Hub $2.85, down 1.2%. Storage injections tracking 15 BCF above five-year average.
• Products: RBOB gasoline crack $22.50, refinery utilization at 89.2% amid fall maintenance.
• Midstream: Enterprise Products Partners announced $1.2B in new pipeline capacity. Kinder Morgan reported 95% contract coverage through 2026.

ENERGY NUMBERS — WHAT MATTERS
• Oil production: Permian Basin averaging 5.8 million barrels per day, up 2% month-over-month. Breakeven costs: Permian core $42-48 per barrel, DJ Basin $52-58.
• Gas fundamentals: LNG feedgas demand steady at 13.5 BCF per day. Power burn up 8% week-over-week as cooling demand persists.
• Hedging snapshot: Top 20 E&P companies have 68% of Q4 oil production hedged above $75. Gas hedging lighter at 45% coverage.
• Takeaway: PDP assets in Permian core with $50 breakevens and 70%+ hedge coverage are printing cash at current prices.

REAL ESTATE & CREDIT NUMBERS
• Real Estate: Industrial cap rates averaging 5.8% for Class A logistics. Multifamily refinancing down 35% year-over-year, but quality assets still clearing at sub-6% rates.
• Credit: Direct lending spreads: SOFR plus 550-750 basis points for middle market. Default rates holding at 1.8%, below historical 2.5% average. Dry powder: $400B+ across private credit funds.
• Structure focus: Senior secured deals averaging 65% loan-to-value with 1.25x debt service coverage minimums.

ACTIONABLE NUMBERS
Bottom line math:
• Oil: Target PDP with sub-$50 breakevens and 6-month hedge floors above $70.
• Gas: Avoid unless basis differentials managed and takeaway contracted.
• Real estate: Industrial sub-6% caps near logistics hubs; multifamily only with 1.3x+ debt coverage.
• Credit: Senior secured, SOFR plus 600+, loan-to-value under 70%.

That's your Wednesday data drop. Visit GotTheGold.com for strategic wealth insights. Stay sharp. ]]>

What is Gold Dragon Daily?

Gold Dragon Daily: Your Essential Private Markets Podcast

The only daily podcast delivering twice-daily insights for investors winning the game of passive investing through private markets—whether you're accredited, building toward it, or exploring your first alternative investment.

What You Get:

Market Pulse (5 AM Daily) - Data-driven updates on US private markets covering energy sector investing, commercial real estate trends, multifamily market analysis, and private credit opportunities. Real-time market updates on natural gas investments, oil and gas private equity, renewable energy infrastructure, and institutional real estate capital flows.

Game Theory (5 PM Daily) - Pure nerd entertainment meets strategic wealth building. Explore Dungeons & Dragons, Warhammer 40K, and tabletop gaming principles that teach calculated risk-taking, resource management, elite performance, and the adventurer's mindset. This isn't just gaming talk—it's how legendary campaigns reveal the psychology that separates winners from everyone else in investing and life.

Perfect For:
- Investors seeking private market opportunities (accredited or building toward it)
- Fund managers and capital raisers in energy and real estate
- Institutional investors allocating to private credit and alternative investments
- Sophisticated investors building strategic wealth through passive investing
- Entrepreneurs and business leaders exploring private market capital
- Gamers, dungeon masters, and tabletop strategists who love D&D, Warhammer 40K, and board games
- Anyone who sees the connection between gaming strategy and wealth building

Your Host: Justin 2.0, powered by Gold Dragon Investments, delivering institutional-grade market analysis and strategic mindset training twice daily, seven days a week.

Daily Dominance: While others publish weekly, Gold Dragon Daily gives you the unfair advantage of consistent, twice-daily content that compounds into total market authority. Morning: private markets data. Evening: nerd wisdom. No fluff, no hype—just pure analysis and strategic mindset training.

Subscribe now for 3-5 minute episodes that sharpen your understanding of private markets investing, commercial real estate opportunities, energy sector trends, D&D strategy, Warhammer 40K lore, tabletop gaming insights, and the winning mindset that builds generational wealth.

Download "Strategic Wealth: The Hidden Power of Private Market Energy" and join The Gold Dragon Investor Club at GotTheGold.com