United Production Company Partners with BP for Hedging Strategy to Secure Revenue Stability

United Production Company Forms Strategic Hedging Partnership with BP Energy August 4, 2025 – Edmond, Oklahoma – United Production Company (UPC) announced today that it has entered into a new commodity hedging agreement with BP Energy Company, with BP acting as the primary counterparty. This collaboration aims to enhance UPC's ability to manage price fluctuations and ensure revenue stability amid the unpredictable energy market. Under this deal, UPC gains direct access to BP's energy trading desk, allowing for more flexible and strategic hedging of its crude oil and natural gas outputs. This partnership is anticipated to bolster UPC's financial resilience, facilitate long-term capital planning, and support steady cash flow to fund ongoing growth initiatives. Casey Jobe, Managing Partner of UPC, stated, "Partnering directly with BP Energy Company marks a pivotal milestone for us. In today’s volatile commodity landscape, safeguarding cash flow and maintaining predictable income streams are vital. This agreement empowers us to proactively hedge our price risks, capitalize on favorable market conditions, and ensure stability for our stakeholders and team members. BP's market experti...