Saturday, June 20, 2026

Pioneer Has No Exposure to Midland Oil Pricing Through 2020

Pioneer will be pure-play Permian by end of year Pioneer Natural Resources (ticker: PXD) reported second quarter results today, showing net income of $66 million, or $0.38 per share. After adjusting for derivative losses and other special charges, Pioneer earned an adjusted $243 million in Q2 2018. The company produced 280 MBOEPD from the Permian in Q2, 328 MBOEPD company-wide.

Razor’s WTI Torque High as Small Price Increase Brings Large Earnings Jump

Razor Energy (ticker: RZE) announced second quarter results last week, showing net income of $2.5 million, or $0.16 per share. This result is a significant improvement over both Q2 2017 and Q1 2018, when the company reported a loss of 1.6 million and earnings of 0.3 million, respectively. Much of this improvement in results is due to the improved oil