Current PXD Stock Info

$1.85 billion for drilling in 2016 with 10% production growth and no debt raises rest of year
Pioneer Natural Resources (ticker: PXD, PXD.com) announced its fourth quarter results, along with its 2016 capital budget of $2.0 billion. The company lowered its 2016 capital budget expectations by $0.5 billion from earlier estimates, but still expects to grow production by about 10% as it increases the number of wells brought online to 230, up about 21% from the number of wells brought online in 2015.

PXD plans to use its budget primarily on dril...


Legal Notice