Current PXD Stock Info

$79 million for 84 MMcf/d
Pioneer Natural Resources (ticker: PXD) continued its move toward a Permian pure-play, divesting another non-core asset today.

Pioneer will sell its Raton basin assets, located in southeastern Colorado, to privately-held Evergreen Natural Resources. The assets sold include all producing wells and infrastructure in the basin. Pioneer’s properties are currently producing about 84 MMcf/d, all production from the area is gas. The acreage has 96 MMBOE of associated reserves, making it the company’s largest non-Permian p...

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