Post Tagged with: "Pioneer Natural Resources"

Heard on the Call: Oil & Gas CEOs Speak Up

Heard on the Call: Oil & Gas CEOs Speak Up

As oil and gas companies dive into the Q4 earnings season in the coming days and weeks, more and more chief executives at E&Ps and oilfield service companies will share their insight as to their recent operations, thoughts about where …

Pioneer Natural Resources on a Permian Tear: 224 Wells Drilled in 2017, 20 Rigs Operating in 2018

Pioneer Natural Resources on a Permian Tear: 224 Wells Drilled in 2017, 20 Rigs Operating in 2018

250-275 gross wells expected to be on production in the Permian Basin in 2018

$2.6 billion 2018 Permian-focused CapEx

Pioneer Natural Resources (ticker: PXD) placed 64 horizontal wells on production in the fourth quarter of 2017. In the Permian, 43 …

As Big as Ghawar, Permian Oil and U.S. Shale Gas Could Potentially Fill Global Demand

As Big as Ghawar, Permian Oil and U.S. Shale Gas Could Potentially Fill Global Demand

Pioneer’s Scott Sheffield points to the Permian’s full potential, Cheniere CCO Anatol Feygin touts U.S. LNG export growth at the EIA 2017 Energy Conference

It’s been an interesting week or two for U.S. energy on the world stage. The new …

EnerCom Dallas: a Very Positive Mood and a Full House

EnerCom Dallas: a Very Positive Mood and a Full House

Moving from Defense to Offense: industry learned how to work effectively, how to innovate during the downturn, now let’s produce

The presentation room at the Tower Club for EnerCom Dallas was overflowing Wednesday morning by the time WPX Energy (ticker: …

Pioneer Natural Resources: How to Grow Production 15% in a Downcycle

Pioneer Natural Resources: How to Grow Production 15% in a Downcycle

Pioneer Natural Resources continues to escalate the size of completions in the Permian

The last year proved to be a difficult time for many oil and gas companies, but many were able to prosper even as oil prices hit multi-year …

Pioneer Natural Resources: 2016 Production Jumps 15% from Spraberry/Wolfcamp Hz Drilling

Pioneer Natural Resources: 2016 Production Jumps 15% from Spraberry/Wolfcamp Hz Drilling

Pioneer expects to place ~260 horizontal wells on production in 2017

Pioneer Natural Resources: 2016 Production Jumps 15% from Spraberry/Wolfcamp Hz Drilling

  • Pioneer produced 234 MBOEPD in 2016, up 15% from prior year

  • One of the best years in Pioneer’s 20-year history: Dove

  • Exported 525,000 barrels of Permian basin oil in

Permian Producer Pioneer Natural Resources’ Q3 Earnings Call

Permian Producer Pioneer Natural Resources’ Q3 Earnings Call

Retiring Pioneer Natural Resources (ticker: PXD) CEO Scott Sheffield hosted his final earnings call this week

Scott Douglas Sheffield

As most of you all know, this is my last earnings call after 25 years of being public.

I want to …

Texas’ Top Performers by Basin

Texas’ Top Performers by Basin

Most wells testing in the top 20:  EOG leads the Eagle Ford, Pioneer leads the Midland, Cimarex leads the Delaware

KLR Group released a research note Thursday covering well data provided by the Texas Railroad Commission for the third quarter …

Devon Energy Monetizes Assets, Raises CapEx and Production Guidance

Devon Energy Monetizes Assets, Raises CapEx and Production Guidance

Pioneer Natural Resources Acquires Midland Basin Acreage with $827 Million Secondary Offering

Devon Energy Corp. has been piling up the assets sales so far in 2016, announcing on June 15, 2016, the most recent divestiture of assets in the Midland …

Scott Sheffield Announces Retirement from Pioneer Natural Resources

Scott Sheffield Announces Retirement from Pioneer Natural Resources

After 30 years at the helm, Scott Sheffield announces he will retire as CEO of Pioneer Natural Resources

Scoot Sheffield, one of the most transformative CEOs in the oil and gas business, announced plans to retire from Pioneer Natural Resources …

Pioneer Natural Resources First Quarter 2016 Financial and Operating Results

Pioneer Natural Resources First Quarter 2016 Financial and Operating Results

DALLAS–(BUSINESS WIRE)–Apr. 25, 2016– Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer” or “the Company”) today reported financial and operating results for the quarter ended March 31, 2016.

Pioneer reported a first quarter net loss attributable to common stockholders of $267 million, …

Completion Evolution Improving Capital Intensity for Pioneer Natural Resources: KLR

Completion Evolution Improving Capital Intensity for Pioneer Natural Resources: KLR

From KLR Group – April 27, 2016

 

Pioneer Natural Resources  (PXD) Completion Evolution Improving Capital Intensity 

Price Target: $168.00
Price: $165.36
Investment thesis

KLR is increasing its target price $3 to $168 per share due to a ~2.5% decrease

Pioneer Natural Resources Lowers Capex Budget to $2.0 Billion

Pioneer Natural Resources Lowers Capex Budget to $2.0 Billion

$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 …

Energy Market Upside: Pioneer Natural Resources Keeps Leverage Low

Energy Market Upside: Pioneer Natural Resources Keeps Leverage Low

Pioneer offers low leverage for a high EBITDA margin

Lower oil prices have put strain on even the best of companies. Those that have managed to maintain strong balance sheets stand to weather the storm the best, as low oil …