Pioneer Natural Resources (NYSE:PXD) reported Q2 EPS of $9.36, $0.54 better than the analyst estimate of $8.82. Revenue for the quarter came in at $6.92 billion versus the...
On average August has been the US stock market’s worst monthMarket-moving events this month include CPI data and a Fed gatheringConsider buying Diamondback Energy, ZIM...
Markets expecting US Fed to hike rates 75 basis pointsFears mounting aggressive tightening could tip economy into recessionSafe bets include Pepsico, Citigroup, and Pioneer...
Shares of Devon Energy have returned almost 12% so far this yearCurrent share price supports a lucrative dividend yield of 7.3%Long-term investors could consider buying DVN...
Pioneer Natural Resources Company is an oil and gas exploration and production company. The Company explores for, develops and produces oil, natural gas liquids (NGLs) and gas in the Midland Basin in West Texas. The Company conducts exploitation and exploration activities in the Spraberry/Wolfcamp oil field located in the Midland Basin in West Texas. The Company holds approximately 976,000 gross acres, of which 961,000 gross acres are located in the Spraberry/Wolfcamp field in the Midland Basin of West Texas. The oil produced from the Spraberry/Wolfcamp field in the Midland Basin is West Texas Intermediate Sweet, and the gas produced is casinghead gas with an average energy content of 1,400 British thermal unit (Btu). The oil and gas are produced primarily from six formations, the Spraberry, the Jo Mill, the Dean, the Wolfcamp, the Strawn and the Atoka. Its subsidiaries include Pioneer Natural Resources USA, Inc., Pioneer Sands LLC and Pioneer Uravan, Inc., among others.