Welcome to our dedicated page for Pioneer Natural Resource Co. news (Ticker: PXD), a resource for investors and traders seeking the latest updates and insights on Pioneer Natural Resource Co. stock.
Pioneer Natural Resources Co. (NYSE: PXD) is a prominent independent exploration and production company headquartered in Irving, Texas. Specializing in oil and natural gas, Pioneer focuses on delivering competitive and sustainable results to meet global energy demands responsibly. With a strong emphasis on innovation and operational excellence, the company owns and operates frac fleets, drilling rigs, and coil tubing units to streamline its production processes.
Pioneer's operations are primarily concentrated in some of the most resource-rich areas of the United States, including the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton Basin in Southeastern Colorado, and the West Texas Panhandle gas field. These strategic locations enable the company to efficiently extract and produce hydrocarbons, thereby enhancing its financial performance and market presence.
The company is dedicated to fostering a culture of respect, teamwork, and personal accountability among its employees. This environment encourages open communication, drives innovation, and ensures a commitment to health and safety. Pioneer’s entrepreneurial spirit is evident in its continuous efforts to optimize operations and achieve excellence across the board.
Recent achievements highlight Pioneer's robust financial health and strategic partnerships. The company has successfully implemented new technologies and methodologies to increase production efficiency and minimize environmental impact. Investors and stakeholders can expect ongoing updates about the latest projects, achievements, and significant developments impacting the company's performance and growth trajectory.
For more detailed and current information, including the latest news and updates, visit the Pioneer Natural Resources Company section on StockTitan.
Pioneer Natural Resources Company (NYSE:PXD) has successfully completed its acquisition of DoublePoint Energy's leasehold interests and related assets in the Midland Basin, enhancing its portfolio by approximately 97,000 net acres. The total transaction was valued at $6.2 billion, comprising $1 billion in cash, 27.2 million shares of Pioneer common stock, and the assumption of $890 million in debt. This strategic acquisition strengthens Pioneer's position in the core of the Midland Basin, positioning the company for potential growth and operational synergies.
Pioneer Natural Resources Company (NYSE:PXD) will release its first quarter 2021 earnings on May 4, 2021, after market close. A conference call is set for May 5, 2021, at 9:00 AM CT to discuss the results. Investors can access the call via telephone or online at www.pxd.com. A replay will be available until June 1, 2021. Pioneer is a prominent oil and gas exploration and production company based in Dallas, Texas.
Pioneer Natural Resources Company (NYSE:PXD) has announced a definitive agreement to acquire DoublePoint Energy's leasehold interests and related assets in a deal valued at approximately $6.4 billion, which includes 27.2 million shares of Pioneer common stock, $1 billion in cash, and the assumption of $0.9 billion in debt. The acquisition will enhance Pioneer's position in the Midland Basin, increase free cash flow, and lead to an expected annual cost savings of $175 million. The transaction is expected to close in Q2 2021.
Pioneer Natural Resources Company (NYSE:PXD) announced that CEO Scott Sheffield will join a Fireside Discussion at the Simmons Energy Virtual Conference. This event is scheduled for Monday, March 22, at 9:45 a.m. CDT. Pioneer, based in Dallas, Texas, is a major independent oil and gas exploration and production firm with operations primarily in the United States. For more details, visit www.pxd.com.
Pioneer Natural Resources Company (NYSE:PXD) will have CEO Scott Sheffield present at the Evercore ISI Elite Energy Summit Virtual Conference on March 16, at 11:40 a.m. ET. This conference is an opportunity for the company to communicate its strategies and performance to potential investors and stakeholders.
Pioneer, based in Dallas, Texas, is a prominent independent oil and gas exploration and production firm, primarily operating within the United States.
Pioneer Natural Resources Company (NYSE:PXD) announced that President and COO Rich Dealy will present at the Raymond James Institutional Investors Virtual Conference on March 3 at 4:40 p.m. ET.
Pioneer is a major player in oil and gas exploration and production, headquartered in Dallas, Texas, with operations across the United States. For additional information, visit www.pxd.com.
Pioneer Natural Resources reported a fourth quarter 2020 net income of $43 million, or $0.26 per share, with non-GAAP adjusted income of $177 million, or $1.07 per share. The company's cash flow from operating activities reached $537 million. For the full year, Pioneer experienced a net loss of $200 million. The firm achieved free cash flow of $294 million in Q4 and $689 million for the year. They initiated a long-term variable dividend policy and increased their quarterly dividend to $0.56 per share. Pioneer's 2021 outlook anticipates $2 billion in free cash flow and production of 307-322 MBOPD.
Pioneer Natural Resources Company (NYSE:PXD) has rescheduled its fourth quarter 2020 earnings release due to severe winter weather in Texas. The earnings report will now be issued after market close on February 23, 2021, with a conference call on February 24, 2021, at 9:00 a.m. CT. The decision to delay is focused on ensuring employee safety amidst ongoing rolling power outages and challenging weather conditions impacting operations. The company prioritizes the wellbeing of its workforce in the Permian Basin and Dallas.
Pioneer Natural Resources Company (NYSE:PXD) has announced an increase in its quarterly cash dividend to $0.56 per share, which amounts to $2.24 annually. This dividend will be paid on April 14, 2021, to shareholders on record as of March 31, 2021. The company, headquartered in Dallas, Texas, specializes in oil and gas exploration and production.
Pioneer Natural Resources Company (NYSE:PXD) has priced a public offering of $2.5 billion in Senior Notes, including three tranches: $750 million at 0.750% maturing in 2024, $750 million at 1.125% maturing in 2026, and $1 billion at 2.150% maturing in 2031. The proceeds will refinance existing senior notes from Parsley Energy and Jagged Peak Energy, including the redemption of higher-rate notes due in 2025 and 2026. Interest payments are set for January and July each year. The offering's close is expected by January 29, 2021.
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