|Bid||144.35 x 100|
|Ask||144.40 x 100|
|Day's range||142.96 - 145.76|
|52-week range||125.46 - 199.83|
|PE ratio (TTM)||145.81|
|Earnings date||1 Nov 2017|
|Forward Dividend & Yield||0.08 (0.06%)|
|1y target est||185.97|
The sharp rebound in U.S. shale oil production is showing no signs of tapering off and will likely keep a lid on oil prices in coming years even as OPEC continues to cut production, according to a number ...
Pioneer Natural Resources will quadruple oil exports within a year, reflecting an expected surge in U.S. exports as shale output rises, Chief Executive Tim Dove said on Thursday. Pioneer, one of the largest oil producers in the Permian Basin of West Texas and New Mexico, exported three cargoes of 500,000 barrels of oil in the third quarter and is expected to ship four in the fourth quarter. The number is expected to rise to 13 cargoes by the same time next year, Dove told the Oil & Money conference.
Although Pioneer Natural's (PXD) Q3 output was lower than the Zacks Consensus Estimate, production surged sequentially and year over year.
Pioneer Natural Resources Company today announced that production for the third quarter of 2017 was 276 thousand barrels oil equivalent per day , an increase of 17 MBOEPD, or 6% from the second quarter of 2017.
With another partner jumping on board, it looks increasingly likely that the natural gas pipeline giant will move forward with a new pipeline in the Permian Basin, which puts it farther ahead of Enterprise’s proposed project.
In the week ending October 6, 2017, crude oil (USO) (USL) prices fell from $51.67 per barrel to $49.29 per barrel, a significant decline of almost 5%.
American shale drillers, which defied expectations and upended oil markets by increasing production in the face of lower prices, are finally showing signs of slowing down.
As of September 26, 2017, Marathon Oil (MRO) had an implied volatility of ~32.4%, which is lower than its implied volatility of ~39.8% at the end of 2Q17.
Energy stocks may be bottoming as a number of bullish historical signals herald a potential reversal for the sector, according to Fundstrat's Tom Lee.
The Zacks Analyst Blog Highlights: Apache, Pioneer Natural Resources, Resolute Energy, Cimarex Energy and WPX Energy
Jim Cramer spoke with Timothy Dove, the president and CEO of Pioneer Natural Resources, about the changing landscape in the oil industry.
DALLAS--(BUSINESSWIRE)-- Pioneer Natural Resources Company (NYSE:PXD) today announced that Rich Dealy, Executive Vice President and Chief Financial Officer, will participate on a E&P Panel at The Simmons ...
U.S. shale oil regions will keep posting production growth above 100,000 barrels a day in September, the Energy Information Administration forecast.
Oil prices rose nearly 2 percent and hit a one-week high on Tuesday, boosted by a weaker dollar, short covering and expectations that crude inventories in the United States may decline for a third consecutive week. It was the fourth straight session of gains for oil, which also got some support after the chief executive of U.S. shale oil producer Pioneer Natural Resources Co said Saudi Arabia likely will move to boost oil prices to prop up its finances.
Royal Dutch Shell has agreed to sell most of its Canadian oil sands assets for $8.5 billion, the latest international oil major to withdraw from the costly and carbon-heavy projects. Shell is trying to ...
An oil move from "$50 to $60 is very dramatic" for one set of companies, says Paul Sankey, senior oil and gas analyst at Wolfe Research.