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Pioneer Natural Resources Co (PXD.N)

PXD.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Pioneer Natural Resources Announces Decommissioning Of Brady Sand Mine
Thursday, 15 Nov 2018 07:30am EST 

Nov 15 (Reuters) - Pioneer Natural Resources Co ::PIONEER NATURAL RESOURCES ANNOUNCES DECOMMISSIONING OF BRADY SAND MINE.PIONEER NATURAL RESOURCES CO - PIONEER ANTICIPATES SAND SAVINGS OF APPROXIMATELY $400,000 PER WELL.PIONEER NATURAL RESOURCES CO - EXPECTS TO RECOGNIZE A NONCASH AFTER-TAX CHARGE OF $350 MILLION TO $400 MILLION IN Q4 OF 2018.PIONEER NATURAL RESOURCES CO - EXPECTS TO WIND DOWN OPERATIONS DURING Q1 OF 2019 AND TRANSITION TO 100% WEST TEXAS SAND BY MAY 2019.  Full Article

Pioneer Natural Resources Q3 Adjusted Earnings Per Share $2.07
Tuesday, 6 Nov 2018 04:15pm EST 

Nov 6 (Reuters) - Pioneer Natural Resources Co ::REPORTS THIRD QUARTER 2018 FINANCIAL AND OPERATING RESULTS.Q3 EARNINGS PER SHARE $2.39.Q3 ADJUSTED EARNINGS PER SHARE $2.07.Q3 EARNINGS PER SHARE VIEW $1.67 -- THOMSON REUTERS I/B/E/S.PRODUCED 288 THOUSAND BARRELS OIL EQUIVALENT PER DAY (MBOEPD) IN THE PERMIAN BASIN IN QUARTER.PRODUCED 321 MBOEPD COMPANYWIDE IN QUARTER.FORECASTING PERMIAN BASIN PRODUCTION GROWTH IN 2018 OF 19% TO 24% COMPARED TO 2017.QTRLY REVENUES AND OTHER INCOME $2,476 MILLION VERSUS $1,167 MILLION.Q4 PERMIAN BASIN OIL PRODUCTION IS FORECASTED TO AVERAGE BETWEEN 188 MBOPD TO 194 MBOPD.Q4 PERMIAN BASIN PRODUCTION IS FORECASTED TO AVERAGE BETWEEN 293 MBOEPD TO 303 MBOEPD.PIONEER NATURAL RESOURCES - SEES PERMIAN BASIN PRODUCTION GROWTH IN 2018 OF 19% - 24% COMPARED TO 2017; PRODUCTION TRENDING TOWARD UPPER HALF OF RANGE.PIONEER NATURAL RESOURCES - FUNDING 2018 CAPITAL PROGRAM OF ABOUT $3.4 BILLION FROM FORECASTED OPERATING CASH FLOW OF ABOUT $3.4 BILLION, OTHERS.FY2018 EARNINGS PER SHARE VIEW $6.71 -- THOMSON REUTERS I/B/E/S.  Full Article

Pioneer Natural Resources Co Announces Sale Of South Texas Sinor Nest Oil Assets For $132 Mln
Wednesday, 31 Oct 2018 08:30am EDT 

Oct 31 (Reuters) - Pioneer Natural Resources Co ::PIONEER NATURAL RESOURCES COMPANY ANNOUNCES SALE OF SOUTH TEXAS SINOR NEST OIL ASSETS FOR $132 MILLION.PIONEER NATURAL RESOURCES - SIGNED PURCHASE & SALE AGREEMENT WITH AN UNDISCLOSED THIRD PARTY TO SELL ABOUT 2,900 NET ACRES IN THE SINOR NEST FIELD.PIONEER NATURAL RESOURCES - SOLD ASSETS REPRESENT ALL OF CO'S INTERESTS IN SINOR NEST FIELD, INCLUDING ALL PRODUCING WELLS, ASSOCIATED INFRASTRUCTURE.  Full Article

Pioneer Natural Resources Co To Sell West Panhandle Assets For $201 Million
Tuesday, 31 Jul 2018 08:45am EDT 

July 31 (Reuters) - Pioneer Natural Resources Co ::PIONEER NATURAL RESOURCES COMPANY ANNOUNCES SALE OF WEST PANHANDLE ASSETS FOR $201 MILLION.PIONEER NATURAL RESOURCES - WEST PANHANDLE ASSETS SALE EXPECTED TO RESULT IN PRETAX GAIN OF $155 MILLION-$170 MILLION, WHICH IS EXPECTED TO BE RECORDED IN Q3.  Full Article

Pioneer Natural Resources Plans 20 Permian Rigs for 2018
Wednesday, 7 Feb 2018 10:24am EST 

Feb 7 (Reuters) - Pioneer Natural Resources Co ::CHIEF EXECUTIVE TIM DOVE SAYS WILL KEEP 20 RIGS IN PERMIAN THIS YEAR.CEO SAYS EXPECTS INDUSTRY INFLATION OF 10 TO 15 PERCENT FOR THE YEAR.CEO SAYS WILL INCLUDE SHAREHOLDER RETURNS METRICS IN EXECUTIVE COMPENSATION PLAN FOR 2018.CEO SAYS Q1 PRODUCTION DOWN BY 6,000 BOE/D DUE TO COLD WEATHER IN JANUARY.  Full Article

Pioneer Natural Resources Reports Q4 Earnings Per Share $3.87
Tuesday, 6 Feb 2018 04:08pm EST 

Feb 6 (Reuters) - Pioneer Natural Resources Co ::MPANY REPORTS FOURTH QUARTER 2017 FINANCIAL AND OPERATING RESULTS AND ANNOUNCES 2018 CAPITAL PROGRAM.Q4 EARNINGS PER SHARE $3.87.Q4 ADJUSTED EARNINGS PER SHARE $1.22.‍CAPITAL BUDGET FOR 2018 IS $2.9 BILLION​.PRODUCED 305,000 BARRELS OIL EQUIVALENT PER DAY IN Q4, AN INCREASE OF 29 MBOEPD, OR 11%, COMPARED TO Q3 OF 2017.‍TOTAL PRODUCTION IS FORECASTED TO AVERAGE BETWEEN 304 MBOEPD TO 314 MBOEPD FOR Q1​.‍PERMIAN BASIN PRODUCTION IS FORECASTED TO AVERAGE BETWEEN 252 MBOEPD TO 260 MBOEPD FOR Q1​.‍Q1 PRODUCTION WAS NEGATIVELY IMPACTED BY PROLONGED FREEZING TEMPERATURES IN EARLY JANUARY​.‍SHUT-IN PRODUCTION AND COMPLETION DELAYS ARE EXPECTED TO RESULT IN PRODUCTION LOSSES OF ABOUT 6 MBOEPD FOR Q1​.PIONEER NATURAL RESOURCES - QTRLY REVENUES AND OTHER INCOME $1,526 MILLION VERSUS $1,028 MILLION.‍SALES VOLUMES FOR Q4 OF 2017 AVERAGED 305 MBOEPD​.‍FORECASTING PERMIAN BASIN OIL PRODUCTION GROWTH IN 2018 RANGING FROM 19% TO 24% COMPARED TO 2017​.‍TOTAL PERMIAN BASIN PRODUCTION IN 2018, ON A BOE BASIS, IS FORECASTED TO GROW BY 19% TO 24% COMPARED TO 2017​.EXPECTING TO REPAY MAY 2018 DEBT MATURITY OF $450 MILLION FROM CASH ON HAND.  Full Article

Pioneer Natural Resources Increases Dividend On Common Shares And Announces Common Share Repurchase Program
Tuesday, 6 Feb 2018 04:07pm EST 

Feb 6 (Reuters) - Pioneer Natural Resources Co ::PIONEER NATURAL RESOURCES COMPANY INCREASES DIVIDEND ON COMMON SHARES AND ANNOUNCES COMMON SHARE REPURCHASE PROGRAM.PIONEER NATURAL RESOURCES - ‍BOARD APPROVED COMMON STOCK REPURCHASE PROGRAM TO OFFSET IMPACT OF DILUTION ASSOCIATED WITH ANNUAL EMPLOYEE STOCK AWARDS​.PIONEER NATURAL RESOURCES CO - ‍STOCK REPURCHASE PROGRAM ALLOWS FOR UP TO $100 MILLION OF COMMON STOCK TO BE REPURCHASED DURING 2018​.PIONEER NATURAL RESOURCES - BOARD APPROVED STOCK REPURCHASE PROGRAM FOR UP TO $100 MILLION OF COMMON STOCK TO BE REPURCHASED DURING 2018.  Full Article

Pioneer Natural Sees Federal Corporate Rate Change To Result In Noncash Decrease To Income Tax Provision
Wednesday, 10 Jan 2018 06:25am EST 

Jan 10 (Reuters) - Pioneer Natural Resources Co ::PIONEER NATURAL-SEES FEDERAL CORPORATE RATE CHANGE TO RESULT IN NONCASH DECREASE TO INCOME TAX PROVISION OF ABOUT $600 MILLION FOR QUARTER ENDED DEC 31.PIONEER NATURAL - EXPECTS CERTAIN ASPECTS OF CHANGES TO FEDERAL INCOME TAX LAW TO POSITIVELY IMPACT FUTURE AFTER-TAX EARNINGS.  Full Article

Pioneer Natural expects to boost exports of U.S. crude in 2018
Thursday, 2 Nov 2017 10:59am EDT 

Nov 2 (Reuters) - Pioneer Natural Resources Co PXD.N:Chief Executive Tim Dove says has hedged more than 80 percent of 2018 oil production.CEO says expects to export 2.3 million barrels of oil in fourth quarter.CEO says by end of 2018 could be exporting 100,000 barrels/day.CEO says seeing price increases in frack fleets in south Texas.  Full Article

Pioneer Natural Resources Co reports Q3 loss per share $0.13
Wednesday, 1 Nov 2017 04:03pm EDT 

Nov 1 (Reuters) - Pioneer Natural Resources Co :Pioneer natural resources company reports third quarter 2017 financial and operating results.Q3 loss per share $0.13.Q3 earnings per share view $0.30 -- Thomson Reuters I/B/E/S.Pioneer Natural Resources Co says ‍adjusted results for Q3 were earnings of $80 million after tax, or $0.48 per diluted share.​.Pioneer Natural Resources Co says ‍company's capital budget for 2017 is being increased from $2.7 billion to $2.75 billion​.In Q3 production of 276 thousand barrels oil equivalent per day (MBOEPD), up 17 MBOEPD compared to Q2 2017.Pioneer Natural Resources Co says Q4 ‍production costs are expected to average $7.50 per BOE to $9.50 per BOE​.Q4 production is forecasted to average 292 MBOEPD to 302 MBOEPD.Qtrly total revenues and other income $1.46 billion versus $1.19 billion.Q3 revenue view $1.04 billion -- Thomson Reuters I/B/E/S.  Full Article

Pioneer Natural CEO says U.S. light crude in 'good demand'

Shale producer Pioneer Natural Resources Co Chief Executive Officer Timothy Dove said on Wednesday light crude from United States oilfields is in good demand in the world markets.