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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 sale of Pioneer Pumping Services Assets and long-term agreement with Propetro
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Pioneer Natural Resources Co ::PIONEER NATURAL RESOURCES ANNOUNCES DIVESTITURE OF PIONEER PUMPING SERVICES ASSETS AND LONG-TERM AGREEMENT WITH PROPETRO.PIONEER NATURAL RESOURCES ANNOUNCES DIVESTITURE OF PIONEER PUMPING SERVICES ASSETS AND LONG-TERM AGREEMENT WITH PROPETRO.PIONEER NATURAL RESOURCES CO - WILL DIVEST ITS PRESSURE PUMPING ASSETS TO PROPETRO IN EXCHANGE FOR TOTAL CONSIDERATION OF $400 MILLION.  Full Article

Pioneer Natural Resources Expects To Generate Free Cash Flow In 2019 - Conf Call
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - Pioneer Natural Resources Co ::SAYS EXPECTS TO BE CASH FLOW NEUTRAL BY 2018 END - CONF CALL.CEO SAYS "WE ARE NOW ESSENTIALLY A BRENT-PRICED COMPANY IF YOU TALK ABOUT OUR OIL SALES" - CONF CALL.SAYS EXPECTS TO GENERATE FREE CASH FLOW IN 2019 - CONF CALL."WE ARE RELATIVELY LOWLY HEDGED IN '19 COMPARED TO '18, SO WE WILL BE SUSCEPTIBLE TO LOWER PRICES IF THEY WILL OCCUR" - CEO ON CONF CALL.SAYS NOT GOING TO ACCELERATE ACTIVITY IN THE FACE OF HIGHER OIL PRICES - CONF CALL.SAYS U.S. SHALE INDUSTRY HAS NO CHOICE, BUT TO EXPORT- CONF CALL.  Full Article

Pioneer Natural Resources Enters Into Credit Agreement
Wednesday, 31 Oct 2018 

Oct 30 (Reuters) - Pioneer Natural Resources Co ::PIONEER NATURAL RESOURCES CO - ON OCTOBER 24, 2018, CO ENTERED INTO A CREDIT AGREEMENT - SEC FILING.PIONEER NATURAL RESOURCES-CREDIT AGREEMENT REPLACED,SUPERSEDED CO'S 2ND AMENDED, RESTATED 5-YEAR REVOLVING CREDIT AGREEMENT DATED AS OF MARCH 31, 2011.PIONEER NATURAL RESOURCES CO - CREDIT AGREEMENT PROVIDES FOR A MATURITY DATE OF OCTOBER 24, 2023.PIONEER NATURAL RESOURCES CO - CREDIT AGREEMENT PROVIDES FOR A MATURITY DATE OF OCTOBER 24, 2023 AND AGGREGATE LOAN COMMITMENTS OF $1.5 BILLION.  Full Article

Pioneer Natural Resources And U.S. Silica Announce West Texas Sand Supply Agreement
Wednesday, 12 Sep 2018 

Sept 11 (Reuters) - Pioneer Natural Resources Co ::PIONEER NATURAL RESOURCES COMPANY AND U.S. SILICA ANNOUNCE WEST TEXAS SAND SUPPLY AGREEMENT.PIONEER NATURAL RESOURCES CO - AGREEMENT SECURES A LONG-TERM SUPPLY OF SAND WITH U.S. SILICA FOR 15 YEARS.PIONEER NATURAL RESOURCES CO - PIONEER WILL PURCHASE AN INTEREST IN U.S. SILICA'S SAND RESERVES AT ITS LAMESA, TEXAS, MINE IN WEST TEXAS.PIONEER NATURAL RESOURCES CO - EXPECTS TO RECEIVE ITS INITIAL SAND VOLUMES DURING Q1 OF 2019.  Full Article

Pioneer Natural Resources Company Reports Second Quarter 2018 Financial And Operating Results
Wednesday, 8 Aug 2018 

Aug 7 (Reuters) - Pioneer Natural Resources Co ::MPANY REPORTS SECOND QUARTER 2018 FINANCIAL AND OPERATING RESULTS.Q2 EARNINGS PER SHARE $0.38.Q2 ADJUSTED EARNINGS PER SHARE $1.41.Q2 EARNINGS PER SHARE VIEW $1.49 -- THOMSON REUTERS I/B/E/S.ADJUSTING 2018 CAPITAL PROGRAM TO $3.3 BILLION TO $3.4 BILLION.PRODUCING 280 THOUSAND BARRELS OIL EQUIVALENT PER DAY (MBOEPD) IN PERMIAN BASIN IN QUARTER.PIONEER NATURAL RESOURCES- FORECASTING PERMIAN BASIN PRODUCTION GROWTH IN 2018 OF 19%-24% VERSUS 2017; PRODUCTION CURRENTLY TRENDING TOWARD UPPER HALF OF RANGE.COMPANYWIDE PRODUCTION OF 328 MBOEPD IN QUARTER.QTRLY REVENUES AND OTHER INCOME $2,111 MILLION VERSUS $1,462 MILLION.Q2 EARNINGS PER SHARE VIEW $1.49, REVENUE VIEW $1.25 BILLION -- THOMSON REUTERS I/B/E/S.PIONEER NATURAL RESOURCES - CO MAY REPURCHASE SHARES FROM TIME TO TIME AT MANAGEMENT'S DISCRETION IN ACCORDANCE WITH APPLICABLE SECURITIES LAWS.PERMIAN BASIN PRODUCTION IS FORECASTED TO AVERAGE BETWEEN 278 MBOEPD TO 288 MBOEPD IN Q3 2018.FOR Q3 PERMIAN BASIN PRODUCTION IS FORECASTED TO AVERAGE BETWEEN 278 MBOEPD TO 288 MBOEPD.  Full Article

Pioneer Natural Resources Co To Sell Selected Eagle Ford Shale Acreage For $102 Mln
Tuesday, 27 Mar 2018 

March 27 (Reuters) - Pioneer Natural Resources Co ::PRESS RELEASE - PIONEER NATURAL RESOURCES COMPANY ANNOUNCES SALE OF SELECTED EAGLE FORD SHALE ACREAGE FOR $102 MILLION.PIONEER NATURAL RESOURCES CO - THE APPROXIMATELY 10,200 NET ACRES IS LOCATED IN ATASCOSA, LASALLE, LIVE OAK AND MCMULLEN COUNTIES, TEXAS.PIONEER NATURAL RESOURCES - CURRENT NET PRODUCTION IS ABOUT 1,100 BARRELS OF OIL EQUIVALENT PER DAY FOR THE SELECTED EAGLE FORD SHALE ACREAGE.PIONEER NATURAL RESOURCES CO - ‍AFTER SALE CLOSES, PIONEER'S ACREAGE POSITION IN EAGLE FORD SHALE WILL BE ABOUT 59,000 NET ACRES​.  Full Article

Pioneer Natural Resources Announces Plans To Divest South Texas, Raton And West Panhandle Assets
Wednesday, 7 Feb 2018 

Feb 6 (Reuters) - Pioneer Natural Resources Co ::PRESS RELEASE - PIONEER NATURAL RESOURCES COMPANY ANNOUNCES PLANS TO DIVEST SOUTH TEXAS, RATON AND WEST PANHANDLE ASSETS.PIONEER NATURAL RESOURCES CO - ‍EAGLE FORD ASSETS BEING SOLD REPRESENT ALL OF PIONEER'S 46% WORKING INTEREST IN PLAY​.PIONEER NATURAL RESOURCES CO - ‍PIONEER WILL SEPARATELY DIVEST ITS ACREAGE IN SINOR NEST WILCOX FIELD​.PIONEER NATURAL RESOURCES CO - EXPECTS TO OPEN DATA ROOMS FOR PLANNED DIVESTITURES LATER IN Q1 OF 2018.  Full Article

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

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 

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
Thursday, 2 Nov 2017 

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"

Nov 7 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.