Pioneer Natural Resources Company (PXD)

[boo boo]

Trendline Support, short term.

[DD]

oh yeah!!!

[millionaireonpaper]

Price target 225...

[eFinanceMarkets]

$PXD Pioneer Natural Resources (NYSE:PXD) CEO says Pres. Trump's proposed tariffs on imported steel and aluminum would hurt his company’s profits.

Dove’s remarks echoed several other energy executives who have told the CERAWeek energy conference this week that they faced higher costs from tariffs, and that certain types of metal needed for pipeline and refining expansions are not made by U.S. companies.

Sara Ortwein, president of Exxon Mobil’s (NYSE:XOM) XTO Energy shale business, also said the oil and gas industry “is really the engine behind the economic growth in the U.S. Clearly anything that limits that is not something that we’re looking for.”

[DD]

yeah, baby!!!!

[BillBadaass]

Total beast mode! #money

[benfrankledger]

$PXD says in the report that it is positioned to thrive in a world with ambitious reductions in carbon emissions because of its low-cost structure; its breakeven point is just $24/bbl.

[benfrankledger]

Recent reports covers various environmental efforts at PXD, including how it manages spills and minimizes emissions of methane, and analyzes how the company might fare in a carbon-constrained world - an additional step not required by a shareholder vote earlier this year.

[BillBadaass]

$PXD • P/E multiple is crazy but when you have 90%+ held by institutional investors the shorts drive up the price I guess. #oilgas #stocks #shortkiller

[chriswolff]

Shorts are digging their own graves here. Overhang on CL_F from US producers countering OPEC cuts is gone. Tide will turn swiftly...

[DD]

PXD recovering...........

[Timothy Smith]

Tim Dove, who heads Pioneer Natural Resources (NYSE:PXD), one of the biggest operators in the Permian Basin, says newer operating efficiencies allow his company to continue to drill more, but "we will not drill into oblivion... we can pare away and still be a growth company even in a $45 environment."

[eFinanceMarkets]

Pioneer Natural CEO sees Saudi Arabia moving to lift oil prices

Saudi Arabia likely will move to boost oil prices after the recent drop in order to prop its own national finances, Pioneer Natural Resources (PXD +0.3%) President and CEO Tim Dove tells the J.P. Morgan energy conference in New York.

Current oil prices are "not sustainable. It comes in the form of two words: Saudi Arabia. They cannot have a scenario, which is $43 or $44 oil, and sustain their national budgets," the CEO says.

Despite the supply glut, Dove says PXD will continue to drill new wells, "because this very well may be the time where the well costs are as low as they're ever going to be."

Dove also says PXD has hedged most of its 2017 oil production but has not been able to hedge more than roughly a third of is 2018 output since OPEC's meeting last month.

[talleyville0311]

It is I work for pxd. You are correct on the name

[eFinanceMarkets]

Crude oil prices will fall to $40/bbl if OPEC fails to extend its production agreement later this year, Pioneer Natural Resources (PXD -0.1%) chairman Scott Sheffield tells the CERAWeek energy conference. The Permian Basin would see a major curtailment of rigs at $40/bbl while other shale plays in the U.S. would become uneconomic, Sheffield says, but if all goes well, Permian production would surge to 8M-10M bbl/day over the next decade from 2.3M bbl/day now.

[DD]

Nice move upward the last couple of weeks....

[56Chevy]

Pioneer Natural Resources Issues A Direct Challenge To OPEC: We Can Go, Toe To Toe

Nov. 29, 2016 6:24 PM ET

Summary

- Straberry/Wolfcamp Shales in the Permian is the world's second-largest oilfield with a potential for 75 billion barrels of oil equivalent.

- Pioneer Natural Resources is the largest producer in the Straberry/Wolfcamp with a resource potential of over 11 billion barrels of oil equivalent.

- To this add more than 20,000 untapped horizontal drilling locations and you can see why Pioneer's CEO, Scott Sheffield, has challenged OPEC.

- Streamlining and optimization strategies have significantly reduced Pioneer's production costs to make the company competitive in a low price environment.

- This is one of the key companies to watch in the Permian Basin.

[....]

Permian Oil Field

The Permian Oil Field itself is 300 miles long and 250 miles wide. It is the world's second-largest oil resource with a potential of more than 75 billion barrels of oil equivalent in the Spraberry/Wolfcamp shales. The Wolfcamp find has re-ignited oil industry activity in the Permian Basin. And make no mistake, this represents "a new oil order" that is a challenge to Saudi oil dominance.

[....]

http://seekingalpha.com/article/4027117-pioneer-natural-resources-issues-direct-challenge-opec-can-go-toe-toe

Marker:
Pioneer Natural Reso (PXD)
$187.55 down -2.02 (-1.07%)
Volume: 2,278,183

[biotechnician]

AREX... The value of all Permian acres regardless of location has increased much over past two years. What is the current value of AREX acres? $7,000, $10,000, $12,000 per acre ?
At 10k acre x 126k acres = 1.26 Billion less 500M debt = 726M to shareholders with 41.61 million current shares outstanding that would be $17.44 per share

[north40000]

You might look at any Parsley[PE on NYSE] PRs or SEC filings for its info on those questions. The last name of its CEO should be familiar.

[FortyNightWave]

This company has a majority of its assets in Wolfcamp. I have read that the estimated 900 billion dollars worth of oil in that area is actually just the price per barrel of oil, multiplied by the estimated number of barrels. However, whether or not the oil can be pulled up at a profit (it could even be a loss) is one determinant of whether or not the oil is anything to be excited about. This looks like a mostly dead board, but I'm wondering if anyone here has any input on the known geological factors of Wolfcamp, and whether or not PXD has the capability to employ its assets efficiently enough to drill at a profit (given these factors) if the oil price increases over the foreseeable future. I'll be doing DD in the meantime, and report anything I find interesting (given I don't lost interest along the way).

[ValueInvestor15]

Fundamental analysis show Pioneer Natural Resources is 15% undervalued prior to earnings Fair Value

[56Chevy]

Pioneer Natural Reso (PXD)

Pioneer Natural Reso (PXD)
$186.20 up 0.87 (0.47%)
Volume: 1,249,374

-Price of WTI Oil: $50.49 @ bbl

-The IHS Energy Analysis of Drilled, but Uncompleted Wells [DUC] in the Eagle Ford Shale indicates DUCs can be converted to producing assets for approximately 65 percent of the cost of a new drill, significantly lowering the economics when evaluated against remaining costs. When considering the productivity of the Eagle Ford DUC inventory, nearly 40 percent of the *1,400 DUCs are considered to have attractive economics (break-even costs below $30 per barrel) and belong to a handful of operators, IHS said. Those operators include BHP Billiton, Chesapeake, Anadarko Petroleum, EOG Resources, ConocoPhillips and Pioneer Resources. Thirty-three other operators account for the remainder.

http://press.ihs.com/press-release/uncompleted-wells-eagle-ford-shale/large-inventory-drilled-uncompleted-wells-pose-oppo

*This article is not farm fresh [April 2015] so the number of DUC's in the Eagle-Ford has increased significantly since it was put out.

[Timothy Smith]

It's a great M & A candidate as well but I was just saying Pioneer was best first option.

[north40000]

PE excluded from that acquisition? I would not think so for reasons we have discussed months ago.

[Timothy Smith]

Pioneer Natural Resources (PXD -1.3%) says it plans to increase drilling activity in Texas following closing the sale of its Eagle Ford shale pipeline and processing business, despite the ~15% drop in crude prices since late June.

[Timothy Smith]

Pioneer is the single most attractive takeover target to Exxon Mobil (NYSE:XOM) in my opinion.

[Timothy Smith]

PXD and fracking companies overall including CXO, EOG, WLL and CLR - have been willing to largely ignore their high capital expenditures.

I believe the U.S. energy revolution is in its very early stages, and efficiency and operational performance continues to grow at high pace, making long-term projections for both expenditures and production challenging.

[Timothy Smith]

Pioneer Natural Resources have been on the rebound since a disappointing Q4 earnings report, in part because the company’s debt levels and development costs are lower than its competitors, which puts it in a strong position to weather the oil slump, according to a Bloomberg profile.

[Timothy Smith]

$PXD’s debt is ~1.4x a projection for its 2015 EBITDA

[56Chevy]

Pioneer Natural Reso (PXD)

$136.47 up 1.54 (1.14%)
Volume: 2,148,935

*Price of Oil; $45.35 as of 11:28am PST

[56Chevy]

Pioneer Natural Reso (PXD)

$147.94 up 3.14 (2.17%)
Volume: 3,418,667

*Price of oil: $54.84 as of 10Pm PST on 12/18/2014

http://investorshub.advfn.com/

[56Chevy]

Pioneer Natural Resources (PXD)

$ 134.80 up 2.63 (1.99%)
Volume: 3,809,887

*Price of Oil: $54.95 as of 8pm PST

http://investorshub.advfn.com/

[bsdvs23]

$PXD: Potential 181 bounce, if support continues to fail here...

B!

[GreenShootz]

I am looking for PXD to hit 231 in the shortterm

[GreenShootz]

I am buying PXD and think it can hit $333

[Artimusol]

What you think the PPS will be in a year??

[GreenShootz]

PXD broke through 227 resistance and in blue sky terrritory

[bsdvs23]

It's ONLY going to climb with the events in Iraq and the ISIS terrorist group. Oil Prices, IMO, are about to explode in the near term.

B!

[GreenShootz]

PXD looking up with oil price pressures still high!!!

[bsdvs23]

There's the bounce I was expecting....

$PXD = ATM Machine $$$$

B!

[bsdvs23]

$PXD: Looking for reversal here....

Intraday needs to break and close above the 185 area...


B!

[bsdvs23]

$PXD: 3rd & 4th provided warning signs... hope those took profits....

I sold a significant of my position on those two days and will repurchase once we gain some traction here.... I think this stock will retet the 182 area, unless there is strong news.

FOLLOW THE MONEY AND TAKE PROFITS WHEN POSSIBLE $$$$$

B!

[bsdvs23]

$PXD: Bounce Play Here....

Took some solid profits.... Yesterday's trading action signaled the pullback today.

B!

[bsdvs23]

$PXD: Blue sky Breakout!!!

B!

[bsdvs23]

$PXD: Solid Volume Friday $$$$$

Been in this stock since the single digits! Lovin' the smell of $$$$$

FOLLOW THE $$$$$

B!

[bsdvs23]

$PXD: Amazing Week!!! Close GREEN.

B!

[bsdvs23]

$PXD: Monster Breakout!!!

I see 6-figures of GREENNNNNNN..... SHOWTIME $$$$$$

B!

[bsdvs23]

$PXD: Breaking Out $$$$

B!

[bsdvs23]

$PXD: 198 resistance area - double top...

Support remains 195 mark...

BULLISH GOLDEN CROSS POSSIBLE NEXT WEEK.... ON ALERT $$$

B!

[bsdvs23]

$PXD: Bounced & Closed Up $3.17

Testing of the 195/196 area.... I suspect this might consolidate a little....

HUGE MONTH FOR $PXD IN FEBRUARY!!! FOLLOW THE MONEY $$$$$

B!