Replies to post #62 on Pioneer Natural Resources Company (PXD)

[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.