Pioneer Natural Resources Company (NYSE:PXD) (Pioneer or the Company) today announced that the Company added proved reserves totaling 177 million barrels oil equivalent (MMBOE) during 2014 from discoveries, extensions and technical revisions of previous estimates (excludes revisions of previous estimates of 39 MMBOE of proved undeveloped (PUD) reserves related to vertical drilling locations in the Spraberry/Wolfcamp [...]
Pioneer Natural Resources Company (NYSE:PXD) (Pioneer or the Company) today announced financial and operating results for the quarter ended December 31, 2014. Pioneer reported fourth quarter net income attributable to common stockholders of $431 million, or $2.91 per diluted share (see attached schedule for a description of the net income per diluted share calculation). Without the effect of noncash derivative [...]
Pioneer Natural Resources Company (NYSE:PXD) (Pioneer or the Company) today announced that severe winter weather in West Texas has significantly impacted production and drilling operations in the Spraberry/Wolfcamp area. At the beginning of January, the Spraberry/Wolfcamp area experienced heavy icing and freezing temperatures that has resulted in extensive power outages, facility freeze-ups, trucking curtailments and [...]
Pioneer Natural Resources Company (NYSE:PXD) (Pioneer or the Company) today announced that it has converted approximately 85% of its 2015 oil derivative contracts from three-way collars to fixed-price swaps. Pioneers 2015 fixed-price oil swaps cover 82,000 barrels of oil production per day at an average NYMEX price of $71.18 per barrel. These fixed-price derivative swaps and Pioneer's remaining three-way collar [...]
Pioneer Natural Resources Company (NYSE:PXD) today announced that Tim Dove, President and Chief Operating Officer, will participate in a panel discussion at The Goldman Sachs Global Energy Conference on Wednesday, January 7, 2015 at 10:15 a.m. ET. The subject of the panel discussion will be Permian Basin Translating Resource to Oil Growth. The panel will not be webcast. Pioneer is a large independent oil and gas [...]
Pioneer Natural Resources Company (NYSE:PXD) today announced that Tim Dove, President and Chief Operating Officer, will present at the Capital One Securities Annual Energy Conference on Wednesday, December 10, 2014 at 8:20 a.m. Central time. Any interested person may listen to the live presentation and view the presentation slides during the conference, or hear an archived version afterwards, by logging on to Pioneers [...]
Pioneer Natural Resources Company (Pioneer) (NYSE:PXD) today announced its fourth quarter 2014 earnings press release is scheduled to be issued after the close of trading on the New York Stock Exchange on Tuesday, February 10, 2015. A conference call is scheduled for Wednesday, February 11, 2015 at 9:00 a.m. Central Time to discuss the fourth quarter results. Instructions on how to listen to the call and view the [...]
Pioneer Natural Resources Company (NYSE:PXD) today announced that Tim Dove, President and Chief Operating Officer, will present at The Bank of America Merrill Lynch Global Energy Conference on Thursday, November 13, at 11:15 a.m. Eastern. Any interested person may listen to the live presentation and view the presentation slides during the conference, or hear an archived version afterwards, by logging on to Pioneers [...]
Pioneer Natural Resources Company (NYSE:PXD) (Pioneer or the Company) today announced that it has priced a public offering of 5,750,000 shares of its common stock for proceeds of approximately $1 billion. Citigroup and BofA Merrill Lynch are acting as joint book-running managers and have offered the shares from time to time for sale in one or more transactions on the New York Stock Exchange, in the over-the-counter [...]
Pioneer Natural Resources Company (NYSE:PXD) (Pioneer or the Company) today announced that it has agreed to sell 5,750,000 shares of its common stock in an underwritten public offering. Citigroup and BofA Merrill Lynch are acting as joint book-running managers and may offer the shares at prevailing market prices or otherwise from time to time through the New York Stock Exchange, in the over-the-counter market, through [...]
Pioneer Natural Resources Company (NYSE:PXD) (Pioneer or the Company) today announced financial and operating results for the quarter ended September 30, 2014. Pioneer reported third quarter net income attributable to common stockholders of $374 million, or $2.58 per diluted share (see attached schedule for a description of the net income per diluted share calculation). Without the effect of noncash derivative [...]
Pioneer Natural Resources Company (NYSE:PXD) (Pioneer or the Company) today announced that the Company is pursuing the divestment of its 50.1% share of the Eagle Ford Shale Midstream business (EFS Midstream). Reliance Holding USA, Inc. (Reliance) owns the remaining 49.9% of the EFS Midstream business and also plans to pursue the divestment of its share in a joint process with Pioneer. Pioneer is the operator of [...]