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Tag: natural resources
Pioneer Natural Resources Warns of $832 Million Loss for Quarter
2021-07-27 17:30:00| OGI
Pioneer Natural Resources is expecting to report a total net loss on derivatives of about $1.5 billion for the first half of the year, the Permian Basin producer said in a regulatory filing.
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Southwestern Energy to Buy Haynesville Producer Indigo Natural Resources in $2.7 Billion Deal
2021-06-02 15:38:39| OGI
U.S. gas producer Southwestern Energy Co. has entered into a definitive merger agreement with Haynesville producer Indigo Natural Resources LLC under which it will acquire Indigo for approximately $2.7 billion, the company said on June 2.
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Pioneer Natural Resources More than Doubles Profit in First Quarter
2021-05-04 23:05:00| OGI
Pioneer Natural Resources, which operates in the Permian Basin in West Texas, said that its total output was 474,000 boe/d in the first quarter, compared with 364,000 boe/d of production in fourth-quarter 2020.
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Pioneer Natural Resources Warns of Near $700 Million Loss on Hedges
2021-04-27 22:11:31| OGI
Many producers raced to lock in sales when crude oil prices rose to over $40 per barrel last year but are now faced with losses after oil prices climbed.
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Pioneer Natural Resources Falls after Surprise Multibillion-dollar Shale Deal
2021-04-05 22:15:00| OGI
DoublePoint Energy will add 97,000 acres to Pioneers holdings in the Permian Basin and analysts at Cowen & Co. praised the deal, saying it undoubtedly fits like a glove within PXDs Midland Basin acreage.
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