Pxd

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Fraser921
Posts: 3240
Joined: Mon Mar 22, 2021 11:48 am

Pxd

Post by Fraser921 »

New Years resolution

Pioneer Natural Resources reported in a January 2022 investor presentation that they have liquidated all remaining 2022 oil hedges. They also have minimal natural gas positions and no NGL coverage for the year.

Wow

Unhedged for 2022!!!! page 4

https://investors.pxd.com/static-files/ ... 3f01f6d444
Last edited by Fraser921 on Wed Jan 05, 2022 4:20 pm, edited 2 times in total.
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dan_s
Posts: 37318
Joined: Fri Apr 23, 2010 8:22 am

Re: Pxd

Post by dan_s »

This tells me that Pioneer believes oil and gas prices are going a lot higher.
Dan Steffens
Energy Prospectus Group
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