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Pxd

Posted: Wed Jan 05, 2022 3:26 pm
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

Re: Pxd

Posted: Wed Jan 05, 2022 4:19 pm
by dan_s
This tells me that Pioneer believes oil and gas prices are going a lot higher.