Pioneer Natural Resources Stock Forum

US is Producing 12.9 Million Barrels Per Day
That's BIGGER than Saudi Arabia and Russia, countries you naturally associate with being global leaders in oil production.
This rapid growth in production since 2008 has been driven by the Shale boom out of Texas, New Mexico & North Dakota.
This higher production helps the U.S. offset the impact of supply cuts for domestic consumers from OPEC, who generally favour higher prices.
$Pioneer Natural Resources(PXD.US)$$BP PLC(BP.US)$$TotalEnergies(TTE.US)$$Shell PLC(SHEL.US)$$Exxon Mobil(XOM.US)$$Chevron(CVX.US)$$Occidental Petroleum(OXY.US)$$ProShares UltraShort Bloomberg Crude Oil ETF(SCO.US)$$Powershares Db Multi-Sector Commodi Powershares Db Oil Fund(DBO.US)$$ProShares Ultra Bloomberg Crude Oil ETF(UCO.US)$$United States Oil Fund LP(USO.US)$

As consolidation in the energy industry accelerates, mergers and acquisitions have been particularly active this year in the U.S. oil sector, with producers actively seeking high-quality assets in the prolific Permian Basin. On Monday, Buffett-backed $Occidental Petroleum(OXY.US)$ announced its acquisition of CrownRock, one of the most popular private shale oil producers in the United States, for $12 ...

The research is done by the respective broker and I do not endorse any of them. Just sharing here for information and reading pleasure.
DBS: Pioneer Natural Resources Co – Hold Target Price US$245.0 - Alpha Edge Investing
$Pioneer Natural Resources(PXD.US)$

📣BREAKING: Berkshire Hathaway Ups Stake in Occidental Petroleum, Now Holds Over 25% of the Company! $Occidental Petroleum(OXY.US)$$Exxon Mobil(XOM.US)$$Chevron(CVX.US)$$Pioneer Natural Resources(PXD.US)$
Key Details:
✅ Berkshire Hathaway recently bought 3.9 million shares of Occidental Petroleum (OXY), taking its stake to 228 million shares valued at $14.5 billion.
✅ The recent purchase was made at an average price close to $63 a share.
✅ Occidental shares rose 1.2% on Wednesday to $63.47 follow...

Following the $59.5 billion acquisition of Pioneer Natural Resources$Pioneer Natural Resources(PXD.US)$ by ExxonMobil$Exxon Mobil(XOM.US)$ , the Jim Cramer Charitable Fund has decided to sell all 300 of its shares in Pioneer Natural Resources (PXD). Although the fund had the option to hold Pioneer shares until the expected merger closing date of June 30, 2024, it preferred to cash out the profits and reinvest the cash in other...

$Southwestern Energy(SWN.US)$ Big oil gonna grab all the gas while it's still cheap!
$Exxon Mobil(XOM.US)$$Pioneer Natural Resources(PXD.US)$$Occidental Petroleum(OXY.US)$$Sunoco(SUN.US)$$Advanced Micro Devices(AMD.US)$$NVIDIA(NVDA.US)$$Netflix(NFLX.US)$$Starbucks(SBUX.US)$$Uber Technologies(UBER.US)$$Lululemon Athletica(LULU.US)$$Flex LNG(FLNG.US)$$SATS(S58.SG)$$Invesco QQQ Trust(QQQ.US)$

$Exxon Mobil(XOM.US)$ + $Pioneer Natural Resources(PXD.US)$ would make Exxon the largest player in the Permian
Exxon's $59.5 billion all-stock acquisition of Pioneer Natural Resources put downward pressure on the energy sector, leading to a 3.6% dip in Exxon's shares and a 2.5% drop in WTI crude oil prices. Meanwhile, the consumer staples and health care sectors also faced declines.

News Highlights
$Tesla(TSLA.US)$ shares fell by 0.24%, closing at $262.99. Its options trading volume is 1.59 million. Call contracts account for 56.5% of the whole trading volume. The most traded calls are contracts of $260 strike price that expire on October 13th. The total volume reaches 85,133 with an open interest of 14,216. The most traded puts are contracts of a $250 strike price that expires ...