UPDATE 1-Texas regulators meet to consider curtailing oil and gas output [Reuters]
Pioneer Natural Resources Company (PXD)
Last pioneer natural resources company earnings: 2/19 04:07 pm
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Source: Reuters
Texas regulators meet to consider curtailing oil and gas output (Reuters) - The day after U.S. crude prices crashed into negative territory for the first time ever, Texas oil and gas regulators on Tuesday considered taking action to force producers to curtail oil output for the first time since 1972. Oil and gas companies have been gushing red ink and cutting tens of thousands of workers as prices tumble, prompting regulators in the largest U.S. oil-producing state to wade into global oil politics and consider some producers’ calls for cuts. On Monday the May futures contract for U.S. crude closed at a negative $37.63 a barrel as traders desperate to avoid owning oil paid others to take it. The price crash is the “elephant in the room” at Tuesday’s virtual meeting, Texas Railroad Commission Chairman Wayne Christian said at the start, adding that the industry will recover once the coronavirus crisis passes. “It will not happen overnight,” Christian said. While the federal government ha
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PXD
News
- Exxon to take up to two years to hit stride with Pioneer purchase [Yahoo! Finance]Yahoo! Finance
- Exxon to take up to two years to hit stride with Pioneer purchase [Reuters]Reuters
- Trustbusters target poor man's John D. Rockefeller [Reuters]Reuters
- F.T.C. Clears Exxon Mobil’s Acquisition of Pioneer Natural Resources [The New York Times]The New York Times
- Pioneer Natural Resources Responds to FTC Settlement Complaint Filed as Part of Approval of Proposed Transaction with ExxonMobilBusiness Wire
PXD
Earnings
- 5/2/24 - Miss
PXD
Sec Filings
- 5/3/24 - Form POSASR
- 5/3/24 - Form POSASR
- 5/3/24 - Form POSASR
- PXD's page on the SEC website