PXD News and Press, Pioneer Natural Resources Company From 01/12/24

2024-01-12 11:48:05 ET Summary Occidental Petroleum Corporation has acquired CrownRock for $12 billion, potentially boosting its Permian Basin production by 28% in 2024. Occidental is making progress in carbon capture technology, receiving support from investors like BlackRock and...

2024-01-08 01:41:28 ET Summary President Maduro of Venezuela escalates tensions with Guyana, claiming Venezuela's right to defend itself and its interests. The discovery of 11Bboe in the Stabroek block may be a motive for President Maduro to nationalize the block, putting Exxon, C...

2024-01-07 09:30:00 ET Summary APA Corporation has announced the acquisition of Callon Petroleum in an all-stock deal valued at $4.5 billion. The stock price of APA Corporation fell following the news, while Callon Petroleum's stock price increased. The deal is part of a trend...

2024-01-05 13:30:00 ET Summary Exxon Mobil Corporation stock has delivered a flat 1-year total return as investors rotated out after its 2022 cycle peak. XOM investors shouldn't be surprised. The energy sector is assessed to be 8% below its fair value, suggesting relatively attrac...

2024-01-04 06:28:00 ET Wall Street has a habit of swinging between being overly positive and overly negative. One area where those positive feelings often reign supreme is in the arena of mergers and acquisitions. But not all big deals that are proposed succeed, and there are material impli...

Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today announced that Richard ("Rich") P. Dealy has commenced his new role as Chief Executive Officer (CEO) and Scott D. Sheffield has transitioned to the non-executive role of Special Advisor to the CEO, both effective Ja...

2023-12-31 05:19:00 ET Summary Exxon Mobil's profits have been impacted by lower oil prices this year, but the company has used its strong cash flows to invest in the future. The company's earnings power is still strong, despite the drop in oil prices, and it has made strategic ac...

2023-12-29 13:35:50 ET Summary Top positions for 2024 include T-Bills, municipal bonds, Flow Traders, Pioneer Natural Resources, and Grayscale Bitcoin Trust. T-Bills offer a higher yield than bonds and have a lower risk profile. Municipal bond funds are trading at significant ...

2023-12-27 12:00:00 ET Summary Exxon Mobil's shares have underperformed the market and are likely to continue to do so due to overexposure to commodity price cycles. Q4 earnings could disappoint investors due to the plunging oil prices. The completion of the Pioneer Natural Re...

2023-12-24 09:11:28 ET More on Bristol-Myers Squibb Company , Karuna Therapeutics, etc. Bristol-Myers Squibb: Too Many Headwinds To Ignore, Despite The Stellar Bristol Myers Squibb: Aggressive M&A, A Riskier Strategy To Fix The Growth Challenge Bristol Myers...