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Tag Archives: Pioneer Natural Resources

With lower price tag, Pioneer again looking to sell Eagle Ford assets

Pioneer Natural Resources Co. is seeking buyers for its Eagle Ford assets, report Matthew Monks and Dinesh Nair for Bloomberg. Citigroup Inc. and Tudor Pickering Holt & Co. are working with Pioneer to find buyers for the oil and gas operations in South Texas. Pioneer is looking to sell its assets for anywhere from $4 billion to $4.5 billion. Related: Pioneer Natural ...

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Stocks fall as oil price slump hits energy sector

Ken Sweet | The Associated Press NEW YORK — U.S. stock indexes moved mostly lower in early trading Monday after the market reached a record high last week. Energy stocks fell the most as the price of oil slumped. Campbell Soup fell after the company said its 2015 income would miss expectations. Yahoo, which owns a stake in Alibaba, rose ...

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Shell CEO says U.S. should export oil to stabilize markets

talkin shell

NEW YORK (Reuters) – U.S. policymakers should gradually lift the country’s decades-old ban on crude oil exports because allowing the shipments would make the global energy system and fuel prices more stable, the head of Royal Dutch Shell Plc <RDSa.L> said on Tuesday. “Policymakers here in the United States should embrace a truly liberalized, diverse and global energy market,” Shell ...

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Pioneer Natural Resources sells Barnett Shale holdings

Max B. Baker | Fort Worth Star-Telegram Irving-based Pioneer Natural Resources announced Monday that it is selling all of its assets in the Barnett Shale, along with a field in Kansas, to concentrate its activity in West Texas. The sale of holdings in the Barnett Shale and Hugoton field in Kansas will raise $495 million. Pioneer, which entered the Barnett in ...

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Basin oil, gas operators face complex issues

pump jack midland

By Paul Wiseman, Midland Reporter-Telegram Contributor With the complex issues facing today’s producers, business is just not as simple as concentrating solely on finding and producing oil and gas. Challenges with water, the amount of reserves and new drilling methods are all in play. A number of area producers recently responded to questions regarding these topics to shed light on the industry’s current ...

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