Positive Cash Flow To Support PXD Stock Through The Crisis
- Monday, October 19, 2020, 7:16
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Despite a steep decline in benchmark crude oil prices, Pioneer Natural Resources
did not curtail production or slash dividends, thanks to the company’s low production costs and sizable hedge position. While the company’s revenues are expected to contract by 30% to $6.5 billion for the full year…
did not curtail production or slash dividends, thanks to the company’s low production costs and sizable hedge position. While the company’s revenues are expected to contract by 30% to $6.5 billion for the full year…
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