Pioneer Natural Resources $PXD Crushed 7.5% After CAPEX Cut

Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • 01 Aug '17 at 7:19 pm #10810
    ThePitBoss
    Participant

    [article]99[/article]

    02 Aug '17 at 2:24 am #10811
    ClemSnide
    Participant

    Lowering guidance sounds prudent in this market until you read “Operationally, we fell behind on our completions due to unforeseen drilling delays.” That is a concern and suggests to me that there is more to it – blame oil prices, blame Russia while your at it I guess.

    02 Aug '17 at 5:29 pm #10825
    ThePitBoss
    Participant

    $PXD BoAML liked the qtr too but says ppl fixated on wrong things like usual! via @apppro1

    Going to destroy $XOP today. UGH And $FANG blew it away

  • Author
    Posts
Viewing 3 posts - 1 through 3 (of 3 total)
  • You must be logged in to reply to this topic.