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Pioneer Natural Resources Co (PXD) Q2 2021 Earnings Call Transcript


Operator
Welcome to Pioneer Natural Resources Second Quarter Conference Call. Joining us today will be Scott Sheffield, Chief Executive Officer; Rich Dealy, President and Chief Operating Officer; Joey Hall, Executive Vice President of Operations; and Neal Shah, Senior Vice President and Chief Financial Officer. Pioneer has prepared PowerPoint slides to supplement their comments today. These slides can be accessed over the Internet at www.pxd.com. Again, the Internet site to access the slides related to today s call is www.pxd.com. At the website, select Investors, then select Earnings and Webcast. This call is being recorded. A replay of the call will be archived on the Internet site through August 30, 2021. The company s comments today will include forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements and the business prospects of Pioneer are subject to a number of risks and uncertainti ....

United States , Raymond James , Richardp Dealy , Charles Meade Johnson , John Freeman , Derrick Whitfield Stifel , Neal Shah , Nealh Shah , Joey Hall , Scott Hanold , Neil Mehta Goldman , Doug Leggate , Charles Meade , John Freeman Raymond James , Neil Mehta , Scottd Sheffield , Derrick Whitfield , Lori Billingsley , Scott Sheffield , Exchange Commission , Pioneer Natural Resources Co , Goldman Sachs , Doug Leggate Bank , Chief Executive Officer , Rich Dealy , Chief Operating Officer ,

Pioneer Natural Resources Warns of Tepid Shale Growth in Coming Years


Liz Hampton, Reuters
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Pioneer Natural Resources Co.’s top executive said on Aug. 3 that U.S. shale growth was “not going to grow that much” in the coming years as oil and gas companies continue to focus on capital discipline and shareholder returns.
Pioneer CEO Scott Sheffield anticipates output in the Permian Basin to grow roughly 5% in line with his own company’s planned production increases over the coming years, while other basins will be flat or face declines, he said during a second-quarter conference call.
Irving, Texas-based Pioneer is the largest producer in the Permian Basin. It grew its holdings there with the acquisitions of Double Point Energy and Parsley Energy this year. ....

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