112 days ago • Posted by William Ramstein

Pioneer Energy has outperformed crude oil this year

The shale driller has shown strong results YTD and has recently set its sight on DoublePoint Energy, buying the firm in a deal worth $6.4B. In thus doing, Pioneer Natural Resource  will increase its position to more than 1 million net acres of land, much of which is still undrilled.

Source: Bloomberg 

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