(MT Newswires) -- Pioneer Natural Resources (PXD) CEO Scott Sheffield says oil could reach $100 a barrel by the fourth quarter. He also says oil output in the Permian Basin will peak in five to six years. He speaks to Bloomberg's Alix Steel at CERAWeek by S&P Global in Houston.
Pioneer Natural Resources Company
Equities
PXD
US7237871071
Oil & Gas Exploration and Production
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269.6 USD | +0.73% | 0.00% | +19.90% |
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Stocks mentioned in the article
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Capi.
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84.25 USD | +0.63% | +2.00% | - | ||
79.8 USD | +0.56% | +2.58% | - | ||
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+9.06% | 300B | |
+4.86% | 142B | |
+51.23% | 122B | |
+20.84% | 82.35B | |
+7.43% | 74.68B | |
+6.20% | 56.22B | |
+9.68% | 48.55B | |
+27.46% | 35.25B | |
-10.82% | 34.92B |
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- INTERVIEW - Scott Sheffield, CEO of Pioneer: towards $100 a barrel by the fourth quarter?