| Title: | Pioneer Natural Resources Company at Independent Petroleum Association of America 2008 OGIS New York Conference |
| Price: | $54.00 |
| Publication Date: | Apr 08, 2008 |
| Source: | Thomson StreetEvents |
| Company: | Pioneer Natural Resources Company |
| Report Type: | Transcript |
| Abstract: | Pioneer Natural Resources Company at Independent Petroleum Association of America 2008 OGIS New York Conference |
| Brief Excerpt: | ... - Pioneer Natural Resources Company - Chairman, CEO I think everybody has seen these statements. We will skip that. Let's go and get started. Again, it's always great to be here at IPAA. Let me go ahead give you an update on what Pioneer is doing. Obviously, starting about two years ago, coming back primarily to the US, refocusing on our old assets has turned out to be much better than ever dreamed of. Especially focusing primarily on the Spraberry trend area and also on the Raton, you can find things that will expand those projects much more significant than you ever thought. Especially with the price environment that we're seeing today. We did not anticipate ever drilling cash flow ##% per year. Our cash flow is targeted to grow ##% per year compounded over the next several years through ####. That is after-tax. After-tax cash flow is doubling from #### to ####. Production growth. Primarily we have upped it to ##% compounded growth rate over the next several years with our recent announcement... |
| Word Count: | 4038 |
| Length: | 7 Pages |
| Ticker: | PXD |
| Time: | 9:10AM ET |
| Related Report(s): | |
| Format: | 
Adobe Acrobat
|
| Free Sample: |
Click
Here
to Download
|
Looking For Something Else?
