Pioneer Natural Resources (NYSE:PXD)
An independent oil and gas exploration and production company with current operations in the United States, Canada, Equatorial Guinea, Nigeria, South Africa and Tunisia.
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Investing in an independent oil and gas company is smart in this economic slowdown as the price increases and the dollar declines in value...
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Another nice natural resource company
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At the end of 2007, it acquired almost $500 Million in drilling locations which will greatly increase their oil output. The price of oil is increasing almost daily, meaning that once they are able to fully tap their new supplies, their profits should increase substantially.
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tapping that new oil well eh?
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Pioneer's focus on longer-lived, lower-risk onshore U.S. properties should help sustain production growth without requiring extensive high-risk exploration or high-cost acquisitions.
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Southeastern owns 20%
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MLP Announcements are compelling
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Fool UK
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