PXD
February 24, 2022 | Daily JAM, Dividend Income, PXD, Videos |
This week my Quick Pick is Pioneer Natural Resources (PXD). I don’t like oil and gas companies in the long term (hello, global warming), but in the short term I like companies that are exercising restraint in spending on further exploration and development. With oil prices rising, Pioneer is set to generate high positive cash flows in the short term. That surplus will be distributed in the company’s two-tier dividend structure, giving investors a nice pot of money. I’ve added Pioneer to my Dividend Portfolio
February 24, 2022 | CRWD, Daily JAM, DAL, EQNR, Jubak Picks, LNG, Millennial, Morning Briefing, PXD, Top 50 Stocks |
With the Russian invasion of Ukraine about to trigger another package of tougher U.S. and European sanctions, I think we can expect Russia to delver on Vladimir Putin’s promise of retaliation. The most obvious form of that will be cyberattacks on U.S. infrastructure, like the Colonial Pipeline attack, on U.S. financial systems through hacking to steal customer information and denial of service attacks, and on attacks to break into U.S. corporate networks to either paralyze those networks or to effectively put them off line. I wouldn’t rule out attacks on government infrastructure either at local, state, and national levels.
February 11, 2022 | COP, Daily JAM, EQNR, Jubak Picks, LNG, Morning Briefing, PXD, Volatility |
International benchmark Brent crude jumped as much as 4.7% to $95 a barrel for the first time since 2014. Brent was up 23.68% and trading at $94.77 at 3 p.m. New York time Friday. U.S. benchmark West Texas Intermediate, which normally trades below Brent in price, was up 4% to $93.50 a barrel at 3 p.m. in New York.
February 3, 2022 | COP, Daily JAM, EQNR, Jubak Picks, LNG, PXD, Volatility, XLE |
U.S. crude benchmark West Texas Intermediate rose above $90 a barrel–it closed at $90.87, up 0.60% for the day, for the first time since 2014. International benchmark Brent crude gained 0.42% to close at $91.53 a barrel. Of course, it took a wild confluence of events to push prices above $90.
February 1, 2022 | COP, Daily JAM, EQNR, Jubak Picks, LNG, PXD, Stock Alerts, Volatility |
OPEC+ meets tomorrow and the oil cartel and friends like Russia is expected to approve an increase in production that will reduce last year’s cuts in production. But the odds are that the decision won’t matter.
January 21, 2022 | COP, Daily JAM, EQNR, Jubak Picks, LNG, PXD, Short Term, Volatility |
On Saturday, January 15, in my “Saturday Night Quarterback” post wrote that conflict (a more comprehensive term than “war) between Russia and Ukraine remained a low probability event–but that the probability wasn’t zero and the the odds of conflict had increased in the past month. What’s happened since then? The odds of conflict have climbed
June 26, 2019 | Daily JAM, PE, PXD |
U.S. benchmark West Texas Intermediate crude is now up 10% for the week following on a 2.44% jump in price to $59.24 a barrel today. International benchmark Brent crude gained 1.94% to $66.31 a barrel. Continued tensions between the United States and Iran, of course,...
May 21, 2019 | Daily JAM, PXD, Stock Alerts, You Might Have Missed |
Today, May 21, Pioneer Natural Resources (PXD) announced that it would lay off 230 workers at its headquarters and in Permian Basin offices. Added to the 300 employees who took buyouts earlier this year, the total cuts amount to about 20% of the company's workforce....
May 8, 2019 | Daily JAM, PXD, Stock Alerts |
A complicated but very positive quarter for Pioneer Natural Resources (PXD.) The stock, a member of my long-term 50 Best Stocks Portfolio, climbed 3.92% today to $153.77. First, after the close on May 6, the company announced earnings of  $1.83 a share, 20 cents a...
April 25, 2019 | Daily JAM, Morning Briefing, PXD |
The battle for control of Anadarko Petroleum (APC) and its huge position in the oil shale geologies of the Permian Basis isn't over. Yesterday, Wednesday,  Occidential Petroleum (OXY) made a renewed bid to acquire Anadarko. The 50%/50% stock and cash offer from...
April 12, 2019 | Daily JAM, Morning Briefing, PXD |
Chevron (CVX) has agreed to buy Anadarko Petroleum (APC) for $33 billion in cash and stock. On the news shares of Anadarko are up 32.5% to $61.85. Shares of Chevron are off 4.91% to $119.81. Measured by oil and natural gas production, the deal puts Chevron...
March 29, 2019 | Daily JAM, FANG, HP, PXD |
Once upon a time investors and traders wanted to own the shares of U.S. oil shale producers and shares of the oil service companies that sold them equipment and services. U.S. oil production from oil shales--especially the low-cost Permian Basin--was soaring. Oil...
