Plenty of other operators under severe stress that would make better buys than pioneer
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let me be straight with you, the oil price must stay in the mid 50's and the US oil production must offset the uncertainty and civil unrest in the Middle East and other places in the world (this must be done for National Interest of the United States and European Union). All Oil Majors (Total, Shell, Exxon, Chevron, Repsol, and others) will take over the Permian. All core assets controlled by small companies will be gone.
If it was up to PXD CEO he would have made it the size of Chevron but it is not up to him. Oil and Politics are related
Jan 2020 PXD will be a different company
Maybe if the MCO t–ds are flushed
No one will buy this boomer outfit, garbage midland basin company. Bunch of conventional fudds going after shale