Thread regarding Pioneer Natural Resources Co. layoffs

Q3 earnings.

What are you thoughts. Underperformed, savings from G&A, “best balance sheet”.

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Post ID: @OP+17MvjMWl

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Is his head truly in the game to correct it? I feel like he is trying to save his last check and not to have to worry about it for the rest of his life.

Not meeting production growth and relying on g&a cuts, sounds like the last straw.

The market speaks for itself, stock is down, when our peers are trending up.

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Post ID: @1gxx+17MvjMWl

What I meant by bankruptcy is that the CEO will figure out any issue right away and some upper management will get fired and file for bankruptcy

The company Have a strong balance sheet and good top leader any mistake he will correct it swiftly

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Post ID: @1rct+17MvjMWl

G&A use to make a difference in conventional assets over 15 to 20 yrs ago when everything was good well studied and operated properly since early 1900

Now things are different And that is what upper management do not understand but they will when they file for bankruptcy
I was expect negative production growth starting q4 this year but to see them not meeting production target q3

The Bill always comes due always

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Post ID: @1moq+17MvjMWl

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