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Gold/Mining/Energy : PIONEER NATURAL RES. (PXD)
PXD 269.620.0%May 3 4:00 PM EDT

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From: Jon Koplik3/16/2022 1:23:04 AM
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3/14/22 Bloomberg / Oil Hedges Go Out of Style as FOMO Grips Drillers Amid $100 Crude ..........................

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excerpt :

<<<<< Pioneer Natural Resources Co., the biggest oil producer in the Permian Basin, has closed out almost all of its hedges for this year in order to capture any run-up in prices. Shale producer Antero Resources Corp. is the “least hedged” in the company’s history, its finance chief said last month. Devon Energy Corp. is only about 20% hedged, compared to around 50% normally, and it plans to stay that way as prices show few signs of slowdown. >>>>>

Jon.

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