(MT Newswires) -- Pioneer Natural Resources (PXD) CEO Scott Sheffield says oil could reach $100 a barrel by the fourth quarter. He also says oil output in the Permian Basin will peak in five to six years. He speaks to Bloomberg's Alix Steel at CERAWeek by S&P Global in Houston.
Pioneer Natural Resources Company
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PXD
US7237871071
Oil & Gas Exploration and Production
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Capi.
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82.6 USD | -1.24% | -1.00% | - | ||
78.29 USD | -1.20% | -0.62% | - | ||
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+7.28% | 297B | |
+3.97% | 141B | |
+47.85% | 124B | |
+21.45% | 82.33B | |
+6.77% | 74.63B | |
+6.35% | 56.36B | |
+7.22% | 47.85B | |
-9.88% | 35.61B | |
+27.59% | 35.28B |
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- INTERVIEW - Scott Sheffield, CEO of Pioneer: towards $100 a barrel by the fourth quarter?