Gerasimov174
Introduction
I've been a shareholder of Pioneer Natural Resources (PXD) for a few years, as it has always been one of my favorite plays to benefit from the new post-pandemic era of oil and gas. However, I always kept the stock in
I Made Pioneer My Largest Energy Investment
Summary
- In this article, I start by explaining why I am a long-term energy bull based on demand and supply developments.
- To prepare for a potentially prolonged period of high oil and gas prices, I made Pioneer Natural Resources my largest energy investment.
- The company has high-quality reserves, efficient operations, a healthy balance sheet, and a very attractive capital spending program.
- I consider PXD to be one of the best energy stocks on the market and a great source of outperforming capital gains and dividend income.
Leo Nelissen is an analyst focusing on major economic developments related to supply chains, infrastructure, and commodities. He is a contributing author for iREIT®+HOYA Capital.
As a member of the iREIT®+HOYA Capital team, Leo aims to provide insightful analysis and actionable investment ideas, with a particular emphasis on dividend growth opportunities. Learn More.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of PXD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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