Pioneer Joins Permian Oil Dividend Party As Exxon ‘Gets It Wrong’

Feb.20 — Pioneer Natural Resources became the latest Permian oil producer to hike its dividend as shareholders push for better returns. Fellow shale oil producers Concho Resources, Diamondback Energy, Devon Energy and Parsley Energy also increased their dividends. On “Bloomberg Commodities Edge”, Bloomberg’s Alix Steel talks with Paul Sankey, senior oil and gas analyst at Mizuho Securities, about the dividend hikes.


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