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Pioneer (PXD) Sets Ambitious Goal to Combat Climate Change
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Pioneer Natural Resources Company (PXD - Free Report) announced plans to cut methane and greenhouse gas emissions. This signifies that investors and shareholders want the energy industry to make concerted efforts to reduce emissions that will help combat global warming.
The leading oil and gas exploration and production company has set up ambitious goals that by 2030, it will slash methane intensity by 40% and greenhouse gas intensity by 25%. The upstream firm has also decided to limit its flaring intensity to below 1% of produced natural gas. Included in the plan, Pioneer Natural’s routine gas flaring will get eradicated by 2030 or earlier.
Last month, the market saw Occidental Petroleum Corporation (OXY - Free Report) as the first leading American oil company to set a target of reaching net-zero emission by 2040. Thus, it has become evident that U.S. oil majors are gradually joining European peers to combat climate change. But oil producers in the United States still primarily see shale plays as their future.
Headquartered in Irving, TX, Pioneer Natural currently carries a Zacks Rank #4 (Sell).Meanwhile, a few better-ranked players in the energy space include DCP Midstream, LP and HighPoint Resources Corporation . Both the stocks sport a Zacks Rank #1 (Strong Buy).You can see the complete list of today’s Zacks #1 Rank stocks here.
DCP Midstream has seen upward estimate revisions for 2020 bottom line in the past 30 days.
HighPoint is likely to see earnings growth of 167.5% in 2020.
These Stocks Are Poised to Soar Past the Pandemic
The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.
Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.
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Pioneer (PXD) Sets Ambitious Goal to Combat Climate Change
Pioneer Natural Resources Company (PXD - Free Report) announced plans to cut methane and greenhouse gas emissions. This signifies that investors and shareholders want the energy industry to make concerted efforts to reduce emissions that will help combat global warming.
The leading oil and gas exploration and production company has set up ambitious goals that by 2030, it will slash methane intensity by 40% and greenhouse gas intensity by 25%. The upstream firm has also decided to limit its flaring intensity to below 1% of produced natural gas. Included in the plan, Pioneer Natural’s routine gas flaring will get eradicated by 2030 or earlier.
Last month, the market saw Occidental Petroleum Corporation (OXY - Free Report) as the first leading American oil company to set a target of reaching net-zero emission by 2040. Thus, it has become evident that U.S. oil majors are gradually joining European peers to combat climate change. But oil producers in the United States still primarily see shale plays as their future.
Pioneer Natural Resources Company Price
Pioneer Natural Resources Company price | Pioneer Natural Resources Company Quote
Headquartered in Irving, TX, Pioneer Natural currently carries a Zacks Rank #4 (Sell).Meanwhile, a few better-ranked players in the energy space include DCP Midstream, LP and HighPoint Resources Corporation . Both the stocks sport a Zacks Rank #1 (Strong Buy).You can see the complete list of today’s Zacks #1 Rank stocks here.
DCP Midstream has seen upward estimate revisions for 2020 bottom line in the past 30 days.
HighPoint is likely to see earnings growth of 167.5% in 2020.
These Stocks Are Poised to Soar Past the Pandemic
The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.
Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.
See the 5 high-tech stocks now>>