Pioneer CEO Expects Brent in $100 Range by End of Year

Pioneer CEO Expects Brent in $100 Range by End of Year

Assessment

Interactive Video

Business, Engineering

University

Hard

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The video discusses the importance of capital discipline, emphasizing returning capital to shareholders through dividends and buybacks. It highlights a long-term growth strategy with a focus on increasing production by 5% annually. The discussion also covers oil price expectations, predicting Brent to reach $100 and WTI to be in the low 90s by year-end, influenced by rising Chinese demand.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How much free cash flow was returned to investors in dividends and buybacks?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What oil price range is expected for Brent by the end of the year?

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