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Pioneer Natural Resources Warns of $135 Million Hedge Loss

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Pioneer Natural Resources Warns of $135 Million Hedge Loss

Pioneer said in a 8k filing with the SEC that the company is expecting at $135 million hedge loss in Q3. 

That is down from the $358 million the company lost in Q2.  This brings the total loss from hedges to a whopping $701 million YTD.

In our Q2 2018 Hedge update we looked at the pure-play Permian operators and the loss from hedge amounted to $1.1 billion.


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