Production

US independents ignore temptation, sticking to capital discipline

Companies reduce debt and increase shareholder returns instead of increasing capital budgets

Stable course: Pioneer Natural Resources chief executive officer Scott Sheffield says his company will accelerate its variable dividend instead of increasing capital spending
Stable course: Pioneer Natural Resources chief executive officer Scott Sheffield says his company will accelerate its variable dividend instead of increasing capital spendingPhoto: KAIA MEANS
Houston
USAEOGPioneer Natural ResourcesOccidentalAmericas
Published 12 August 2021, 22:02Updated 12 August 2021, 22:02