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Pioneer Natural Resources lost $501 million on hedging in third quarter -filing

10/25/2021 | 06:03pm EST

Oct 25 (Reuters) - U.S. shale oil producer Pioneer Natural Resources on Monday reported it lost $501 million on oil and gas hedging in the third quarter, according to a securities filing.

The company's hedging losses totaled $2.02 billion for the nine months ended Sept. 30, the filing showed. (Reporting by Liz Hampton Editing by Chris Reese)


ę Reuters 2021
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