Pioneer natural resources company reports q4 adjusted non-gaap earnings per share $2.36 excluding items
Mpany reports fourth-quarter and full-year 2019 financial and operating results; provides 2020 outlook.q4 adjusted non-gaap earnings per share $2.36 excluding items.q4 earnings per share estimate $2.09 -- refinitiv ibes data.q4 earnings per share $2.06.q4 oil production of 220 thousand barrels of oil per day (mbopd).q4 total production of 363 thousand barrels of oil equivalent per day (mboepd).announced 2020 capital budget of $3.15 billion to $3.45 billion with cash flow expected to be $3.9 billion.increased quarterly dividend to $0.55 per share, or $2.20 per share on an annual basis.averaged q4 total production of 363 thousand barrels of oil equivalent per day (mboepd).pioneer natural resources - in 2020, plans to operate average of 23-24 horizontal rigs in permian basin.expects 2020 drilling, completions and facilities capital budget to range between $3.0 billion to $3.3 billion.expects 2020 capital program to be fully funded within forecasted cash flow of about $3.9 billion.expects 2020 oil production of 235 to 245 mbopd and total production of 383 to 403 mboepd.pioneer natural resources - increased oil derivative positions to about 149 mbopd for q1 2020 & 129 mbopd for fy 2020 at about $62 brent pricing.pioneer natural resources - q1 2020 oil production forecasted to average between 217 to 227 mbopd, total production to average between 361-376 mboepd.q1 2020 production costs are expected to average $8.25 per boe to $10.25 per boe.
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