This Oilman's Retirement Party Is Worth Billions
April 27, 2023 at 12:44 PM EDT
This Oilman's Retirement Party Is Worth Billions Dear Reader, In 2016, Pioneer Natural Resources (PXD) founder Scott Sheffield retired. Shares of the company he'd created had plunged from about $280 per share in mid-2014 to around $110 by mid-2016. It was quite a drop and quite a blow to perhaps one of the most prolific Texas oilmen in history. It came after a time […] The post This Oilman's Retirement Party Is Worth Billions appeared first on Money Morning - We Make Investing Profitable .