Sep 07, 2022 / 02:55PM GMT
Jeanine Wai - Barclays Bank PLC, Research Division - Research Analyst
All right. I think it's still morning, so good morning, everyone. Thanks very much for attending our 36th Annual Barclays CEO Energy-Power Conference. It is our absolute delight to have Mr. Scott Sheffield, CEO of Pioneer Natural Resources, with us today.
For those who aren't familiar, Pioneer is a large cap, pure-play Permian E&P, and they're running the largest program in the basin. The company also has led the charge on having a strategic cash return framework, which calls for returning up to 75% of post-dividend ree cash flow via variable dividend. In addition, Pioneer is executing buybacks to further sweeten shareholder returns. And what's also very differentiating about the company is that Pioneer targets Scope 1/2 net zero by 2050.
So you've got some keypads there. They've been wiped or else there's wipes that you can wipe them off again, if you want. And so we have 2 polling questions before we start. We'll put the questions on the screen, press the number for your response, and then we'll see the results
Pioneer Natural Resources Co at Barclays CEO Energy-Power Conference Transcript
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