Pioneer Natural Resources Co at JPMorgan Energy Conference Transcript
Delighted to have Pioneer to present this morning. Obviously, Pioneer is one of the largest Permian Basin operators in the industry. It's been a time of significant change for the company. Over the last 12 months or so, they've achieved to where they're a pure play Permian operator and have a series of initiatives underway focused on reducing their breakeven costs and getting to a free cash flow inflection point.
With that, delighted to have Rich Dealy to present today. He's the CFO of the company. Rich?
Thanks, Arun, and good morning. Appreciate everybody being here. I'll start with -- get through this.
Pioneer, as Arun mentioned, we have -- with our sale of our Eagle Ford assets that we announced back in early May, we are now 100% Permian pure play, where we have 680,000 acres net in the Permian Basin, 1,400 horizontal wells that we have producing today and a significant
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