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Shale producer Pioneer's chief Sheffield to retire
  + stars: | 2023-04-26 | by ( ) www.reuters.com   time to read: +2 min
April 26 (Reuters) - Pioneer Natural Resources Co (PXD.N) on Wednesday said its chief executive officer, Scott Sheffield, will retire by the end of 2023, sending the U.S. shale producer's shares down 2% in extended trading. Sheffield, an energy veteran, served as Pioneer’s founding CEO from 1997 to 2016 and chairman since 1999. Its net income also fell 39% to $1.2 billion from $2 billion last year as oil prices cooled. The oil and gas producer anticipates second-quarter oil production between 357,000 and 372,000 barrels per day and total oil and gas production of between 647,000 and 702,000 barrels of oil equivalent per day. Natural gas producer EQT Corp (EQT.N) also beat profit estimates for the first quarter on higher sales volumes.
April 26 (Reuters) - Sheffield United secured automatic promotion to the Premier League with three games to spare after Wednesday's 2-0 home victory over West Bromwich Albion ensured they will finish second in the Championship behind champions Burnley. The Blades will return to the Premier League after two seasons, having been relegated in the 2020-21 campaign in which they finished bottom of the table. "We want to give back to the club and fans, I came here when we were in the Premier League and now we're back where we need to be." The top two in the division are promoted to the Premier League while the teams that finish third to sixth go into the playoffs to fight for the final spot. Promotion can be worth over 300 million pounds ($373.95 million) over five seasons if a club survives their first season in the Premier League - according to last year's Deloitte Annual Review of Football Finance.
CNN —Astronomers first discovered quasars, considered to be the brightest and most powerful objects in the universe, 60 years ago — but they didn’t understand their origin. Now, scientists think they have unlocked the mystery behind what ignites these celestial objects. Astronomers observed 48 different galaxies that contain quasars and compared them to more than 100 galaxies without them. When two galaxies merge, massive amounts of gas are pushed toward the supermassive black holes located at their centers. “Quasars play a key role in our understanding of the history of the Universe, and possibly also the future of the Milky Way.”
Pioneer set its second-quarter base plus variable dividend at $3.34 a share – factoring in a base dividend of $1.25, which was raised 14% from $1.10, and a variable dividend of $2.09. Management wants more flexibility to repurchase shares instead of paying a huge variable dividend. This means that Pioneer will likely shift what previously went to the variable dividend into share buybacks. Notably, Pioneer doesn't hedge its oil production, making its realized pricing closer to that of the underlying commodity. Oil production is forecast between 357,000 to 372,000 barrels per day, which at the midpoint tops estimates of 364,000.
Burnley seal Championship title
  + stars: | 2023-04-25 | by ( ) www.reuters.com   time to read: +1 min
[1/4] Soccer Football - Championship - Blackburn Rovers v Burnley - Ewood Park, Blackburn, Britain - April 25, 2023 Burnley players celebrate on the pitch after winning the match to become champions Action Images via Reuters/Lee SmithBLACKBURN, England, April 25 (Reuters) - Burnley clinched the Championship title with a 1-0 victory at local rivals Blackburn Rovers on Tuesday. Manuel Benson's 66th-minute effort sealed the points for a Burnley side who had already booked promotion to the Premier League. With two games remaining they have 95 points, 13 ahead of Sheffield United who can wrap up promotion on Wednesday. Blackburn remain in eighth place in England's second tier with 65 points but are level on points with Sunderland who are in the final playoff spot. Reporting by Martyn Herman Editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.
Manchester City comfortably beat Sheffield United 3-0 in the FA Cup semifinals. “I’ll talk to you about it after we have won the FA Cup and Premier League,” he told reporters after the FA Cup semifinal, per the BBC. “Before the final of the Champions League we will start to talk of the Treble. Can any team stop Manchester City this season? “One year you can do it – I don’t want to win one Champions League and after be in the bottom,” he aded.
Arsenal still have a five-point lead with six games to play but City have two matches in hand and look irresistible having collected 25 points from the last 27 on offer. According to statistician Simon Gleave of data company Gracenote, Arsenal's draw with Southampton left them with a 21% chance of dethroning City, while Pep Guardiola's side now have a 79% probability of finishing top. "I cannot wait, these are the games you want to play," Arteta said in the wake of Friday's draw. Arsenal have lost their last seven meetings with City in all competitions and have not won at City in the league since 2015. City have chipped away at Arsenal's lead while also progressing to the semi-finals of the Champions League and on Saturday reached the FA Cup final after easing past Sheffield United in third gear.
Man Utd reach FA Cup final after shootout victory over Brighton
  + stars: | 2023-04-23 | by ( ) www.reuters.com   time to read: +1 min
LONDON, England, April 23 (Reuters) - Manchester United beat Brighton & Hove Albion in a thrilling penalty shootout in their FA Cup semi-final at Wembley on Sunday after the game finished 0-0 after extra time to set up the first-ever all-Manchester clash in the final. Treble-chasing Manchester City await in the final after they beat Sheffield United 3-0 in their semi on Saturday. Sunday's semi was a rematch of the 1983 final, when Brighton lost to United in the south coast side's only appearance in the showcase game. Erik ten Hag's United, 12-times FA Cup winners, are chasing a cup double after winning the League Cup in February. The FA Cup final is on June 3 at Wembley.
April 23 - Manchester City's Riyad Mahrez is hoping that his historic hat-trick against Sheffield United in Saturday's FA Cup semi-final will keep him in coach Pep Guardiola's starting line-up in future games. "When you get an opportunity you have to prove to the coach that you deserve to play." Mahrez, 32, did not feature in either of City's Champions League quarter-final games against Bayern Munich, when Guardiola's team won 4-1 on aggregate. City, who are chasing a hat-trick of titles this season, will face either arch-rivals Manchester United or Brighton & Hove Albion in the FA Cup final on June 3. Editing by Ahmed Mostafa, Osama Khairy and Clare FallonOur Standards: The Thomson Reuters Trust Principles.
Climate change activists protest at Berlin Formula E race
  + stars: | 2023-04-23 | by ( ) www.reuters.com   time to read: +2 min
BERLIN, April 23 (Reuters) - Climate change activists delayed the start of an all-electric Formula E race at Berlin's Tempelhof airport circuit on Sunday after they climbed fences and sat in front of cars lined up on the starting grid. Letzte Generation (Last Generation) posted video on Twitter of white T-shirted supporters scaling the wire fence before being carried away by security. A Formula E spokesperson said the protest was "unrelated to the event". read moreBritain's Grand National horse race was delayed by animal rights protesters, with 118 people arrested read more . Twenty five people were also arrested at Saturday's Scottish Grand National.
Ten Hag pleased with United response in FA Cup semi-final win
  + stars: | 2023-04-23 | by ( ) www.reuters.com   time to read: +3 min
LONDON, England, April 23 (Reuters) - Manchester United bounced back from a difficult week with a 7-6 shootout win over Brighton & Hove Albion on Sunday that booked an FA Cup final spot to the relief of manager Erik ten Hag. It was the first-ever FA Cup semi-final shootout to go to sudden death. "He is quite cool when it comes to penalties and he's quite cool in general," Ten Hag said of Lindelof. MANCHESTER DERBYSunday's win set up the first all-Manchester FA Cup final, after City cruised past Sheffield United 3-0 on Saturday, and Ten Hag's second showpiece match in his first season at the helm after he guided United to a League Cup triumph in February. "Whether Manchester United win the cup or not it's going to be a fantastic season for them.
Merch Fit for a King
  + stars: | 2023-04-22 | by ( Chris Mandle | ) www.nytimes.com   time to read: 1 min
LONDON — When Dr. Imran Haq was a medical student in 2014, he had a chance encounter with King Charles III at an event. “I was struck by how normal he was,” said Dr. Haq, a surgeon for Britain’s National Health Service in Sheffield, England. About a decade later, the monarch became Dr. Haq’s muse. After the death of Queen Elizabeth II last year, Dr. Haq said his fondness for the British royal family inspired him to take up a hobby: designing cereal boxes as merchandise to commemorate Charles’s coronation on May 6. The boxes of his “Coronation Flakes” feature a cartoon rendering of the king on the front, along with the tagline: “They taste royally good.” On the back, there are puzzles and a cutout mask of Charles’s face.
CNN —Manchester City’s treble hopes remain alive after defeating Sheffield United 3-0 in the FA Cup semifinal, thanks to a hattrick from Riyad Mahrez. Still, City is one of the best teams in Europe while Sheffield United is fighting for promotion in England’s second tier – the Championship – but it was not an entirely one-sided game. And then five minutes later, he had a hattrick – the first in an FA Cup semifinal since 1958 – latching onto Jack Grealish’s cross and making no mistake with the finish. “It feels very good (to score a hat-trick),” Mahrez told ITV afterwards. It’s a good team achievement and we took the game seriously.”City will face either Manchester United or Brighton & Hove Albion in the FA Cup final on June 3.
CNN —Arsenal was cruising three weeks ago, one hand on its first Premier League trophy for 19 years, albeit with one eye on an impressive Manchester City, then eight points behind in the title race with a game in hand. It seemed like it might be a blip, simultaneously a dropped two points and salvaged one point, that injected drama into a title race still balanced on a knife-edge between Arsenal and City. Arsenal's three consecutive draws has changed the complexion of the title race. “Whether the point makes that much difference to Arsenal, I’m not quite sure,” former Liverpool player and now pundit Jamie Carragher said on Sky Sports. “They’ve probably got to go to Man City and get three points if they want to go on and win the league.
Are you looking to watch a Man City vs. Sheffield United live stream for free today? Watch Man City vs. Sheffield United online for free from anywhereA VPN is the best way to get around geo-restrictions and is a viable option for today's game if you want to watch the UK's free FA Cup live stream on ITV. How to watch Man City vs. Sheffield United with a VPNSign up for a VPN if you don't have one. Where to watch Man City vs. Sheffield United (UK)Ah, the FA Cup semi-final, one of the remaining English football matches still showing for free on terrestrial TV. If you'd rather watch online, you can tune in to the recently-rebranded ITVX streaming service for the FA Cup live stream.
Mahrez hat-trick sends Man City into FA Cup final
  + stars: | 2023-04-22 | by ( Martyn Herman | ) www.reuters.com   time to read: +4 min
[1/5] Soccer Football - FA Cup - Semi Final - Manchester City v Sheffield United - Wembley Stadium, London, Britain - April 22, 2023 Sheffield United's Wes Foderingham looks dejected after Manchester City's Riyad Mahrez scores their second goal Action Images via Reuters/Jason CairnduffLONDON, April 22 (Reuters) - Riyad Mahrez scored a hat-trick as Manchester City snapped their losing streak in FA Cup semi-finals with a 3-0 stroll over second-tier Sheffield United at Wembley on Saturday. Championship promotion hopefuls United began brightly and frustrated City for most of the first half but Mahrez fired City ahead from the penalty spot in the 43rd minute. It was the first FA Cup semi-final hat-trick since Alex Dawson for Manchester United against Fulham in 1958. City have not conceded a goal and scored 17 in reaching their 12th FA Cup final in which they could face Manchester United in what would be the showpiece's first Manchester clash. "It is an honour to be in the FA Cup final on 3 June.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEmployment data next week could spell where the market moves: New York Life Investments' GoodwinLauren Goodwin, New York Life Investments economist, and Avery Sheffield, VantageRock Capital co-founder, join 'Closing Bell' to discuss the recent market performance, why investors should stay invested in today's market, and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with New York Life Investments' Lauren Goodwin and VantageRock's SheffieldLauren Goodwin, New York Life Investments economist, and Avery Sheffield, VantageRock Capital co-founder, join 'Closing Bell' to discuss the recent market performance, why investors should stay invested in today's market, and more.
City 'exhausted' ahead of FA Cup semi-final, says Guardiola
  + stars: | 2023-04-20 | by ( ) www.reuters.com   time to read: +1 min
April 20 (Reuters) - Manchester City players are exhausted ahead of their FA Cup semi-final against Sheffield United at Wembley this weekend, manager Pep Guardiola said, after his side knocked Bayern Munich out of the Champions League on Wednesday. Guardiola's side are also in the hunt for the Premier League title, sitting four points behind leaders Arsenal with a game in hand. "The team is exhausted, so I don't know how we are going to recover to play against Sheffield United because we play on Saturday," Guardiola told BT Sport. "It's so demanding, so I don't know how we will arrive because now is a tough moment for the game on Saturday." Reporting by Manasi Pathak in Bengaluru; Editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.
With an FA Cup semi-final against Sheffield United on Saturday, Manchester City's next league game is Wednesday's potential title-decider at home to Arsenal. Arteta said his players must put all thoughts of the looming trip to the Etihad out of their minds until after the Southampton game. Newcastle have 56 points from 30 games with Spurs three points worse off having played a game more. Leicester, who appointed Dean Smith as interim manager last week, have 25 points from 31 games, with Southampton on 23 points and in danger of being marooned. Third-bottom Nottingham Forest (27 points), who are without a win in 10 league games, visit Liverpool on Saturday.
The triumphant pair on Sunday will also receive a two-year exemption on the PGA Tour. The Fitzpatrick brothers will pair together at the Zurich Classic. The golf world is very different from when I started to when he’s playing now so he’s going to focus on the Challenge Tour probably, he’s excited for that. Yet Fitzpatrick – dubbed the hardest-working golfer on the PGA Tour – has no intention of accepting his place in the food chain. “I’m constantly looking at ways to improve and get better, and that’s what’s really important is to keep pushing myself and try and catch them up.”
CNN —A protester disrupted the World Snooker Championship on Monday by climbing onto the table and throwing a bag of orange powder paint over the playing surface. Video footage shows the man – who was wearing a ‘Just Stop Oil’ t-shirt – running from the crowd and leaping onto the table during the game between Robert Milkins and Joe Perry. “It’s scary, actually.”The World Snooker Tour, who organizes the tournament, tweeted on Monday: “This is the Crucible. The show will go on.”In addition to sporting events, Just Stop Oil activists have targeted art galleries. The World Snooker Championship is being played at the iconic Crucible Theater in Sheffield, UK, and is now the latest high-profile sporting event to be disrupted by activists.
Scott Sheffield, CEO of Club holding Pioneer Natural Resources (PXD), sees oil powering to $100 per barrel if hits $90. Yes, I am upset that they paid a higher price than I thought but that was because of a bidding war with Fortive (FTV). As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.
Pioneer Natural Resources (PXD) is an oil stock worth owning on its own merits. But a fresh report that Exxon Mobil (XOM) could acquire the Club holding would likely unlock even more value. "That's not to say if Exxon Mobil offered a 25% premium, it wouldn't be done. If you saw a 25% premium, I think that would bring them to the table because, let's be realistic, every independent wants to be acquired by Exxon Mobil." Pioneer's attractiveness stems in large part from its quality acreage and low oil price breakevens, at roughly $39 per barrel.
Club holding Pioneer Natural Resources (PXD) is the biggest independent oil exploration and production (E & P) play. Club holding Constellation Brands (STZ) reported an excellent quarter last week and gave you an 11% dividend increase. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.
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