New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 17, 2013
11:41 EDTPSE, PXDPioneer Natural completes merger of Pioneer Southwest
Pioneer Natural Resources (PXD) and Pioneer Southwest Energy Partners (PSE) jointly announced the completion of the merger of Pioneer Southwest with a unit Pioneer, with Pioneer Southwest surviving the merger as an indirect wholly-owned subsidiary of Pioneer. Under the merger agreement, each Pioneer Southwest unitholder eligible to receive the merger consideration will receive 0.2325 of a share of Pioneer common stock for each Pioneer Southwest common unit owned by such unitholder, plus, after aggregating all fractions of shares to which such unitholder would be entitled, a whole share of Pioneer common stock in lieu of any fractional share of Pioneer common stock otherwise issuable to such unitholder in the merger. As a result of the completion of the merger, common units of Pioneer Southwest will cease trading at the close of business. Shares of Pioneer common stock will continue to be traded on the New York Stock Exchange under the ticker symbol “PXD.” The consolidation of the properties of Pioneer and Pioneer Southwest in the Midland Basin in West Texas pursuant to the merger is expected to facilitate Pioneer’s plans to develop the area utilizing horizontal drilling.
News For PXD;PSE From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
December 16, 2014
09:23 EDTPXDPioneer Natural upgraded to Focus List from Outperform at Howard Weil
December 10, 2014
08:01 EDTPXDCapital One to hold a conference
Subscribe for More Information
December 8, 2014
07:40 EDTPXDMany E&P target prices lowered at SunTrust
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use