|November 21, 2012|
|06:01 EDT||PXD||Pioneer Natural initiated with a Buy at Citigroup|
News For PXD From The Last 14 Days
Check below for free stories on PXD the last two weeks.
|April 15, 2014|
|16:20 EDT||PXD||Caelus Energy Alaska, Apollo Global announce partnership |
Caelus Energy Alaska and affiliates of Apollo Global Management (APO) have formed a strategic partnership to invest in oil and gas properties in Alaska. Caelus has closed its first transaction, the acquisition of Pioneer Natural Resources' (PXD) Alaskan oil and gas business, for $300M in cash, subject to adjustments, plus other consideration. Caelus, headquartered in Dallas has an executive management team led by CEO James C. Musselman and a technical team led by Chief Technical Officer Kenny Goh. Among other things, Mr. Musselman previously led Kosmos Energy, which discovered the 1 billion-plus barrel Jubilee field off the West African coast, and Triton Energy, which was acquired by Amerada Hess for $3.2B. Apollo funds have the opportunity to invest up to $1B in Caelus to develop the company's existing assets and to pursue acquisitions or other additional investments.
|12:14 EDT||PXD||Pioneer Natural to recognize noncash loss of approximately $30M |
Pioneer Natural Resources announced that the company closed its previously announced sale of its Alaska subsidiary to Caelus Energy Alaska for cash proceeds of $300M, subject to normal closing adjustments, plus other consideration. The company expects to recognize a noncash loss of approximately $30M associated with the sale when it reports earnings for 1Q14.
|07:22 EDT||PXD||Global Hunter Securities to hold a conference|
1:1 Dallas Energy Day is being held in Dallas on April 15.
|April 14, 2014|
|08:45 EDT||PXD||Pioneer Natural price target raised to $212 from $206 at Howard Weil|
Howard Weil raised its price target for Pioneer Natural shares to $212 and keeps a Sector Perform rating on the stock.
|07:04 EDT||PXD||Stephens to hold a field trip|
Subscribe for More Information