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News Breaks | | | | March 4, 2013 | | 17:29 EDT |  | PXD | Fitch upgrades Pioneer Natural to 'BBB-', outlook revised to Stable
Fitch Ratings has upgraded the ratings on Pioneer Natural Resources to 'BBB-' from 'BB+'. The rating outlook is Stable. Pioneer's ratings and Stable outlook are supported by the company's long-lived onshore reserve base, consistent production growth, and valuable leasehold acreage positions in key oil and liquids basins, the Permian and the Eagle Ford. Concerns include relatively high leverage for an investment grade exploration and production company, high capex investment required to fund growth, and the risk of a macroeconomic scenario that involves materially and persistently lower oil prices in the long run. | |
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News For PXD From The Last 14 Days Check below for free stories on PXD the last two weeks. |
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| June 18, 2013 | | 07:38 EDT |  | PXD | Tudor Pickering to host a conference
 Subscribe for More Information | | | June 17, 2013 | | 07:30 EDT |  | PXD | Pioneer Natural price target raised to $200 from $165 at BofA/Merrill
Subscribe for More Information | | | June 5, 2013 | | 08:12 EDT | | PXD | Pioneer Natural price target raised to $170 from $140 at Oppenheimer
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