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Stock Market & Financial Investment News

News Breaks
May 6, 2013
08:23 EDTPXDPioneer Natural price target raised to $225 from $125 at FBR Capital
FBR Capital raised its price target significantly for shares of Pioneer Natural citing the company's planned drilling activity in the Midland Basin. FBR says Pioneer's northern acreage needs to be revalued higher and keeps an Outperform rating on the stock.
News For PXD From The Last 14 Days
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September 24, 2014
09:08 EDTPXDPioneer Natural announces closing of Barnett Shale assets sale
Pioneer Natural announced that the company closed the previously announced sale of its Barnett Shale assets in North Texas to an undisclosed private party for cash proceeds of $155M, subject to normal closing adjustments. The transaction has an effective date of August 1. The financial and operating results related to Pioneer’s Barnett Shale activities have been reflected as discontinued operations since 4Q13 when Pioneer announced that it planned to sell these assets. Net production from the Barnett Shale averaged approximately 10,300 barrels oil equivalent per day during the first six months of 2014, consisting of oil, natural gas liquids and gas.

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