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Fly News Breaks for April 26, 2016
PXD
Apr 26, 2016 | 07:46 EDT
Canaccord noted Pioneer Natural reported stronger than expected Q1 volumes, which were attributed to robust well performance plus more completions. Canaccord reiterated its Buy rating and $158 price target on Pioneer Natural shares, citing the company's strong operation and balance sheet. The firm also noted that, although guidance was unchanged, rigs could be added at $50 oil.
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