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Fly News Breaks for August 17, 2016
PXD
Aug 17, 2016 | 07:49 EDT
Bernstein analyst Bob Brackett says that the Permian region "contains a staggering amount of resource," and he recommends that investors looking for a large-cap Permian play choose Pioneer Natural. According to the analyst, Pioneer's large position in the Permian has enabled it to increase its production 15% annually, and this trend should continue "for the foreseeable future." Brackett adds that the company's balance sheet is "pristine," which should enable it to continue its current growth rate regardless of oil prices, he stated. Target $210.
News For PXD From the Last 2 Days
PXD
Mar 26, 2024 | 16:21 EDT
In a regulatory filing, Pioneer Natural general counsel and executive VP Mark Kleinman disclosed the sale of 4,350 common shares of the company on March 22 at a price of $254.08 per share.