Information Provided By:
Fly News Breaks for August 9, 2017
PXD
Aug 9, 2017 | 08:02 EDT
Goldman analyst Brian Singer said the recent sharp pullback in Pioneer Natural shares is overdone. The analyst said lowered 2017 oil mix guidance is being incorrectly interpreted by the Street as a negative for Permian economics. Singer does not believe there has been any underperformance of oil production to more gas and the same oil and reiterates his Buy rating.