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Fly News Breaks for February 20, 2020
BKR, EOG, PXD
Feb 20, 2020 | 09:17 EDT
As previously reported, Edward Jones analyst Jennifer Rowland downgraded Pioneer Natural (PXD), EOG Resources (EOG) and Baker Hughes (BKR), all to Hold from Buy, after she lowered her long-term price forecasts for both oil and natural gas. Given the "increasingly challenged" commodity price environment, she sees a difficult environment for energy equipment & services companies and for exploration and production companies, Rowland tells investors.
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