Pioneer Natural Resources Announces Sale of Eagle Ford Shale Midstream Business for $2.15 Billion

Go back to Pioneer Natural Resources Announces Sale of Eagle Ford Shale Midstream Business for $2.15 Billion

Sterne Agee CRT Maintains Neutral After Pioneer Natural Resources (PXD) Announces Sale of Interest in Eagle Ford Shale Midstream

June 1, 2015 10:50 AM EDT

Sterne Agee CRT maintains a Neutral rating on Pioneer Natural Resources (NYSE: PXD) following its announcement that it is selling its interest in Eagle Ford Shale Midstream assets for $1.08B. Analyst Tim Rezvan believes that this will provide financial power to restart its Permian... More