Double Eagle Announces $6.4 Billion Divestiture in the Midland Basin
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JPMorgan Downgrades Pioneer Natural Resources (PXD) to Neutral
April 6, 2021 5:12 AM EDTJPMorgan analyst Arun Jayaram downgraded Pioneer Natural Resources (NYSE: PXD) from Overweight to Neutral with a price target of $177.00 (from $168.00).
The analyst comments "PXD is the largest acreage holder in the Spraberry/Wolfcamp field in the Permian Basin of West Texas with ~1,034K net acres including PE and DPE acreage with 920K net acres in the core of the core of the Midland Basin that... More
