NEW YORK-- Shares of Pioneer Natural Resources climbed to an all-time high Wednesday after announcing that its first horizontal Wolfcamp Shale well is putting up some healthy production numbers.
*Concho Resources: ISI Group starts with neutral-. Theflyonthewall.com* EOG Resources Inc: ISI Group starts with neutral- Theflyonthewall.com* Chesapeake Energy: ISI Group starts with cautious- Theflyonthewall.com.
May 6- Pioneer Natural Resources Co:. *FBR capital markets raises price target to $225 from $125; rating outperform. For a summary of rating and price target changes on U.S. companies: Reuters Eikon users, click on RCH/US Reuters 3000 Xtra users, double-click RCH/US Reuters Station users, click. 1568.
May 3- Pioneer Natural Resources Co:. *Suntrust raises target price to $152 from $135; rating buy. Reuters Station users, click. 1568.
May 3- Pioneer Natural Resources Co:. *Canaccord Genuity raises price target to $126 from $112. Reuters Station users, click. 1568.
The U.S. has more natural gas than any other country but must do more to tap its potential, billionaire investor T. Boone Pickens said.
Stocks recovered from their lows but still finished slightly lower Friday, weighed by a batch of disappointing economic reports and a day after the Dow and S&P 500 posted record highs.
Feb 25- Chesapeake Energy Corp will sell a 50 percent interest in some of its oil and gas properties in the Mississippi Lime shale formation to China Petroleum& Chemical Corp for $1.02 billion cash, a valuation that fell short of some expectations.
*To sell 40 percent of interest in Texas field. Jan 30- Oil and gas producer Pioneer Natural Resources Co said it would sell a 40 percent interest in the Wolfcamp shale field in Texas to China's state-run Sinochem Group Co Ltd for $1.7 billion.
Jan 30- Oil and gas producer Pioneer Natural Resources Co said it will sell 40 percent of its interest in the Wolfcamp shale field in Texas to China's state-run Sinochem Group Co Ltd for $1.7 billion. Sinochem will pay $500 million in cash and will fund a portion of Pioneer's share of drilling and facilities costs.