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.
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.