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Thursday, Jul 19
2012, 11:29 AM
Pioneer Natural Resources (PXD +3.2%) nears a 52-week high despite reporting quarterly...
Pioneer Natural Resources (PXD +3.2%) nears a 52-week high despite reporting quarterly production at the lower end of its outlook range of 149K-154K boe/day, hurt by an unplanned shutdown of a processing facility run by third party. Natural gas liquids fractionation downtime hurt production by ~4,800 boe/day at its Spraberry field in Texas.