Pioneer Natural Resources (PXD +3.2%) nears a 52-week high despite reporting quarterly...

|About: Pioneer Natural Resources C... (PXD)|By:, SA News Editor

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.