Pioneer Natural Resources (PXD) -3.7% AH after announcing a public offering of 8M shares of...

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

Pioneer Natural Resources (PXD) -3.7% AH after announcing a public offering of 8M shares of common stock. PXD expects to use the net proceeds for general corporate purposes, including acceleration of horizontal appraisal drilling in the highly prospective Wolfcamp/Spraberry area. (also: Q4 earnings)