Fitch Ratings upgrades Pioneer Natural Resources (PXD) a notch to an investment grade BBB- from...

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

Fitch Ratings upgrades Pioneer Natural Resources (PXD) a notch to an investment grade BBB- from BB+ with a stable outlook, noting the company's long-lived onshore reserve base, consistent production growth, and valuable leasehold acreage positions in key oil and liquids basins, the Permian and the Eagle Ford.