The Fly

Pioneer Natural CEO says ‘never contemplating’ deal with Range Resources

Pioneer Natural Resources (PXD) CEO Scott Sheffield says the company was "never contemplating" a deal with Range Resources (RRC). Sheffield made the comments while being interviewed on CNBC. Previously, after Bloomberg had reported based on its sources that Pioneer was considering an acquisition of Range Resources, Pioneer Natural issued a company update that had stated: "Pioneer Natural Resources Company announced today that the company is not contemplating a significant business combination or other acquisition transaction."

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