Susquehanna raised the firm’s price target on Pioneer Natural to $246 from $237 and keeps a Neutral rating on the shares. The firm said 4Q production of 746 Mboe/d exceeded our forecast by 2%. However, due to slightly higher costs, adjusted EPS of $5.26 missed the firm’s forecast by $0.13.
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- Matthew Gallagher Resigns from Pioneer Natural Board
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- Pioneer Natural reports Q4 adjusted EPS $5.26, consensus $5.47
