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Pioneer Natural Resources: Recent Stock Offering Makes Sense In Light ...

2016-01-09 22:46:03| Oil & Gas - Topix.net

Every market day, we select up to 20 of our authors' top long and short ideas, exclusively for PRO subscribers. After all, what sense does it make to raise money to drill more wells when oil is below $35/bbl? Combined with the recent $1 billion Senior Note offering, Pioneer has very successfully tapped both the debt and equity markets, setting the stage for a prosperous 2016.

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