Zacks Investment Research downgraded shares of PIONEER SW EGY (PSE) from NEUTRAL to UNDERPERFORM on July 20, 2012, with a target price of $24.60.
PIONEER SOUTHWEST ENERGY is a Delaware limited partnership formed by Pioneer Natural Resources Company to own producing oil and gas properties in the Spraberry field in the Permian Basin of West Texas and to acquire producing oil and gas assets in its area of operations. This area includes onshore Texas and eight counties in the southeast region of New Mexico.
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