PIONEER SW EGY (PSE) Upgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research upgraded shares of PIONEER SW EGY (PSE) from UNDERPERFORM to NEUTRAL on October 02, 2012, with a target price of $26.20.

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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