A look at the Wall Street rumor mill - Unfiltered. Most of the rumors posted on this blog will never, ever, ever come true. Many are BS. Even more are wishful thinking. YOU SHOULD NEVER BUY A STOCK ON A RUMOR - NEVER! GOT IT? NOW ENJOY.
Wednesday, April 04, 2007
Pioneer Natural (PXD) Higher on Takeover Talk, Evaluation of MLP
Shares of Pioneer Natural Resources Co. (NYSE: PXD) are higher today on rumors of a possible takeover. Also, slides from the Howard Weil Energy Conference show the company is evaluating the formation of an upstream Master Limited Partnership. The stock is 3.8% higher in afternoon action.