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Pioneer Natural bets on demand for more shale oil stock with new shares
Published Wed, Jan 6, 2016 · 09:50 PM
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Chicago
EVEN after almost US$400 billion in oil company market value was wiped out by investors fleeing the crude rout, Pioneer Natural Resources Co is betting there's ample demand for more shale-drilling shares.
Pioneer plans to sell as many as 12.1 million new shar…
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