Pioneer Plans Eagle Ford Midstream Sale To Fund Permian Growth

摘要

Pioneer Natural Resources Co. (NYSE: PXD) said Nov. 4 it plans to sell its major- ity stake in EFS Midstream LLC, an Eagle Ford Shale midstream business. The move is projected by analysts to gen- erate more than $1 billion in proceeds, which will be put to use by Dallas’ Pio- neer in the Permian Basin.