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Yeah I know I said 45 less then a month ago, but a good investor must be able to adapt to RAPIDLY changing circumstances.
With $80 oil right around the corner and the huge increase in reserves being added by the now OPERATIONAL Oooguruk field http://www.pxd.com/operations/alaska.htm... plus new reserve reporting standards, I have to adjust the target to North of $55 over the next three months. Possibly even 60. I got into PXD when they announced that project because I thought this would be huge for the company and it has turned out to be just that. Happy Trading Fluffy Sentiment : Strong Buy Rating :
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