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Shares of Permian Basin shale players including Pioneer Natural Resources (PXD+11.3%), Concho Resources (CXO+8.7%) and Noble Energy (NBL+7.4%) are surging on hopes that Chevron's (CVX-5.2%) $33B bid for Anadarko (APC+32.1%) may herald a new buying spree.
More news on: Pioneer Natural Resources Company, Concho Resources Inc., Parsley Energy, Inc., Energy stocks news, Merger & acquisition news, Stocks on the move,