HONG KONG -- (Marketwire) -- 05/21/12 -- Today, www.EquityLeader.com introduced research coverage of Pioneer Natural Resources (NYSE: PXD) and Nabors Industries Ltd. (NYSE: NBR). Full research reports are available to readers at: www.EquityLeader.com/index.php?sm1=PXD&sm2=NBR.
Economic fundamentals leading into 2012 have set a generally positive pace with GDP growth likely to pick up through the coming year. However, there are several important caveats to note as the world economy continues to face headwinds and risks weigh to the downside. Positive outlooks are conditional on fiscal policy in payroll taxes and unemployment insurance benefits and upon the easing of the European debt situation. A repeat of volatility experience in 2011 is likely in 2012, as perceptions about the strength of the U.S. economy and the euro zone will vary over time as events unfold.
Despite the current situation, our team continues to identify high momentum situations with growth potential -- there remains strong opportunity within careful discretion.
Equity Leader has decided to cover Pioneer Natural Resources for its current position within the basic materials industry. Pioneer Natural Resources Company (Pioneer) is an independent oil and gas exploration and production company with operations in the United States and South Africa. Pioneer is a holding company whose assets consist of direct and indirect ownership interests in, and whose business is conducted substantially through, its subsidiaries. A copy of this report detailing Pioneer Natural Resources (NYSE: PXD) is available at: www.EquityLeader.com/index.php?sm1=PXD.
Equity Leader is also taking note of Nabors Industries Ltd. for its changing role within the basic materials industry. Nabors Industries Ltd. (Nabors) is a land drilling contractor. It is also a land well-servicing and workover contractor in the United States and Canada. To download free research on Nabors Industries Ltd. (NYSE: NBR) investors may visit: www.EquityLeader.com/index.php?sm2=NBR.
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