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PKZ |
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Here is a synopsis of why CPWM and PKZ have a Zacks Rank of 5 (Strong Sell) and should most likely be sold or avoided for the next 1 to 3 months. PKZ officials believe this move is to require Turgai Petroleum, a joint venture between PKZ and Lukoil, to exit the pipeline consortium without any recompense. Early this morning, PKZ officials announced a temporary curbing of crude oil production at Turgai Petroleum (a joint venture between PKZ and Lukoil). |
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