Pioneer Natural's most recent trend suggests a bullish bias. One trading opportunity on Pioneer Natural is a Bull Put Spread using a strike $141.00 short put and a strike $136.00 long put offers a potential 16.28% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $141.00 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $4.30 would be incurred if the stock dropped below the $136.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Pioneer Natural is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Pioneer Natural is bullish.
The RSI indicator is at 68.3 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Pioneer Natural
U.S. Rig Count Increases for the Fourth Consecutive Month
Fri, 11 Jan 2019 14:52:02 +0000
In the United States, the total number of rigs increases from the previous month, owing to a higher number of offshore rigs.
Pioneer Natural Resources’ Mark Berg is Outstanding Corporate Counsel lifetime achiever
Wed, 09 Jan 2019 12:23:01 +0000
Now in his 13th year at Pioneer Natural Resources, Mark Berg has led more than a dozen major M&A; deals and joint ventures that transformed the Irving-based company from a sleepy, midsized oil and gas producer into a super-major exploration and production operation.
Corrections & Amplifications
Tue, 08 Jan 2019 03:54:10 +0000
Corrections & Amplifications An average of Pioneer Natural Resources Co.’s 2015 forecasts suggested company wells in the Midland portion of the Permian Basin would produce about 960,000 barrels of oil and gas each.
DFW oil and gas company bucks report on slipping production forecasts
Thu, 03 Jan 2019 17:56:26 +0000
Less oil and gas is being produced from shale wells drilled in the past five years, and the shortfall is reportedly impacting a North Texas energy firm, according to a Wall Street Journal analysis.
Why Certain Oil-Weighted Stocks Outperformed Last Quarter
Thu, 03 Jan 2019 13:07:30 +0000
How Oil-Weighted Stocks Performed Last Quarter(Continued from Prior Part)Oil-weighted stocks’ returns In the fourth quarter, our list of oil-weighted stocks fell 44.2%—compared to the 39.7% fall in US crude oil February futures.
Related Posts
Also on Market Tamer…
Follow Us on Facebook