Pioneer Natural's most recent trend suggests a bearish bias. One trading opportunity on Pioneer Natural is a Bear Call Spread using a strike $140.00 short call and a strike $150.00 long call offers a potential 17.65% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $140.00 by expiration. The full premium credit of $1.50 would be kept by the premium seller. The risk of $8.50 would be incurred if the stock rose above the $150.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Pioneer Natural is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Pioneer Natural is bearish.
The RSI indicator is at 20.1 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Pioneer Natural
2 Reasons Suncor Energy Inc. Is a Better Growth Stock Than Shale Drillers
Wed, 16 Aug 2017 18:06:00 +0000
While shale drillers can grow production fast when prices are higher, Suncor Energy has delivered sustainable growth throughout the cycle.
IEA: OPEC Must Extend Cuts To Balance Oil Markets
Tue, 15 Aug 2017 23:00:00 +0000
Oil markets are rebalancing very slowly and unless OPEC is prepared to dig in for the long haul and extend cuts, prices could crash again
Pioneer Natural Resources to Participate at The Simmons European Energy Conference
Tue, 15 Aug 2017 22:17:00 +0000
Pioneer Natural Resources Company today announced that Rich Dealy, Executive Vice President and Chief Financial Officer, will participate on a E&P Panel at The Simmons European Energy Conference in Scotland on Wednesday, August 30, 2017.
Oil And Gas E&P Earnings: GOR'ed
Tue, 15 Aug 2017 19:44:00 +0000
Oil and gas exploration and production companies had a rough second quarter, especially companies exposed to the Permian basin. Jefferies' Michael Hsu and Zach Parham take a look back at the earnings reports, …
Can The Permian Push Prices Down To $40?
Mon, 14 Aug 2017 23:00:00 +0000
Analysts have revised their production growth forecasts for the Permian, expecting output to rise significantly by the end of the year
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