Pioneer Natural's most recent trend suggests a bearish bias. One trading opportunity on Pioneer Natural is a Bear Call Spread using a strike $160.00 short call and a strike $170.00 long call offers a potential 20.48% return on risk over the next 35 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $160.00 by expiration. The full premium credit of $1.70 would be kept by the premium seller. The risk of $8.30 would be incurred if the stock rose above the $170.00 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 31.78 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Pioneer Natural
Edited Transcript of PXD earnings conference call or presentation 7-May-19 2:00pm GMT
Thu, 16 May 2019 04:06:57 +0000
Q1 2019 Pioneer Natural Resources Co Earnings Call
Oil Stock Dividends Are Soaring This Year
Sun, 12 May 2019 21:19:00 +0000
Oil companies are putting a priority on boosting their payout.
The Oil Industry's Data Revolution
Sat, 11 May 2019 20:32:00 +0000
Oil companies are using data to drill better wells.
M&A Targets Chevron Will Go After Next
Fri, 10 May 2019 08:27:29 +0000
Chevron, facing the failure of its $30 billion bid for Anadarko, is likely to quickly pursue takeovers of oil competitors to build out its empire.
Breakup Fee in Hand, Chevron Could Buy One of These Companies Instead
Thu, 09 May 2019 17:17:40 +0000
In an interview Thursday, Chief Executive Officer Mike Wirth said the company is comfortable with its current position in the Permian Basin and will only seek deals that will add value to shareholders throughout the oil-price cycle. “We have no intention to do an acquisition unless it’s exceptionally good,” he said by phone after Chevron announced it wouldn’t raise its $33 billion offer for Anadarko Petroleum Corp. to outbid Occidental Petroleum Corp. “There’s a lot of good companies in the Permian,” but Chevron can grow organically for some time, he said later in a Bloomberg Television interview. Chevron liked Anadarko in large part because of the independent oil producer’s position in the core of the Delaware Basin, a sub-section of the prolific Permian Basin in West Texas and New Mexico.
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