Pioneer Natural's most recent trend suggests a bullish bias. One trading opportunity on Pioneer Natural is a Bull Put Spread using a strike $190.00 short put and a strike $185.00 long put offers a potential 42.86% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $190.00 by expiration. The full premium credit of $1.50 would be kept by the premium seller. The risk of $3.50 would be incurred if the stock dropped below the $185.00 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 71.4 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
Third-quarter profits to sparkle for shale producers without hedges
Tue, 26 Oct 2021 10:00:00 +0000
With oil and gas prices at multi-year highs, U.S. shale producers are poised to deliver the strongest earnings since the onset of the coronavirus pandemic, so long as they didn't lock in sales tied to much lower prices. Sky-high oil and gas prices will fill energy companies' bottom line, rewarding investors who hung on through the pandemic. The biggest oil and gas producers kick off results this week, with reports from EQT Corp and Hess Corp. Continental Resources, Pioneer Natural Resources and EOG Resources will report the week after.
UPDATE 1-Pioneer Natural Resources lost $501 million on hedging in third quarter -filing
Mon, 25 Oct 2021 22:33:19 +0000
U.S. shale oil producer Pioneer Natural Resources on Monday reported it lost $501 million on oil and gas hedging in the third quarter, according to a securities filing, as energy prices have climbed to multiyear highs. Pioneer's hedging losses totaled $2.02 billion for the nine months ended Sept. 30, the filing showed.
Cramer: ‘Stop freaking out’ about inflation — here's how to profit from soaring costs
Mon, 25 Oct 2021 22:10:00 +0000
These stocks are either immune to inflation or stand to benefit, the Mad Money host says.
Zacks Industry Outlook Highlights: EOG Resources, Devon Energy, Diamondback Energy, APA Corp, SilverBow Resources, Coterra Energy and Pioneer Natural Resources Company
Mon, 25 Oct 2021 12:41:12 +0000
Zacks Industry Outlook Highlights: EOG Resources, Devon Energy, Diamondback Energy, APA Corp, SilverBow Resources, Coterra Energy and Pioneer Natural Resources Company
10 Best Gas Stocks To Buy Now
Sun, 24 Oct 2021 10:01:23 +0000
In this article, we discuss the 10 best gas stocks to buy now. If you want to skip our detailed analysis of these companies and the outlook for the gas sector, go directly to 5 Best Gas Stocks To Buy Now. Natural gas has been the biggest source of power generation in the United States […]
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