Pioneer Natural Resources Company (NYSE:PXD) has been under a strong bear grip, hence the stock is down -5.18% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.44% in the past 1 week. The stock has risen by 1.73% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.65% in the past 4 weeks.
The company shares have rallied 12.57% from its 1 Year high price. On Apr 27, 2016, the shares registered one year high at $171.88 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $157.81 and the 200 Day Moving Average price is recorded at $140.31.
The stock has recorded a 20-day Moving Average of 0.91% and the 50-Day Moving Average is 3.79%.
Pioneer Natural Resources Company (NYSE:PXD): stock turned positive on Friday. Though the stock opened at $150.71, the bulls momentum made the stock top out at $153.94 level for the day. The stock recorded a low of $149.92 and closed the trading day at $153.72, in the green by 3.01%. The total traded volume for the day was 1,911,152. The stock had closed at $149.23 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Kleinman Mark H, (SVP, General Counsel) of Pioneer Natural Resources Co, had unloaded 1,000 shares at an average price of $151.01 in a transaction dated on June 30, 2016. The total value of the transaction was worth $151,010.
Pioneer Natural Resources Company (Pioneer) is an independent oil and gas exploration and production company with operations in the United States. The Company focuses on production of oil, natural gas liquid (NGLs) and gas through development drilling, production enhancement activities and acquisitions of producing properties. The Companys properties include Spraberry/Wolfcamp oil field located in West Texas; the liquid-rich Eagle Ford Shale field located in South Texas; Raton gas field located in southern Colorado; the West Panhandle gas and liquids field located in the Texas Panhandle, and the Edwards gas field located in South Texas. The Companys operations include well stimulation and hydraulic fracturing. The Companys proved reserves include approximately 89 million Bbls (MMBbl) of oil, 42 MMBbls of NGLs and 317 billion cubic feet (Bcf) of gas. The Company owns interests in six gas processing plants and eight treating facilities.