Pioneer Natural Resources Company (PXD) : Investors lapped up stocks on upticks to the tune of $47.85 million in the Fridays trading session. The trading value on downticks was comparatively at $38.86 million and the uptick to downtick ratio of 1.23 indicates continuous buying by the bulls. The net money flow into the stock was $8.99 million. Upticks saw transactions worth $0 clearly indicating buying by large investors. The total money flow for block trades stood at $0 million, which is a positive for the stock in the long-term. Pioneer Natural Resources Company (PXD) fell $0.36 during the day at $151.9, a drop of -0.23% over the previous days close. However, for the week, the stock is -3.07%, compared to the previous week.
Pioneer Natural Resources Company (PXD) : 26 investment research analysts covering Pioneer Natural Resources Company (PXD) have an average price target of $189.12 for the near short term. The highest target price given by the Brokerage Firm to the stock is $220 and the lowest target is $152 for the short term. Analysts expect the variance to be within $17.95 of the average price.
Pioneer Natural Resources Company (NYSE:PXD): stock turned positive on Friday. Though the stock opened at $152.69, the bulls momentum made the stock top out at $153.59 level for the day. The stock recorded a low of $151.45 and closed the trading day at $153.4, in the green by 0.76%. The total traded volume for the day was 1,794,179. The stock had closed at $152.25 in the previous days trading.
In a related news, Kleinman Mark H, (SVP, General Counsel) of Pioneer Natural Resources Co, unloaded 1,000 shares at an average price of $151.01 on June 30, 2016. The total amount of the transaction was worth $151,010, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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.