Shares of Pioneer Natural Resources Company (NYSE:PXD) Sees Large Outflow of Money

Pioneer Natural Resources Company (NYSE:PXD) jumped 3.08 points or 2% on strong buying and was last priced at $157.03 per share. The shares saw huge fund flow intraday; a massive $119.19 million made their way in through the upticks but an even bigger $126.22 million made their way out through downticks. As per the last observation, the net money flow stood at $(-7.04) million and the up/down ratio was found to be 0.94. The shares have seen a weekly value change of 1.68% .A block trade was recorded in the company shares with a net money flow of $(-2.57) million. The composite value of the funds in upticks was $23.66 million and the total value of funds in downticks was $26.24. As can be seen from the data, the block transaction had the up/down ratio of 0.9.


The stock has recorded a 20-day Moving Average of 2.33% and the 50-Day Moving Average is 1.42%. The company shares have rallied 8.04% in the past 52 Weeks. On April 27, 2016 The shares registered one year high of $171.88 and one year low was seen on January 20, 2016 at $103.5. The 50-day moving average is $161.63 and the 200 day moving average is recorded at $138.8. S&P 500 has rallied 1.93% during the last 52-weeks.

Pioneer Natural Resources Company (NYSE:PXD): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $153.95 and $152.73 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $157.79. The buying momentum continued till the end and the stock did not give up its gains. It closed at $157.03, notching a gain of 2.00% for the day. The total traded volume was 3,270,620 . The stock had closed at $153.95 on the previous day.

Currently the company Insiders own 0.92% of Pioneer Natural Resources Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -6.33% . Institutional Investors own 98.34% of Pioneer Natural Resources Company shares. During last six month period, the net percent change held by insiders has seen a change of -6.33%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Cheatwood Chris J, (EVP, BD & Geoscience) of Pioneer Natural Resources Co, had unloaded 10,641 shares at an average price of $165.24 in a transaction dated on May 2, 2016. The total value of the transaction was worth $1,758,319.

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.

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