Shares of Pioneer Natural Resources Company (PXD) Sees Large Inflow of Net Money Flow

Pioneer Natural Resources Company (PXD) : Tuesdays money flow data in Pioneer Natural Resources Company (PXD) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $61.59 million, whereas, $46.86 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.31, in favor of the bulls. The total money flow into the stock was $14.73 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $14.87 million. The total value of block trades done on upticks was $16.64 million. The value of bearish trades on downticks was only $1.77 million.The up/down ratio in the block trades was a healthy 9.4 in favor of the bulls, suggesting strong buying in the stock by large traders. Pioneer Natural Resources Company (PXD) fell $0.72 and traded at $153, down -0.47% for the day, over previous days close. On a weekly basis, the shares are 1.25% over the previous weeks close.


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 -5.93% . Institutional Investors own 94.65% of Pioneer Natural Resources Company shares. During last six month period, the net percent change held by insiders has seen a change of -5.91%. 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.

Shares of Pioneer Natural Resources Co. appreciated by 3.33% during the last five trading days but lost 1.91% on a 4-week basis. Pioneer Natural Resources Co. is up 6.17% in the last 3-month period. Year-to-Date the stock performance stands at 24.86%.

Pioneer Natural Resources Company (NYSE:PXD): stock turned positive on Tuesday. Though the stock opened at $155.11, the bulls momentum made the stock top out at $158.495 level for the day. The stock recorded a low of $154.82 and closed the trading day at $156.5, in the green by 2.29%. The total traded volume for the day was 1,815,509. The stock had closed at $153 in the previous days trading.

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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