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Pioneer Natural Resources Makes a Move: Down 1.8%

Published on Fri, 06/21/2013 - 14:15
By Adrienne Chilton

Pioneer Natural Resources (NYSE:PXD) is a company whose shares are active, trading 1.8% lower to $143.62. The S&P is trading fractionally higher to 1,589 and the Dow is trading fractionally higher to 14,774.

Pioneer Natural Resources share prices have moved between a 52-week high of $157.81 and a 52-week low of $77.41 and are now trading 86% above that low price at $143.62 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.8% while the 200-day MA has risen 0.9%.

Pioneer Natural Resources (NYSE:PXD) is currently priced 0.3% above its average consensus analyst price target of $143.12. The stock should find initial support at its 50-day moving average (MA) of $133.90 and further support at its 200-day MA of $117.72.

Pioneer Natural Resources Company is an independent oil and gas exploration and production company with operations in the United States, South Africa, and Tunisia.

By Adrienne Chilton
achilton@fnno.com

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