Pioneer Natural Resources (PXD) closed at $233.93 in the latest trading session, marking a -0.57% move from the prior day.
Recently, Zacks.com users have been paying close attention to Pioneer Natural Resources (PXD). This makes it worthwhile to examine what the stock has in store.
(Bloomberg) -- Since the advent of the shale boom, US oil producers have drilled both downward and sideways deep under the earth’s surface. But now that the easiest-to-reach crude has been extracted, those companies are testing the limits of their technology even further by boring more than 3 miles horizontally, elevating both the operational risk and the potential rewards.Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackRay Dalio Says He Doesn’t Want to Hold Bonds