Bullish Case: With a successful Exxon acquisition, Pioneer's influence in Permian may spike, bolstering its market position and profitability in a favorable energy environment.


Bearish Case: Potential regulatory challenges to the Exxon deal and inherent industry risks like price volatility could dampen PXD's outlook and disrupt operations.


Potential Outcomes:

1. Exxon deal success, PXD soars (50%).

2. Regulatory roadblocks drag PXD down (30%).

3. Status quo with minor fluctuations (20%).


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April 05, 2024


Pioneer Natural Resources Forecast

PXD        Pioneer Natural Resources
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with PXD



MTDR Forecast + Options Trading Strategies   [MTDR]  Matador Resources (0.93)


SM Forecast + Options Trading Strategies   [SM]  SM Energy (0.92)


OVV Forecast + Options Trading Strategies   [OVV]  Ovintiv (0.92)


XOP Forecast + Options Trading Strategies   [XOP]  SPDR Oil & Gas Exploration and Production (0.9)


CNX Forecast + Options Trading Strategies   [CNX]  CNX Resources (0.89)



Uncorrelated Stock Forecasts

Assets with little price relationship to PXD



FSK Forecast + Options Trading Strategies   [FSK]  FS KKR (-0.0)


NKTX Forecast + Options Trading Strategies   [NKTX]  Nkarta (0.0)


CM Forecast + Options Trading Strategies   [CM]  Canadian Imperial Bank Of Commerce (0.0)


LPX Forecast + Options Trading Strategies   [LPX]  Louisiana-Pacific (-0.0)


XYL Forecast + Options Trading Strategies   [XYL]  Xylem (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against PXD



BEP Forecast + Options Trading Strategies   [BEP]  Brookfield Renewable (-0.77)


LW Forecast + Options Trading Strategies   [LW]  Lamb Weston (-0.78)


RICK Forecast + Options Trading Strategies   [RICK]  RCI Hospitality (-0.8)


ERY Forecast + Options Trading Strategies   [ERY]  Direxion Daily Energy Bear 2X Shares (-0.88)


DRIP Forecast + Options Trading Strategies   [DRIP]  Direxion Daily S&P Oil & Gas Exp. & Prod. (-0.91)





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