CFO Jamie Miller didn't sufficiently answer three key questions about the struggling giant.
A quantitative upgrade with positive-looking charts should be a winning combination.
Prices have already declined sharply since November so what might we have to look forward to?
Over the past three decades, natural gas futures have had a tendency to bottom in early March.
Energy and minerals plays for investors willing to take on extra risk.
When you give up more than the entire rally in half the time it is not good.
While PXD is still in an uptrend from its August low, I am not sure it will resume that trend.
Let's see how the charts and indicators look.
The recent lows have taken out a previously positive chart formation.
Approach the long side of XEC carefully.

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