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|Ex-Div Reminder for Valero Energy Corp. (VLO)
Thursday, February 6, 10:10 AM ET, by Market News Video Staff
On 2/10/14, Valero Energy Corp. (VLO) will trade ex-dividend, for its quarterly dividend of $0.25, ...
Notable Two Hundred Day Moving Average Cross - CHK
Thursday, February 6, 11:43 AM ET, by Market News Video Staff
In trading on Thursday, shares of Chesapeake Energy Corp. (CHK) crossed below their 200 day ...
ALJ Makes Notable Cross Below Critical Moving Average
Friday, February 7, 11:11 AM ET, by Market News Video Staff
In trading on Friday, shares of Alon USA Energy Inc (ALJ) crossed below their 200 ...
Alon USA Energy Inc (ALJ) Shares Enter Oversold Territory
Friday, February 7, 4:06 PM ET, by Market News Video Staff
In trading on Friday, shares of Alon USA Energy Inc (ALJ) entered into oversold territory, ...
DK Stock Crowded With Sellers
Monday, February 10, 11:32 AM ET, by Market News Video Staff
In trading on Monday, shares of Delek US Holdings Inc (DK) entered into oversold territory, ...
Get An Even Better Deal On PSE Than Director Gobe Did
By Energy Stock Channel Staff, Monday, December 17, 11:13 AM ET
There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on November 13, Pioneer Southwest Energy Partners L.P.'s Director, Phillip A. Gobe, invested $45,796.80 into 2,000 shares of PSE, for a cost per share of $22.90. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money.
In trading on Monday, bargain hunters could buy shares of Pioneer Southwest Energy Partners L.P. (PSE) and achieve a cost basis 4.7% cheaper than Gobe, with shares changing hands as low as $21.82 per share. Pioneer Southwest Energy Partners L.P. shares are currently trading down about 0.3% on the day. The chart below shows the one year performance of PSE shares, versus its 200 day moving average:
Looking at the chart above, PSE's low point in its 52 week range is $20.63 per share, with $28.60 as the 52 week high point — that compares with a last trade of $21.90. By comparison, below is a table showing the prices at which insider buying was recorded over the last six months:
||Phillip A. Gobe
The current annualized dividend paid by Pioneer Southwest Energy Partners L.P. is $2.08/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 10/31/2012. Below is a long-term dividend history chart for PSE, which can be of good help in judging whether the most recent dividend with approx. 9.5% annualized yield is likely to continue.
According to the ETF Finder at ETF Channel, PSE makes up 2.71% of the Dynamic Energy Exploration & Production Portfolio ETF (AMEX:PXE) which is trading higher by about 0.7% on the day Monday.
See what other ETFs contain PSE »
See what other stocks are held by PXE »
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