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Powerball jackpot rises to $1.04 billion after another drawing without a big winner
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Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
California governor rejects bill to give unemployment checks to striking workers
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
California governor rejects bill to give unemployment checks to striking workers
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
California governor rejects bill to give unemployment checks to striking workers
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
California governor rejects bill to give unemployment checks to striking workers
NYSE:PXD

Pioneer Natural Resources (PXD) Stock Forecast, Price & News

$229.55
-4.64 (-1.98%)
(As of 09/29/2023 ET)
Compare
Today's Range
$229.15
$234.33
50-Day Range
$218.05
$243.03
52-Week Range
$177.26
$274.70
Volume
1.74 million shs
Average Volume
1.82 million shs
Market Capitalization
$53.52 billion
P/E Ratio
9.78
Dividend Yield
2.18%
Price Target
$264.71

Pioneer Natural Resources MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.73 Rating Score
Upside/​Downside
15.3% Upside
$264.71 Price Target
Short Interest
Healthy
1.45% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-7.14
Upright™ Environmental Score
News Sentiment
1.44mentions of Pioneer Natural Resources in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
18.71%
From $20.85 to $24.75 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.58 out of 5 stars

Oils/Energy Sector

46th out of 247 stocks

Crude Petroleum & Natural Gas Industry

25th out of 81 stocks


PXD stock logo

About Pioneer Natural Resources (NYSE:PXD) Stock

Pioneer Natural Resources Co. is an American hydrocarbon exploration and production company headquartered in Irving, Texas. As of December 2022, the company is ranked 248th on the Fortune 500 list, up from 428th in 2021. Pioneer Natural Resources Co. is the largest acreage holder in the Spraberry Trend of the Permian Basin. 

Pioneer Natural Resources formed in 1997 following the merger of MESA Inc. and Parker & Parsley Petroleum Company, owned by T. Boone Pickens. This merger set the tone for Pioneer Natural Resources’ growth over the next two decades, as the company made multiple acquisitions, divestitures and discoveries of oil and gas reserves. 

In 2002, Pioneer discovered its first oil discoveries on the Alaska North Slope, followed by the first independent production in 2008. In 2004, Pioneer acquired Evergreen Resources in a $2.1 billion transaction. The company also formed a joint venture with Reliance Industries in 2006, purchasing the assets of the Eagle Ford Group for $1.15 billion. In 2015, that joint venture went to Enterprise Products Partners for $2.15 billion. 

In April 2012, Pioneer Natural Resources purchased Carmeuse Industrial Sands, a silica sand manufacturer, for $297 million, followed by the sale of a 40% interest in approximately 207,000 net acres leased in horizontal Wolfcamp Shale to Sinochem Petroleum USA LLC for $1.7 billion in May 2013. The company sold non-producing assets in the Hugoton Basin to Linn Energy for $340 million in 2014. 

In 2016, Pioneer Natural Resources acquired 28,000 acres in the Midland Basin for $435 million. Then, 2,000 acres sold in Martin County, Texas, for $266 million in March 2017. In April 2021, the company acquired DoublePoint Energy for approximately $6.4 billion. In January 2021, the company continued acquisitions by purchasing Parsley Energy. 

Pioneer Natural Resources is a significant player in hydrocarbon exploration and production. The company holds substantial reserves of natural resources to help it compensate for lean production times. Pioneer Natural Resources is the largest acreage holder of land in the Permian Basin, providing plenty of room for the company to grow. The company has engaged in several significant acquisitions and divestitures over the years, including the acquisition of Evergreen Resources in 2004 and the sale of non-producing assets in the Hugoton Basin to Linn Energy in 2014. Pioneer Natural Resources is well-positioned for continued growth and success in the future.

PXD Price History

PXD Stock News Headlines

Baker Hughes, Pioneer, Diamondback: Energy Stocks on the Rise (PXD)
Baker Hughes, Pioneer Resources, and Diamondback Energy lead the energy sector uptrend. Production cuts from Saudi Arabia and Russia are pushing up oil prices.
BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
Oil Price Highest in More Than a Year: Bet on These 3 Stocks
BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
2 Oil Stocks to Buy Hand Over Fist in September
Wells Fargo Sticks to Its Hold Rating for Pioneer Natural (PXD)
DBS Keeps Their Hold Rating on Pioneer Natural (PXD)
Oil Stocks Are Back. Pioneer and 3 Other Gushers.
See More Headlines
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PXD Company Calendar

Last Earnings
8/01/2023
Ex-Dividend for 9/21 Dividend
9/05/2023
Dividend Payable
9/21/2023
Today
10/01/2023
Next Earnings (Estimated)
10/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
72378710
Employees
2,076
Year Founded
1997

Price Target and Rating

Average Stock Price Forecast
$264.71
High Stock Price Forecast
$332.00
Low Stock Price Forecast
$225.00
Forecasted Upside/Downside
+15.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
22 Analysts

Profitability

Net Income
$7.85 billion
Pretax Margin
36.02%

Debt

Sales & Book Value

Annual Sales
$24.29 billion
Cash Flow
$42.67 per share
Book Value
$93.16 per share

Miscellaneous

Free Float
231,812,000
Market Cap
$53.52 billion
Optionable
Optionable
Beta
1.43

Social Links

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Key Executives

  • Mr. Scott Douglas Sheffield (Age 70)
    CEO & Director
    Comp: $4.18M
  • Mr. Richard P. DealyMr. Richard P. Dealy (Age 57)
    Pres, COO & Director
    Comp: $1.83M
  • Mr. Neal H. ShahMr. Neal H. Shah (Age 52)
    Exec. VP & CFO
    Comp: $1.3M
  • Mr. Mark S. Berg (Age 64)
    Exec. VP of Corp. Operations
    Comp: $1.22M
  • Mr. Jerome D. Hall Jr.Mr. Jerome D. Hall Jr. (Age 57)
    Exec. VP of Operations
    Comp: $1.23M
  • Mr. Christopher L. Washburn (Age 39)
    VP & Chief Accounting Officer
  • Ms. Bonnie S. Black (Age 51)
    Sr. VP of Technology & Operations Support
  • Mr. Larry N. Paulsen
    Sr. VP of Admin. and Risk Management
  • Mr. Mark H. KleinmanMr. Mark H. Kleinman (Age 61)
    Exec. VP & Gen. Counsel
  • Ms. Tyson L. TaylorMs. Tyson L. Taylor (Age 44)
    Sr. VP of HR & Communications













PXD Stock - Frequently Asked Questions

Should I buy or sell Pioneer Natural Resources stock right now?

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pioneer Natural Resources in the last year. There are currently 1 sell rating, 5 hold ratings, 15 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PXD shares.
View PXD analyst ratings
or view top-rated stocks.

What is Pioneer Natural Resources' stock price forecast for 2023?

22 equities research analysts have issued 1 year target prices for Pioneer Natural Resources' shares. Their PXD share price forecasts range from $225.00 to $332.00. On average, they anticipate the company's stock price to reach $264.71 in the next twelve months. This suggests a possible upside of 15.3% from the stock's current price.
View analysts price targets for PXD
or view top-rated stocks among Wall Street analysts.

How have PXD shares performed in 2023?

Pioneer Natural Resources' stock was trading at $228.39 at the beginning of the year. Since then, PXD stock has increased by 0.5% and is now trading at $229.55.
View the best growth stocks for 2023 here
.

When is Pioneer Natural Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our PXD earnings forecast
.

How were Pioneer Natural Resources' earnings last quarter?

Pioneer Natural Resources (NYSE:PXD) announced its quarterly earnings results on Tuesday, August, 1st. The oil and gas development company reported $4.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.12 by $0.37. The oil and gas development company earned $4.60 billion during the quarter, compared to analyst estimates of $4.68 billion. Pioneer Natural Resources had a net margin of 28.46% and a trailing twelve-month return on equity of 25.53%.

How often does Pioneer Natural Resources pay dividends? What is the dividend yield for Pioneer Natural Resources?

Pioneer Natural Resources announced a quarterly dividend on Tuesday, August 1st. Stockholders of record on Wednesday, September 6th will be given a dividend of $1.84 per share on Thursday, September 21st. This represents a $7.36 dividend on an annualized basis and a dividend yield of 3.21%. The ex-dividend date is Tuesday, September 5th.
Read our dividend analysis for PXD
.

Is Pioneer Natural Resources a good dividend stock?

Pioneer Natural Resources (NYSE:PXD) pays an annual dividend of $5.00 per share and currently has a dividend yield of 2.18%. The dividend payout ratio is 21.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PXD will have a dividend payout ratio of 20.20% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PXD.

What is Scott Sheffield's approval rating as Pioneer Natural Resources' CEO?

41 employees have rated Pioneer Natural Resources Chief Executive Officer Scott Sheffield on Glassdoor.com. Scott Sheffield has an approval rating of 86% among the company's employees.

What other stocks do shareholders of Pioneer Natural Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Pioneer Natural Resources investors own include NVIDIA (NVDA), Intel (INTC), Alibaba Group (BABA), JPMorgan Chase & Co. (JPM), Micron Technology (MU), Boeing (BA), Bank of America (BAC), Home Depot (HD), Walt Disney (DIS) and Netflix (NFLX).

What is Pioneer Natural Resources' stock symbol?

Pioneer Natural Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "PXD."

How do I buy shares of Pioneer Natural Resources?

Shares of PXD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Pioneer Natural Resources' stock price today?

One share of PXD stock can currently be purchased for approximately $229.55.

How much money does Pioneer Natural Resources make?

Pioneer Natural Resources (NYSE:PXD) has a market capitalization of $53.52 billion and generates $24.29 billion in revenue each year. The oil and gas development company earns $7.85 billion in net income (profit) each year or $23.46 on an earnings per share basis.

How many employees does Pioneer Natural Resources have?

The company employs 2,076 workers across the globe.

Does Pioneer Natural Resources have any subsidiaries?
The following companies are subsidiares of Pioneer Natural Resources: DMLP CO., Industrial Sands Holding Company, LF Holding Company LDC, Mesa Environmental Ventures Co., PNR Acquisitions LLC, Parker & Parsley Argentina Inc., Parsley Energy, Petroleum South Cape (Pty) Ltd., Pioneer Hutt Wind Energy LLC, Pioneer International Resources Company, Pioneer Natural Gas Company, Pioneer Natural Resources (Tierra del Fuego) S.R.L., Pioneer Natural Resources Foundation, Pioneer Natural Resources Pumping Services LLC, Pioneer Natural Resources South Africa (Pty) Limited, Pioneer Natural Resources USA Inc., Pioneer Natural Resources Well Services LLC, Pioneer Resources Gabon Limited, Pioneer Sands LLC, Pioneer Uravan Inc., Pioneer Water Management LLC, and TDF Holding Company LDC.
Read More
How can I contact Pioneer Natural Resources?

Pioneer Natural Resources' mailing address is 777 Hidden Ridge, Irving TX, 75038. The official website for the company is www.pxd.com. The oil and gas development company can be reached via phone at (972) 444-9001, via email at neal.shah@pxd.com, or via fax at 972-402-7023.

This page (NYSE:PXD) was last updated on 10/1/2023 by MarketBeat.com Staff

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