Pioneer Natural Resources Stock Price, Forecast & Analysis (NYSE:PXD)

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

Pioneer Natural Resources announced a quarterly dividend on Monday, November 4th. Investors of record on Tuesday, December 31st will be paid a dividend of $0.44 per share on Tuesday, January 14th. This represents a $1.76 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date is Monday, December 30th. View Pioneer Natural Resources' Dividend History.

Pioneer Natural Resources declared that its board has approved a stock repurchase program on Thursday, December 13th 2018, which allows the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 8.4% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's board believes its stock is undervalued.

Pioneer Natural Resources (NYSE:PXD) announced its earnings results on Monday, November, 4th. The oil and gas development company reported $1.99 earnings per share for the quarter, missing the Zacks' consensus estimate of $2.02 by $0.03. The oil and gas development company had revenue of $2.33 billion for the quarter, compared to analysts' expectations of $2.32 billion. Pioneer Natural Resources had a net margin of 7.88% and a return on equity of 9.86%. Pioneer Natural Resources's revenue for the quarter was down 6.1% compared to the same quarter last year. During the same quarter last year, the firm posted $2.07 earnings per share. View Pioneer Natural Resources' Earnings History.

Pioneer Natural Resources is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Pioneer Natural Resources.

26 equities research analysts have issued 1 year price targets for Pioneer Natural Resources' shares. Their forecasts range from $130.00 to $270.00. On average, they expect Pioneer Natural Resources' stock price to reach $187.22 in the next twelve months. This suggests a possible upside of 39.4% from the stock's current price. View Analyst Price Targets for Pioneer Natural Resources.

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pioneer Natural Resources in the last year. There are currently 4 hold ratings, 21 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Pioneer Natural Resources.

News headlines about PXD stock have trended somewhat negative on Friday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Pioneer Natural Resources earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned news articles about the oil and gas development company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Pioneer Natural Resources.

Pioneer Natural Resources saw a decrease in short interest in the month of October. As of October 31st, there was short interest totalling 4,320,000 shares, a decrease of 18.5% from the September 30th total of 5,300,000 shares. Based on an average trading volume of 1,620,000 shares, the days-to-cover ratio is presently 2.7 days. Currently, 2.6% of the shares of the company are sold short. View Pioneer Natural Resources' Current Options Chain.

Some companies that are related to Pioneer Natural Resources include ConocoPhillips (COP), EOG Resources (EOG), Concho Resources (CXO), Diamondback Energy (FANG), Continental Resources (CLR), Noble Energy (NBL), Marathon Oil (MRO), Apache (APA), Devon Energy (DVN), Cabot Oil & Gas (COG), Cimarex Energy (XEC), WPX Energy (WPX), Kosmos Energy (KOS), EQT (EQT) and Matador Resources (MTDR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Pioneer Natural Resources investors own include NVIDIA (NVDA), EOG Resources (EOG), Micron Technology (MU), Alibaba Group (BABA), JPMorgan Chase & Co. (JPM), Boeing (BA), Visa (V), Netflix (NFLX), Gilead Sciences (gild) and Bank of America (BAC).

Pioneer Natural Resources' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (1.79%), USS Investment Management Ltd (0.70%), CIBC Private Wealth Group LLC (0.60%), Ingalls & Snyder LLC (0.48%), Sumitomo Mitsui Trust Holdings Inc. (0.40%) and California Public Employees Retirement System (0.21%). Company insiders that own Pioneer Natural Resources stock include Andrew F Cates, Chris J Cheatwood, Edison C Buchanan, Frank E Hopkins, J Kenneth Thompson, Jerome D Hall Jr, Kenneth H Sheffield Jr, Larry R Grillot, Margaret Montemayor, Mark H Kleinman, Mark Stephen Berg, Richard P Dealy, Scott D Sheffield, Stephanie D Stewart, Teresa A Fairbrook and Timothy L Dove. View Institutional Ownership Trends for Pioneer Natural Resources.

PXD stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Unigestion Holding SA, State of New Jersey Common Pension Fund D, CIBC Private Wealth Group LLC, Russell Investments Group Ltd., Great West Life Assurance Co. Can, Commerzbank Aktiengesellschaft FI and Icon Advisers Inc. Co.. Company insiders that have sold Pioneer Natural Resources company stock in the last year include Chris J Cheatwood, Margaret Montemayor and Timothy L Dove. View Insider Buying and Selling for Pioneer Natural Resources.

PXD stock was acquired by a variety of institutional investors in the last quarter, including USS Investment Management Ltd, SG Americas Securities LLC, Reinhart Partners Inc., Massachusetts Financial Services Co. MA, Strs Ohio, California Public Employees Retirement System, Sicart Associates LLC and Scout Investments Inc.. Company insiders that have bought Pioneer Natural Resources stock in the last two years include Andrew F Cates and J Kenneth Thompson. View Insider Buying and Selling for Pioneer Natural Resources.

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

One share of PXD stock can currently be purchased for approximately $134.28.

Pioneer Natural Resources has a market capitalization of $22.24 billion and generates $9.42 billion in revenue each year. The oil and gas development company earns $978 million in net income (profit) each year or $6.31 on an earnings per share basis. Pioneer Natural Resources employs 3,177 workers across the globe.View Additional Information About Pioneer Natural Resources.

The official website for Pioneer Natural Resources is http://www.pxd.com/.

Pioneer Natural Resources' mailing address is 5205 N. O`Connor Blvd. Suite 200, Irving TX, 75039. The oil and gas development company can be reached via phone at 972-444-9001 or via email at [email protected]