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. Stockholders 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 dividend yield of 1.32%. The ex-dividend date is Monday, December 30th. View Pioneer Natural Resources' Dividend History.

Pioneer Natural Resources declared that its board has initiated a stock repurchase program on Thursday, December 13th 2018, which permits the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 8.4% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board believes its stock is undervalued.

Pioneer Natural Resources (NYSE:PXD) issued its quarterly earnings results on Monday, November, 4th. The oil and gas development company reported $1.99 EPS for the quarter, missing the Thomson Reuters' 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 the consensus estimate of $2.32 billion. Pioneer Natural Resources had a return on equity of 9.86% and a net margin of 7.88%. The company's quarterly revenue was down 6.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.07 EPS. 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.

27 brokers have issued twelve-month target prices for Pioneer Natural Resources' shares. Their forecasts range from $130.00 to $270.00. On average, they anticipate Pioneer Natural Resources' stock price to reach $187.22 in the next twelve months. This suggests a possible upside of 40.0% from the stock's current price. View Analyst Price Targets for Pioneer Natural Resources.

27 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 2 strong buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Pioneer Natural Resources.

News articles about PXD stock have trended somewhat negative on Thursday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Pioneer Natural Resources earned a coverage optimism score of -1.4 on InfoTrie's scale. They also assigned news stories about the oil and gas development company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact 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 daily trading volume, of 1,620,000 shares, the short-interest ratio is currently 2.7 days. Approximately 2.6% of the company's shares 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 number of of retail and institutional investors. Top institutional investors 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 purchased 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 $133.69.

Pioneer Natural Resources has a market capitalization of $22.15 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]