NYSE:PXD - Pioneer Natural Resources Stock Price, Forecast & News

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

Pioneer Natural Resources announced a quarterly dividend on Wednesday, February 19th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.55 per share on Tuesday, April 14th. This represents a $2.20 annualized dividend and a yield of 1.85%. The ex-dividend date is Monday, March 30th. This is a boost from Pioneer Natural Resources's previous quarterly dividend of $0.44. View Pioneer Natural Resources' Dividend History.

Pioneer Natural Resources announced that its Board of Directors has approved a stock repurchase program on Thursday, December 13th 2018, which authorizes the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 8.4% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its shares are undervalued.

Pioneer Natural Resources (NYSE:PXD) posted its quarterly earnings data on Wednesday, February, 19th. The oil and gas development company reported $2.36 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $2.12 by $0.24. The oil and gas development company had revenue of $2.64 billion for the quarter, compared to analysts' expectations of $2.48 billion. Pioneer Natural Resources had a return on equity of 11.46% and a net margin of 8.13%. The company's revenue for the quarter was down 1.3% on a year-over-year basis. During the same period in the prior year, the company posted $1.18 EPS. View Pioneer Natural Resources' Earnings History.

Pioneer Natural Resources is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Pioneer Natural Resources.

22 analysts have issued 12 month target prices for Pioneer Natural Resources' shares. Their forecasts range from $150.00 to $205.00. On average, they anticipate Pioneer Natural Resources' share price to reach $178.63 in the next twelve months. This suggests a possible upside of 49.9% from the stock's current price. View Analyst Price Targets for Pioneer Natural Resources.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pioneer Natural Resources in the last year. There are currently 5 hold ratings, 16 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 stories about PXD stock have been trending very negative recently, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Pioneer Natural Resources earned a coverage optimism score of -3.0 on InfoTrie's scale. They also assigned headlines about the oil and gas development company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Pioneer Natural Resources.

Pioneer Natural Resources saw a drop in short interest in the month of February. As of February 14th, there was short interest totalling 3,650,000 shares, a drop of 6.2% from the January 30th total of 3,890,000 shares. Based on an average daily volume of 1,450,000 shares, the short-interest ratio is currently 2.5 days. Approximately 2.2% of the company's stock are short sold. 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), Apache (APA), Continental Resources (CLR), Noble Energy (NBL), Marathon Oil (MRO), Devon Energy (DVN), Cabot Oil & Gas (COG), WPX Energy (WPX), Cimarex Energy (XEC), EQT (EQT), Kosmos Energy (KOS) and PDC Energy (PDCE).

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

Pioneer Natural Resources' stock is owned by many different of institutional and retail investors. Top institutional shareholders include State Street Corp (5.07%), Capital International Investors (4.38%), Massachusetts Financial Services Co. MA (2.31%), FMR LLC (1.94%), Bank of New York Mellon Corp (1.62%) and Capital World Investors (1.54%). Company insiders that own Pioneer Natural Resources stock include Andrew F Cates, Chris J Cheatwood, Christopher M Paulsen, 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, Scott D Sheffield, Stephanie D Stewart 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 Boston Partners, SG Americas Securities LLC, Retirement Systems of Alabama, Point72 Asset Management L.P., Bank of Montreal Can, Commerzbank Aktiengesellschaft FI, USS Investment Management Ltd and Alliancebernstein L.P.. Company insiders that have sold Pioneer Natural Resources company stock in the last year include Chris J Cheatwood, Christopher M Paulsen, Jerome D Hall Jr, Margaret Montemayor, Mark H Kleinman and Mark Stephen Berg. View Insider Buying and Selling for Pioneer Natural Resources.

PXD stock was purchased by a variety of institutional investors in the last quarter, including Capital World Investors, Massachusetts Financial Services Co. MA, Vaughan Nelson Investment Management L.P., Senator Investment Group LP, Bank of New York Mellon Corp, State Street Corp, FMR LLC and Janus Henderson Group PLC. 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 $119.16.

Pioneer Natural Resources has a market capitalization of $19.75 billion and generates $9.30 billion in revenue each year. The oil and gas development company earns $756 million in net income (profit) each year or $8.18 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]