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

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$139.93 -0.63 (-0.45 %)
(As of 03/25/2019 04:00 PM ET)
Previous Close$140.56
Today's Range$138.22 - $141.07
52-Week Range$119.08 - $213.40
Volume1.10 million shs
Average Volume1.82 million shs
Market Capitalization$23.56 billion
P/E Ratio22.18
Dividend Yield0.23%
Beta0.98
Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company explores for, develops, and produces oil, natural gas liquids (NGLs), and gas. It has operations primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeast Colorado, and the West Panhandle field in the Texas Panhandle. As of December 31, 2017, the company had proved undeveloped reserves and proved developed reserves of approximately 45 million barrels of oil, 22 million barrels of NGLs, and 291 billion cubic feet of gas; and owned interests in 10 gas processing plants and 4 treating facilities. Pioneer Natural Resources Company is headquartered in Irving, Texas.

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Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
CUSIP72378710
Phone972-444-9001

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$9.42 billion
Cash Flow$15.8471 per share
Book Value$71.05 per share

Profitability

Net Income$978 million

Miscellaneous

Employees3,177
Market Cap$23.56 billion
Next Earnings Date5/1/2019 (Estimated)
OptionableOptionable

Pioneer Natural Resources (NYSE:PXD) Frequently Asked Questions

What is Pioneer Natural Resources' stock symbol?

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

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

Pioneer Natural Resources announced a semiannual dividend on Thursday, February 14th. Investors of record on Friday, March 29th will be paid a dividend of $0.32 per share on Friday, April 12th. This represents a dividend yield of 0.45%. The ex-dividend date of this dividend is Thursday, March 28th. This is a positive change from Pioneer Natural Resources's previous semiannual dividend of $0.16. View Pioneer Natural Resources' Dividend History.

How will Pioneer Natural Resources' stock buyback program work?

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

How were Pioneer Natural Resources' earnings last quarter?

Pioneer Natural Resources (NYSE:PXD) released its quarterly earnings results on Wednesday, February, 13th. The oil and gas development company reported $1.18 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.48 by $0.30. The oil and gas development company earned $2.68 billion during the quarter, compared to the consensus estimate of $2.31 billion. Pioneer Natural Resources had a net margin of 10.40% and a return on equity of 9.25%. The firm's revenue was up 75.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.22 earnings per share. View Pioneer Natural Resources' Earnings History.

When is Pioneer Natural Resources' next earnings date?

Pioneer Natural Resources is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for Pioneer Natural Resources.

What price target have analysts set for PXD?

31 brokers have issued 12-month price objectives for Pioneer Natural Resources' stock. Their predictions range from $158.00 to $308.00. On average, they expect Pioneer Natural Resources' share price to reach $214.9259 in the next twelve months. This suggests a possible upside of 53.6% from the stock's current price. View Analyst Price Targets for Pioneer Natural Resources.

What is the consensus analysts' recommendation for Pioneer Natural Resources?

31 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pioneer Natural Resources in the last year. There are currently 4 hold ratings, 25 buy ratings and 2 strong buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Pioneer Natural Resources.

What are Wall Street analysts saying about Pioneer Natural Resources stock?

Here are some recent quotes from research analysts about Pioneer Natural Resources stock:
  • 1. According to Zacks Investment Research, "Pioneer remains focused on the Permian Basin, which is among the lucrative oil shale plays with less risk for operation. The region has been growing production even with reduced investment.  Moreover, the company is one of the largest acreage holder in the Midland Basin with about 200,000 gross acres in the southern Wolfcamp joint venture (JV) area. We appreciate the excellent financial health of the company. Pioneer has debt to capitalization ratio of 16.1% which is much lower than 44.6% for the broader industry. However, we are concerned with rising operating expenses, hurting the company’s profit." (11/20/2018)
  • 2. Williams Capital analysts commented, "We reaffirm our Hold rang on valuaon. Key Points Lower than expected gain from Midland Basin oil pricing. PXD announced its 2Q18 pre-hedge natural gas, crude oil and NGL pricing realizao ns at $1.97/Mcf, $61.20/bbl and $28.83/bbl, 15.9% below, 1.7% above and 11.7% above our esmates of $2.34/Mcf, $60.18/bbl and $25.80/bbl, res pecvely. More importantly, since there was uncertainty around the capture of the Brent-WTI spread for its Midland Basin oil volumes, investors will focus on the purchase of oil and gas gain of ~$69.0 million, which was well below our esmate of $142.5 million." (7/31/2018)

Has Pioneer Natural Resources been receiving favorable news coverage?

Media stories about PXD stock have been trending somewhat negative recently, according to InfoTrie. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Pioneer Natural Resources earned a daily sentiment score of -1.1 on InfoTrie's scale. They also assigned media headlines about the oil and gas development company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next few days.

Who are some of Pioneer Natural Resources' key competitors?

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), Home Depot (HD), Alibaba Group (BABA), Netflix (NFLX), EOG Resources (EOG), Bank of America (BAC), Gilead Sciences (GILD), Celgene (CELG), Micron Technology (MU) and JPMorgan Chase & Co. (JPM).

Who are Pioneer Natural Resources' key executives?

Pioneer Natural Resources' management team includes the folowing people:
  • Mr. Scott Douglas Sheffield, Pres, CEO & Director (Age 66)
  • Mr. Timothy L. Dove, Pres, CEO & Director (Age 62)
  • Mr. Richard P. Dealy, Exec. VP & CFO (Age 53)
  • Mr. Chris J. Cheatwood, Exec. VP & Chief Technology Officer (Age 58)
  • Mr. Mark S. Berg, Exec. VP of Corp./Vertically Integrated Operations (Age 60)

Who are Pioneer Natural Resources' major shareholders?

Pioneer Natural Resources' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.46%), Baupost Group LLC MA (2.64%), FMR LLC (2.47%), Boston Partners (1.64%), Bank of New York Mellon Corp (1.32%) and Northern Trust Corp (1.20%). 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, Stacy P Methvin, Stephanie D Stewart, Teresa A Fairbrook and Timothy L Dove. View Institutional Ownership Trends for Pioneer Natural Resources.

Which major investors are selling Pioneer Natural Resources stock?

PXD stock was sold by a variety of institutional investors in the last quarter, including Carmignac Gestion, FMR LLC, Bessemer Group Inc., Voloridge Investment Management LLC, Van ECK Associates Corp, Wexford Capital LP, Bank of New York Mellon Corp and First Quadrant L P CA. Company insiders that have sold Pioneer Natural Resources company stock in the last year include Chris J Cheatwood, Edison C Buchanan, Frank E Hopkins, J Kenneth Thompson, Jerome D Hall Jr, Kenneth H Sheffield Jr, Larry R Grillot, Mark H Kleinman, Scott D Sheffield, Stephanie D Stewart and Timothy L Dove. View Insider Buying and Selling for Pioneer Natural Resources.

Which major investors are buying Pioneer Natural Resources stock?

PXD stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Baupost Group LLC MA, Abrams Bison Investments LLC, Two Sigma Advisers LP, APG Asset Management N.V., Dimensional Fund Advisors LP, MFN Partners Management LP and Swedbank. Company insiders that have bought Pioneer Natural Resources stock in the last two years include Andrew F Cates, J Kenneth Thompson and Stacy P Methvin. View Insider Buying and Selling for Pioneer Natural Resources.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is Pioneer Natural Resources' stock price today?

One share of PXD stock can currently be purchased for approximately $139.93.

How big of a company is Pioneer Natural Resources?

Pioneer Natural Resources has a market capitalization of $23.56 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.

What is Pioneer Natural Resources' official website?

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

How can I contact Pioneer Natural Resources?

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]


MarketBeat Community Rating for Pioneer Natural Resources (NYSE PXD)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  1,230 (Vote Outperform)
Underperform Votes:  776 (Vote Underperform)
Total Votes:  2,006
MarketBeat's community ratings are surveys of what our community members think about Pioneer Natural Resources and other stocks. Vote "Outperform" if you believe PXD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PXD will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/25/2019 by MarketBeat.com Staff

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