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

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$165.72 -2.29 (-1.36 %)
(As of 04/26/2019 09:36 AM ET)
Previous Close$168.01
Today's Range$165.32 - $166.8590
52-Week Range$119.08 - $213.40
Volume72,458 shs
Average Volume1.92 million shs
Market Capitalization$27.92 billion
P/E Ratio26.26
Dividend Yield0.37%
Beta0.99
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$15.0104 per share
Book Value$71.05 per share

Profitability

Net Income$978 million

Miscellaneous

Employees3,177
Market Cap$27.92 billion
Next Earnings Date5/6/2019 (Confirmed)
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 declared 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 yield of 0.45%. The ex-dividend date 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 announced that its Board of Directors has approved a share buyback program 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 stock through open market purchases. Stock buyback programs are typically an indication that the company's board of directors believes its shares are undervalued.

How were Pioneer Natural Resources' earnings last quarter?

Pioneer Natural Resources (NYSE:PXD) announced its quarterly earnings results on Wednesday, February, 13th. The oil and gas development company reported $1.18 EPS for the quarter, missing the consensus estimate of $1.48 by $0.30. The oil and gas development company had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.31 billion. Pioneer Natural Resources had a return on equity of 9.25% and a net margin of 10.40%. The firm's revenue was up 75.4% compared to the same quarter last year. During the same quarter last year, the business posted $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 Monday, May 6th 2019. View Earnings Estimates for Pioneer Natural Resources.

How can I listen to Pioneer Natural Resources' earnings call?

Pioneer Natural Resources will be holding an earnings conference call on Tuesday, May 7th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8665756539.

What price target have analysts set for PXD?

30 brokers have issued 12-month price objectives for Pioneer Natural Resources' stock. Their predictions range from $158.00 to $270.00. On average, they expect Pioneer Natural Resources' stock price to reach $207.9328 in the next year. This suggests a possible upside of 25.5% from the stock's current price. View Analyst Price Targets for Pioneer Natural Resources.

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

30 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 1 strong buy rating 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 headlines about PXD stock have trended somewhat positive on Friday, according to InfoTrie Sentiment. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Pioneer Natural Resources earned a media sentiment score of 1.1 on InfoTrie's scale. They also gave headlines about the oil and gas development company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the next several days.

Are investors shorting Pioneer Natural Resources?

Pioneer Natural Resources saw a drop in short interest in March. As of March 15th, there was short interest totalling 3,130,872 shares, a drop of 32.1% from the February 28th total of 4,609,906 shares. Based on an average daily trading volume, of 1,693,336 shares, the days-to-cover ratio is presently 1.8 days. Approximately 1.9% of the shares of the company are sold short. View Pioneer Natural Resources' Current Options Chain.

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

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 number of of institutional and retail investors. Top institutional shareholders include Ingalls & Snyder LLC (0.52%), DNB Asset Management AS (0.29%), Factory Mutual Insurance Co. (0.17%), Retirement Systems of Alabama (0.11%), Calamos Advisors LLC (0.10%) and S&CO Inc. (0.07%). 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 institutional investors are selling Pioneer Natural Resources stock?

PXD stock was sold by a variety of institutional investors in the last quarter, including Viking Fund Management LLC, Los Angeles Capital Management & Equity Research Inc., Ingalls & Snyder LLC, Quantitative Systematic Strategies LLC, Investec Asset Management LTD, TIAA FSB, Bank of The West and Oppenheimer & Co. Inc.. 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 institutional investors are buying Pioneer Natural Resources stock?

PXD stock was purchased by a variety of institutional investors in the last quarter, including Hexavest Inc., Chartwell Investment Partners LLC, Pennsylvania Trust Co, Pennsylvania Trust Co, Pacer Advisors Inc., Cobiz Wealth LLC, Douglas Lane & Associates LLC and Cobiz Wealth LLC. 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 $165.7150.

How big of a company is Pioneer Natural Resources?

Pioneer Natural Resources has a market capitalization of $27.92 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:  1,242 (Vote Outperform)
Underperform Votes:  785 (Vote Underperform)
Total Votes:  2,027
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 4/26/2019 by MarketBeat.com Staff

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