NYSE:PXD

Pioneer Natural Resources - PXD Stock Forecast, Price & News

$216.50

+1.36 (+0.63%)

(As of 09/29/2022 12:00 AM ET)

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Today's Range: $207.51
▼
$216.72
50-Day Range: $205.41
▼
$262.50
52-Week Range: $166.44
▼
$288.46

Volume: 2.36 million shs
Average Volume: 2.59 million shs
Market Capitalization: $52.38 billion

P/E Ratio: 8.95
Dividend Yield: 2.05%
Price Target: $287.65

Pioneer Natural Resources MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.63 Rating Score
Upside/Downside: 32.9% Upside
$287.65 Price Target
Short Interest: Healthy
2.23% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -7.82
Upright™ Environmental Score
News Sentiment: 1.34
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -11.33%
From $32.75 to $29.04 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.84 out of 5 stars

Oils/Energy Sector

32nd out of 261 stocks

Crude Petroleum & Natural Gas Industry

19th out of 81 stocks

4.3

Analyst's Opinion

Consensus Rating
Pioneer Natural Resources has received a consensus rating of Buy. The company's average rating score is 2.63, and is based on 11 buy ratings, 6 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $287.65, Pioneer Natural Resources has a forecasted upside of 32.9% from its current price of $216.50.
Amount of Analyst Coverage
Pioneer Natural Resources has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
2.23% of the float of Pioneer Natural Resources has been sold short.
Short Interest Ratio / Days to Cover
Pioneer Natural Resources has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Pioneer Natural Resources has recently increased by 0.59%, indicating that investor sentiment is decreasing.

2.5

Dividend Strength

Dividend Yield
Pioneer Natural Resources pays a meaningful dividend of 2.05%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Pioneer Natural Resources does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Pioneer Natural Resources is 18.19%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Pioneer Natural Resources will have a dividend payout ratio of 15.15% next year. This indicates that Pioneer Natural Resources will be able to sustain or increase its dividend.

0.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Pioneer Natural Resources has received a -85.13% net impact score from Upright. The largest negative impact of Pioneer Natural Resources in category "GHG emissions" seems to be driven mostly by its "Crude oil", "Crude natural gas", and "Natural gas exploration services" products. See details.
Environmental Sustainability
The Environmental Impact score for Pioneer Natural Resources is -7.82.

3.0

News and Social Media Coverage

News Sentiment
Pioneer Natural Resources has a news sentiment score of 1.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.44 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Pioneer Natural Resources this week, compared to 7 articles on an average week.
Search Interest
Only 115 people have searched for PXD on MarketBeat in the last 30 days. This is a decrease of -24% compared to the previous 30 days.
MarketBeat Follows
Only 63 people have added Pioneer Natural Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -7% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Pioneer Natural Resources insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.55% of the stock of Pioneer Natural Resources is held by insiders.
Percentage Held by Institutions
89.97% of the stock of Pioneer Natural Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Pioneer Natural Resources are expected to decrease by -11.33% in the coming year, from $32.75 to $29.04 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Pioneer Natural Resources is 8.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.52.
Price to Earnings Ratio vs. Sector
The P/E ratio of Pioneer Natural Resources is 8.95, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 45.27.
Price to Earnings Growth Ratio
Pioneer Natural Resources has a PEG Ratio of 0.74. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Pioneer Natural Resources has a P/B Ratio of 2.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Pioneer Natural Resources (NYSE:PXD) Stock

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 in the Midland Basin in West Texas. As of December 31, 2021, the company had proved undeveloped reserves and proved developed non-producing reserves of 130 million barrels of oil, 92 million barrels of NGLs, and 462 billion cubic feet of gas; and owned interests in 11 gas processing plants. Pioneer Natural Resources Company was founded in 1997 and is headquartered in Irving, Texas.

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PXD Stock News Headlines

September 28, 2022 | marketbeat.com

These 3 Big Dividend Payers Also Boast Strong Price Growth (PXD)

Dividend payers like Black Hills, Unum Group and Pioneer Natural Resources provide a way of getting a return even during a period of equity-market downturns.

September 22, 2022 | marketbeat.com

Natural Gas Prices Continue To Rally, These Stocks Should Benefit

Natural gas prices are up significantly over the past few years, and companies that explore and produce NG, should benefit substantially.

September 29, 2022 | americanbankingnews.com

Brokerages Set Pioneer Natural Resources (NYSE:PXD) PT at $287.65

September 27, 2022 | nasdaq.com

Pioneer Natural Resources Company's (NYSE:PXD) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?

September 24, 2022 | americanbankingnews.com

Citigroup Trims Pioneer Natural Resources (NYSE:PXD) Target Price to $257.00

September 23, 2022 | msn.com

3PXD : Pioneer Natural Resources Whale Trades For September 23

September 23, 2022 | finance.yahoo.com

Pioneer Natural Resources (PXD) Stock Moves -0.59%: What You Should Know

September 23, 2022 | americanbankingnews.com

Pioneer Natural Resources (NYSE:PXD) Coverage Initiated at KeyCorp

September 20, 2022 | nasdaq.com

PXD Crosses Below Key Moving Average Level

September 20, 2022 | markets.businessinsider.com

15 Analysts Have This to Say About Pioneer Natural Resources

September 15, 2022 | finance.yahoo.com

Leading Energy Stock In A Cup-With-Handle Base

September 12, 2022 | seekingalpha.com

Pioneer Natural Resources: One Of The Largest Dividends Out There

September 8, 2022 | finance.yahoo.com

Exxon and 3 Other Energy Stocks Whose Dividends Look Like They Can Weather Tough Times

September 8, 2022 | finance.yahoo.com

Dividends for Tough Times: 4 Energy Stocks That Raised Payouts During Covid

September 6, 2022 | finance.yahoo.com

Pioneer Natural Resources to Present at the Barclays CEO Energy-Power Conference

September 2, 2022 | seekingalpha.com

Pioneer Natural Resources: Dividend Yield May Rise To 20% If The Oil Rally Continues

September 2, 2022 | seekingalpha.com

Pioneer Natural Resources: Patience Is Key - Don't Pull The Buy Trigger Yet

September 1, 2022 | marketwatch.com

Pioneer Natural Resources (PXD) Trading Report

September 1, 2022 | msn.com

7PXD : Looking At Pioneer Natural Resources's...

September 1, 2022 | finance.yahoo.com

Why Is Pioneer Natural Resources (PXD) Up 14.7% Since Last Earnings Report?

August 31, 2022 | nasdaq.com

Pioneer Natural Resources About To Put More Money In Your Pocket (PXD)

August 30, 2022 | msn.com

Here's How Much $100 Invested In Pioneer Natural Resources 15 Years Ago Would Be Worth Today

August 30, 2022 | seekingalpha.com

Pioneer Natural Resources: How Safe Is The Dividend Moving Forward?

August 25, 2022 | fool.com

Pioneer Natural Resources (NYSE: PXD)

August 25, 2022 | nasdaq.com

Pioneer Natural Resources (NYSE:PXD) Has A Rock Solid Balance Sheet

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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PXD Company Calendar

Last Earnings: 8/02/2022
Ex-Dividend for 9/16 Dividend: 9/02/2022
Dividend Payable: 9/16/2022
Today: 9/29/2022
Next Earnings (Estimated): 11/02/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Crude petroleum & natural gas
Sub-Industry: Oil & Gas Exploration & Production
Sector: Oils/Energy
Current Symbol: NYSE:PXD
CUSIP: 72378710
CIK: 1038357
Web: www.pxd.com
Phone: (972) 444-9001
Fax: 972-402-7023
Employees: 1,932
Year Founded: 1997

Price Target and Rating

Average Stock Price Forecast: $287.65
High Stock Price Forecast: $400.00
Low Stock Price Forecast: $240.00
Forecasted Upside/Downside: +32.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.63
Research Coverage: 19 Analysts

Profitability

EPS (Most Recent Fiscal Year): $24.19
Trailing P/E Ratio: 8.95
Forward P/E Ratio: 6.61
P/E Growth: 0.74
Net Income: $2.12 billion
Net Margins: 28.29%
Pretax Margin: 36.19%
Return on Equity: 28.26%
Return on Assets: 17.79%

Debt

Debt-to-Equity Ratio: 0.19
Current Ratio: 1.33
Quick Ratio: 1.20

Sales & Book Value

Annual Sales: $14.64 billion
Price / Sales: 3.58
Cash Flow: $25.20 per share
Price / Cash Flow: 8.59
Book Value: $93.54 per share
Price / Book: 2.31

Miscellaneous

Outstanding Shares: 241,959,000
Free Float: 240,628,000
Market Cap: $52.38 billion
Optionable: Optionable
Beta: 1.46

Social Links

Key Executives

Mr. Scott Douglas Sheffield (Age 69)
CEO & Director
Comp: $3.99M

Mr. Richard P. Dealy (Age 56)
Pres & COO
Comp: $1.74M

Mr. Neal H. Shah (Age 51)
Sr. VP & CFO
Comp: $1.21M

Mr. Mark S. Berg (Age 63)
Exec. VP of Corp. Operations
Comp: $1.23M

Mr. Jerome D. Hall Jr. (Age 56)
Exec. VP of Operations
Comp: $1.24M

Mr. Christopher L. Washburn (Age 39)
Interim Chief Accounting Officer

Ms. Stephanie D. Stewart (Age 53)
VP & Chief Information Officer

Mr. Larry N. Paulsen
Sr. VP of Admin. and Risk Management

Mr. Mark H. Kleinman (Age 60)
Exec. VP & Gen. Counsel

Ms. Tyson L. Taylor (Age 43)
Sr. VP of HR & Communications

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PXD Stock - Frequently Asked Questions

Should I buy or sell Pioneer Natural Resources stock right now?: 19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pioneer Natural Resources in the last twelve months. There are currently 1 sell rating, 6 hold ratings, 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" PXD shares.
View PXD analyst ratings or view top-rated stocks.
What is Pioneer Natural Resources' stock price forecast for 2022?: 19 Wall Street analysts have issued 1 year price targets for Pioneer Natural Resources' stock. Their PXD share price forecasts range from $240.00 to $400.00. On average, they predict the company's share price to reach $287.65 in the next twelve months. This suggests a possible upside of 32.9% from the stock's current price.
View analysts price targets for PXD or view top-rated stocks among Wall Street analysts.
How have PXD shares performed in 2022?: Pioneer Natural Resources' stock was trading at $181.88 on January 1st, 2022. Since then, PXD stock has increased by 19.0% and is now trading at $216.50.
View the best growth stocks for 2022 here.
When is Pioneer Natural Resources' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our PXD earnings forecast.
How were Pioneer Natural Resources' earnings last quarter?: Pioneer Natural Resources (NYSE:PXD) released its quarterly earnings data on Tuesday, August, 2nd. The oil and gas development company reported $9.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.81 by $0.55. The oil and gas development company earned $6.92 billion during the quarter, compared to the consensus estimate of $6.93 billion. Pioneer Natural Resources had a net margin of 28.29% and a trailing twelve-month return on equity of 28.26%. During the same quarter in the prior year, the business earned $2.55 EPS.
Read the conference call transcript.
How often does Pioneer Natural Resources pay dividends? What is the dividend yield for Pioneer Natural Resources?: Pioneer Natural Resources declared a quarterly dividend on Tuesday, August 2nd. Stockholders of record on Tuesday, September 6th will be paid a dividend of $8.57 per share on Friday, September 16th. This represents a $34.28 annualized dividend and a dividend yield of 15.83%. The ex-dividend date is Friday, September 2nd. This is an increase from the stock's previous quarterly dividend of $7.38.
Read our dividend analysis for PXD.
Is Pioneer Natural Resources a good dividend stock?: Pioneer Natural Resources (NYSE:PXD) pays an annual dividend of $4.40 per share and currently has a dividend yield of 2.05%. The dividend payout ratio is 18.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PXD will have a dividend payout ratio of 15.15% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PXD.

What is Scott Sheffield's approval rating as Pioneer Natural Resources' CEO?: 41 employees have rated Pioneer Natural Resources Chief Executive Officer Scott Sheffield on Glassdoor.com. Scott Sheffield has an approval rating of 86% among the company's employees.
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), Intel (INTC), Alibaba Group (BABA), JPMorgan Chase & Co. (JPM), Micron Technology (MU), Boeing (BA), Bank of America (BAC), Home Depot (HD), Walt Disney (DIS) and Netflix (NFLX).
What is Pioneer Natural Resources' stock symbol?: Pioneer Natural Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "PXD."
How do I buy shares of Pioneer Natural Resources?: Shares of PXD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Pioneer Natural Resources' stock price today?: One share of PXD stock can currently be purchased for approximately $216.50.
How much money does Pioneer Natural Resources make?: Pioneer Natural Resources (NYSE:PXD) has a market capitalization of $52.38 billion and generates $14.64 billion in revenue each year. The oil and gas development company earns $2.12 billion in net income (profit) each year or $24.19 on an earnings per share basis.
How many employees does Pioneer Natural Resources have?: The company employs 1,932 workers across the globe.
Does Pioneer Natural Resources have any subsidiaries?: The following companies are subsidiares of Pioneer Natural Resources: DMLP CO., Industrial Sands Holding Company, LF Holding Company LDC, Mesa Environmental Ventures Co., PNR Acquisitions LLC, Parker & Parsley Argentina Inc., Parsley Energy, Petroleum South Cape (Pty) Ltd., Pioneer Hutt Wind Energy LLC, Pioneer International Resources Company, Pioneer Natural Gas Company, Pioneer Natural Resources (Tierra del Fuego) S.R.L., Pioneer Natural Resources Foundation, Pioneer Natural Resources Pumping Services LLC, Pioneer Natural Resources South Africa (Pty) Limited, Pioneer Natural Resources USA Inc., Pioneer Natural Resources Well Services LLC, Pioneer Resources Gabon Limited, Pioneer Sands LLC, Pioneer Uravan Inc., Pioneer Water Management LLC, and TDF Holding Company LDC.
Read More
How can I contact Pioneer Natural Resources?: Pioneer Natural Resources' mailing address is 777 Hidden Ridge, Irving TX, 75038. The official website for the company is www.pxd.com. The oil and gas development company can be reached via phone at (972) 444-9001, via email at neal.shah@pxd.com, or via fax at 972-402-7023.

This page (NYSE:PXD) was last updated on 9/30/2022 by MarketBeat.com Staff

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Pioneer Natural Resources - PXD Stock Forecast, Price & News

Pioneer Natural Resources MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows