NYSE:PXDPioneer Natural Resources Stock Price, Forecast & News

Pioneer Natural Resources' stock was trading at $70.24 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PXD stock has increased by 31.7% and is now trading at $92.54. View which stocks have been most impacted by Coronavirus.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pioneer Natural Resources in the last year. There are currently 6 hold ratings and 17 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Pioneer Natural Resources.

Pioneer Natural Resources is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Pioneer Natural Resources.

Pioneer Natural Resources (NYSE:PXD) issued its quarterly earnings data on Wednesday, May, 6th. The oil and gas development company reported $1.15 EPS for the quarter, topping analysts' consensus estimates of $1.03 by $0.12. The oil and gas development company had revenue of $2.26 billion for the quarter, compared to the consensus estimate of $2.18 billion. Pioneer Natural Resources had a net margin of 7.60% and a return on equity of 10.46%. Pioneer Natural Resources's revenue for the quarter was down 6.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.83 EPS. View Pioneer Natural Resources' earnings history.

Pioneer Natural Resources announced a quarterly dividend on Thursday, May 21st. Investors of record on Tuesday, June 30th will be given a dividend of $0.55 per share on Tuesday, July 14th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date is Monday, June 29th. View Pioneer Natural Resources' dividend history.

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

23 brokerages have issued twelve-month price targets for Pioneer Natural Resources' stock. Their forecasts range from $63.00 to $202.00. On average, they expect Pioneer Natural Resources' stock price to reach $120.90 in the next year. This suggests a possible upside of 30.6% from the stock's current price. View analysts' price targets for Pioneer Natural Resources.

Media stories about PXD stock have been trending very negative recently, InfoTrie reports. The research group ranks 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 -5 to 5, with scores closest to five being the most favorable. Pioneer Natural Resources earned a media sentiment 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 near future. View the latest news aboutPioneer Natural Resources.

Pioneer Natural Resources saw a decrease in short interest in April. As of April 15th, there was short interest totaling 5,100,000 shares, a decrease of 7.3% from the March 31st total of 5,500,000 shares. Based on an average daily trading volume, of 2,830,000 shares, the days-to-cover ratio is presently 1.8 days. Approximately 3.1% 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), Cabot Oil & Gas (COG), Diamondback Energy (FANG), Continental Resources (CLR), Noble Energy (NBL), Marathon Oil (MRO), Apache (APA), Devon Energy (DVN), EQT (EQT), WPX Energy (WPX), Cimarex Energy (XEC), Southwestern Energy (SWN) and Range Resources (RRC). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Pioneer Natural Resources investors own include NVIDIA (NVDA), Alibaba Group (BABA), Boeing (BA), EOG Resources (EOG), Netflix (NFLX), JPMorgan Chase & Co. (JPM), Bank of America (BAC), Gilead Sciences (GILD), Intel (INTC) and Micron Technology (MU).

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

Pioneer Natural Resources' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.17%), State Street Corp (5.55%), Capital International Investors (4.53%), Primecap Management Co. CA (3.42%), Clearbridge Investments LLC (2.75%) and Massachusetts Financial Services Co. MA (1.94%). Company insiders that own Pioneer Natural Resources stock include Andrew F Cates, Chris J Cheatwood, Christopher M Paulsen, J Kenneth Thompson, Jerome D Hall Jr, Larry R Grillot, Margaret Montemayor, Mark H Kleinman, Mark Stephen Berg 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 Massachusetts Financial Services Co. MA, USS Investment Management Ltd, Nuveen Asset Management LLC, Van ECK Associates Corp, Primecap Management Co. CA, Swedbank, Abrams Bison Investments LLC, and Vaughan Nelson Investment Management 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 activity for Pioneer Natural Resources.

PXD stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Menora Mivtachim Holdings LTD., State Street Corp, Capital World Investors, Invesco Ltd., Two Sigma Advisers LP, Alyeska Investment Group L.P., and Clearbridge Investments LLC. 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 activity 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 $92.54.

Pioneer Natural Resources has a market capitalization of $15.26 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 2,323 workers across the globe.

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

Pioneer Natural Resources' mailing address is 777 Hidden Ridge, Irving TX, 75038. The oil and gas development company can be reached via phone at 972-444-9001 or via email at [email protected]