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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
Current SymbolNYSE:PXD
Previous Symbol
CUSIP72378710
Phone972-444-9001
Debt
Debt-to-Equity Ratio0.19
Current Ratio1.20
Quick Ratio1.07
Price-To-Earnings
Trailing P/E Ratio72.77
Forward P/E Ratio21.95
P/E Growth1.76
Sales & Book Value
Annual Sales$5.46 billion
Price / Sales4.91
Cash Flow$11.0612 per share
Price / Cash14.21
Book Value$66.28 per share
Price / Book2.37
Profitability
EPS (Most Recent Fiscal Year)$2.16
Net Income$833 million
Net Margins15.98%
Return on Equity9.47%
Return on Assets6.25%
Miscellaneous
Employees3,836
Outstanding Shares170,460,000
Market Cap$26.68 billion
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 quarterly dividend on Thursday, August 30th. Stockholders of record on Friday, September 28th will be given a dividend of $0.16 per share on Friday, October 12th. This represents a $0.64 annualized dividend and a dividend yield of 0.41%. The ex-dividend date is Thursday, September 27th. This is an increase from Pioneer Natural Resources's previous quarterly dividend of $0.04. 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 authorized a stock buyback plan on Wednesday, February 7th 2018, which permits the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's management believes its shares are undervalued.
How were Pioneer Natural Resources' earnings last quarter?
Pioneer Natural Resources (NYSE:PXD) issued its quarterly earnings data on Tuesday, November, 6th. The oil and gas development company reported $2.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.38. The oil and gas development company earned $2.48 billion during the quarter, compared to analyst estimates of $2.24 billion. Pioneer Natural Resources had a return on equity of 9.47% and a net margin of 15.98%. The business's quarterly revenue was up 112.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.48 earnings per share. View Pioneer Natural Resources' Earnings History.
When is Pioneer Natural Resources' next earnings date?
What price target have analysts set for PXD?
31 brokerages have issued 1 year target prices for Pioneer Natural Resources' stock. Their forecasts range from $210.00 to $308.00. On average, they anticipate Pioneer Natural Resources' share price to reach $237.68 in the next year. This suggests a possible upside of 51.2% 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, we appreciate the excellent financial health of the company. Pioneer has debt to capitalization ratio of 16.6% which is much lower than 45.8% for the broader industry. However, there are worries about the pipeline capacity constraints in the Permian, which compels the company to sell its products at a discounted rate. During the second quarter of 2018, the production expenses increased from the prior year period by over 83%. If this trend continues, it will affect the company’s profitability." (11/14/2018)
- 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?
News articles about PXD stock have trended positive this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. 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 coverage optimism score of 3.0 on InfoTrie's scale. They also assigned news coverage about the oil and gas development company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near future.
Who are some of Pioneer Natural Resources' key competitors?
Some companies that are related to Pioneer Natural Resources include PETROLEO BRASIL/ADR (PBR), PETROLEO BRASIL/S (PBR.A), CNOOC (CEO), ENI (E), EOG Resources (EOG), Occidental Petroleum (OXY), Ecopetrol (EC), Canadian Natural Resource (CNQ), The Hong Kong and China Gas (HOKCY), Anadarko Petroleum (APC), Concho Resources (CXO), WOODSIDE Pet Lt/ADR (WOPEY), Sasol (SSL), Continental Resources (CLR) and Marathon Oil (MRO).
Who are Pioneer Natural Resources' key executives?
Pioneer Natural Resources' management team includes the folowing people:
- Mr. Timothy L. Dove, Pres, CEO & Director (Age 61)
- Mr. Richard P. Dealy, Exec. VP & CFO (Age 52)
- Mr. Chris J. Cheatwood, Exec. VP & Chief Technology Officer (Age 57)
- Mr. Mark S. Berg, Exec. VP of Corp./Vertically Integrated Operations (Age 59)
- Mr. Jerome D. Hall Jr., Exec. VP of Permian Operations (Age 52)
Who are Pioneer Natural Resources' major shareholders?
Pioneer Natural Resources' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.41%), FMR LLC (3.42%), Capital World Investors (2.76%), Capital International Investors (2.64%), Bank of New York Mellon Corp (1.41%) and Neuberger Berman Group LLC (1.15%). 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 Capital World Investors, BlackRock Inc., Prudential Financial Inc., FMR LLC, Putnam Investments LLC, Mitsubishi UFJ Trust & Banking Corp, Wells Fargo & Company MN and Neuberger Berman Group LLC. 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, Margaret Montemayor, Mark H Kleinman, Mark Stephen Berg, Richard P Dealy, Scott D Sheffield, Stephanie D Stewart, Teresa A Fairbrook 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 acquired by a variety of institutional investors in the last quarter, including Capital International Investors, Primecap Management Co. CA, Janus Henderson Group PLC, Caymus Capital Partners L.P., Capital Research Global Investors, Dimensional Fund Advisors LP, Fisher Asset Management LLC and Wexford Capital LP. 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 $157.18.
How big of a company is Pioneer Natural Resources?
Pioneer Natural Resources has a market capitalization of $26.68 billion and generates $5.46 billion in revenue each year. The oil and gas development company earns $833 million in net income (profit) each year or $2.16 on an earnings per share basis. Pioneer Natural Resources employs 3,836 workers across the globe.
What is Pioneer Natural Resources' official website?
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)
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.
