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. Since then, PXD shares have increased by 36.0% and is now trading at $95.50. 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 5 hold ratings and 18 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) announced its quarterly earnings data on Wednesday, May, 6th. The oil and gas development company reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.12. The oil and gas development company earned $2.26 billion during the quarter, compared to analysts' expectations of $2.18 billion. Pioneer Natural Resources had a net margin of 7.60% and a return on equity of 10.46%. The business's quarterly revenue was down 6.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.83 EPS. View Pioneer Natural Resources' earnings history.

Pioneer Natural Resources announced a quarterly dividend on Thursday, May 21st. Stockholders of record on Tuesday, June 30th will be paid a dividend of $0.55 per share on Tuesday, July 14th. This represents a $2.20 annualized dividend and a yield of 2.30%. The ex-dividend date is Monday, June 29th. View Pioneer Natural Resources' dividend history.

Pioneer Natural Resources declared that its board has initiated a stock repurchase program on Thursday, December 13th 2018, which authorizes the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 8.4% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

23 brokerages have issued 12-month target prices for Pioneer Natural Resources' shares. Their forecasts range from $63.00 to $202.00. On average, they expect Pioneer Natural Resources' share price to reach $123.40 in the next twelve months. This suggests a possible upside of 29.2% from the stock's current price. View analysts' price targets for Pioneer Natural Resources.

Headlines about PXD stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Pioneer Natural Resources earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave media coverage about the oil and gas development company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about Pioneer Natural Resources.

Pioneer Natural Resources saw a decrease in short interest in the month of June. As of June 15th, there was short interest totaling 5,640,000 shares, a decrease of 6.2% from the May 31st total of 6,010,000 shares. Based on an average daily volume of 3,180,000 shares, the days-to-cover ratio is presently 1.8 days. Approximately 3.5% of the company's stock are short sold. 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), Apache (APA), Marathon Oil (MRO), Noble Energy (NBL), Devon Energy (DVN), WPX Energy (WPX), EQT (EQT), Cimarex Energy (XEC), Range Resources (RRC) and Southwestern Energy (SWN). 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."

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 $95.50.

Pioneer Natural Resources has a market capitalization of $15.74 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]