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

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

Pioneer Natural Resources announced a quarterly dividend on Wednesday, February 19th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.55 per share on Tuesday, April 14th. This represents a $2.20 annualized dividend and a dividend yield of 1.55%. The ex-dividend date of this dividend is Monday, March 30th. This is a positive change from Pioneer Natural Resources's previous quarterly dividend of $0.44. View Pioneer Natural Resources' Dividend History.

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

Pioneer Natural Resources (NYSE:PXD) released its quarterly earnings data on Wednesday, February, 19th. The oil and gas development company reported $2.36 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $2.12 by $0.24. The oil and gas development company earned $2.64 billion during the quarter, compared to analysts' expectations of $2.48 billion. Pioneer Natural Resources had a return on equity of 11.46% and a net margin of 8.13%. The company's revenue for the quarter was down 1.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.18 earnings per share. View Pioneer Natural Resources' Earnings History.

Pioneer Natural Resources is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Pioneer Natural Resources.

22 brokerages have issued 12-month price targets for Pioneer Natural Resources' stock. Their forecasts range from $150.00 to $205.00. On average, they anticipate Pioneer Natural Resources' share price to reach $176.96 in the next twelve months. This suggests a possible upside of 24.4% from the stock's current price. View Analyst Price Targets for Pioneer Natural Resources.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pioneer Natural Resources in the last year. There are currently 5 hold ratings, 16 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Pioneer Natural Resources.

Media stories about PXD stock have trended negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Pioneer Natural Resources earned a news sentiment score of -2.4 on InfoTrie's scale. They also assigned media headlines 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 impact on the company's share price in the immediate future. View News Stories for Pioneer Natural Resources.

Some companies that are related to Pioneer Natural Resources include ConocoPhillips (COP), EOG Resources (EOG), Concho Resources (CXO), Diamondback Energy (FANG), Apache (APA), Continental Resources (CLR), Noble Energy (NBL), Devon Energy (DVN), Marathon Oil (MRO), Cabot Oil & Gas (COG), WPX Energy (WPX), Cimarex Energy (XEC), Kosmos Energy (KOS), EQT (EQT) and Matador Resources (MTDR).

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

Pioneer Natural Resources' stock is owned by many different of institutional and retail investors. Top institutional investors include State Street Corp (5.07%), Capital International Investors (4.38%), Massachusetts Financial Services Co. MA (2.31%), FMR LLC (1.94%), Bank of New York Mellon Corp (1.62%) and Capital World Investors (1.54%). Company insiders that own Pioneer Natural Resources stock include Andrew F Cates, Chris J Cheatwood, Christopher M Paulsen, 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, Scott D Sheffield, Stephanie D Stewart, Teresa A Fairbrook 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 Boston Partners, SG Americas Securities LLC, Retirement Systems of Alabama, Point72 Asset Management L.P., Bank of Montreal Can, Commerzbank Aktiengesellschaft FI, USS Investment Management Ltd and Alliancebernstein 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 for Pioneer Natural Resources.

PXD stock was acquired by a variety of institutional investors in the last quarter, including Capital World Investors, Massachusetts Financial Services Co. MA, Vaughan Nelson Investment Management L.P., Senator Investment Group LP, Bank of New York Mellon Corp, State Street Corp, FMR LLC and Janus Henderson Group PLC. 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 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 $142.25.

Pioneer Natural Resources has a market capitalization of $23.56 billion and generates $9.30 billion in revenue each year. The oil and gas development company earns $978 million in net income (profit) each year or $8.18 on an earnings per share basis. Pioneer Natural Resources employs 3,177 workers across the globe.View Additional Information About Pioneer Natural Resources.

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

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]