Pioneer Natural Resources - PXD Stock Forecast, Price & News

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pioneer Natural Resources in the last twelve months. There are currently 2 sell ratings, 5 hold ratings, 14 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.

22 Wall Street analysts have issued twelve-month price objectives for Pioneer Natural Resources' shares. Their PXD share price forecasts range from $210.00 to $322.00. On average, they expect the company's stock price to reach $260.26 in the next year. This suggests a possible upside of 31.6% from the stock's current price.
View analysts price targets for PXD or view top-rated stocks among Wall Street analysts.

Pioneer Natural Resources' stock was trading at $228.39 at the beginning of 2023. Since then, PXD stock has decreased by 13.4% and is now trading at $197.77.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our PXD earnings forecast.

Pioneer Natural Resources (NYSE:PXD) issued its earnings results on Wednesday, February, 22nd. The oil and gas development company reported $5.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.83 by $0.08. The oil and gas development company had revenue of $5.11 billion for the quarter, compared to the consensus estimate of $5.59 billion. Pioneer Natural Resources had a trailing twelve-month return on equity of 33.15% and a net margin of 32.29%. The firm's quarterly revenue was up 18.3% compared to the same quarter last year. During the same period in the prior year, the business posted $4.58 earnings per share.
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Pioneer Natural Resources declared a quarterly dividend on Wednesday, February 22nd. Stockholders of record on Monday, March 6th will be given a dividend of $5.58 per share on Friday, March 17th. This represents a $22.32 dividend on an annualized basis and a dividend yield of 11.29%. The ex-dividend date is Friday, March 3rd.
Read our dividend analysis for PXD.

ETFs with the largest weight of Pioneer Natural Resources (NYSE:PXD) stock in their portfolio include Invesco Dynamic Energy Exploration & Production ETF (PXE), Pacer US Cash Cows Growth ETF (BUL), iShares U.S. Oil & Gas Exploration & Production ETF (IEO), Invesco S&P 500 Equal Weight Energy ETF (RYE), WBI Power Factor High Dividend ETF (WBIY), Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN), Amplify Natural Resources Dividend Income ETF (NDIV) and First Trust Morningstar Dividend Leaders Index (FDL).

Pioneer Natural Resources (NYSE:PXD) pays an annual dividend of $4.40 per share and currently has a dividend yield of 2.29%. The dividend payout ratio is 14.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PXD will have a dividend payout ratio of 19.12% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PXD.

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.

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).

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

Pioneer Natural Resources' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include T. Rowe Price Investment Management Inc. (1.75%), Geode Capital Management LLC (1.73%), CIBC Private Wealth Group LLC (1.43%), Boston Partners (1.21%), Clearbridge Investments LLC (1.19%) and First Trust Advisors LP (0.83%). Insiders that own company stock include Chris J Cheatwood, Craig A Kuiper, Edison C Buchanan, Frank A Risch, J Kenneth Thompson, Jerome D Hall Jr, Larry R Grillot, Margaret Montemayor, Mark H Kleinman, Mark Stephen Berg, Matthew Gallagher, Neal H Shah, Richard P Dealy, Scott D Sheffield, Stephanie D Stewart and Tyson L Taylor.
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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.
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One share of PXD stock can currently be purchased for approximately $197.77.

Pioneer Natural Resources (NYSE:PXD) has a market capitalization of $46.48 billion and generates $24.29 billion in revenue each year. The oil and gas development company earns $7.85 billion in net income (profit) each year or $31.06 on an earnings per share basis.

The company employs 2,076 workers across the globe.

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.