Pioneer Natural Resources - PXD Stock Forecast, Price & News

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pioneer Natural Resources in the last twelve months. There are currently 3 sell ratings, 7 hold ratings, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" PXD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PXD, but not buy additional shares or sell existing shares.
View PXD analyst ratings or view top-rated stocks.

20 Wall Street analysts have issued 12-month target prices for Pioneer Natural Resources' stock. Their PXD share price forecasts range from $225.00 to $347.00. On average, they expect the company's share price to reach $274.39 in the next year. This suggests a possible upside of 17.1% 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 the year. Since then, PXD stock has increased by 2.6% and is now trading at $234.39.
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Pioneer Natural Resources saw a drop in short interest during the month of December. As of December 15th, there was short interest totaling 5,340,000 shares, a drop of 17.2% from the November 30th total of 6,450,000 shares. Based on an average trading volume of 2,330,000 shares, the short-interest ratio is currently 2.3 days. Approximately 2.3% of the shares of the company are short sold.
View Pioneer Natural Resources' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
View our PXD earnings forecast.

Pioneer Natural Resources will be holding an earnings conference call on Thursday, February 23rd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 866-583-1035 with passcode "1963876".

Pioneer Natural Resources (NYSE:PXD) released its quarterly earnings results on Wednesday, November, 3rd. The oil and gas development company reported $4.13 earnings per share for the quarter, topping analysts' consensus estimates of $3.87 by $0.26. The oil and gas development company had revenue of $4.46 billion for the quarter, compared to the consensus estimate of $4.50 billion. Pioneer Natural Resources had a trailing twelve-month return on equity of 31.82% and a net margin of 30.33%. During the same period in the prior year, the firm earned $0.17 EPS.
Read the conference call transcript.

Pioneer Natural Resources announced a quarterly dividend on Thursday, October 27th. Shareholders of record on Wednesday, November 30th will be paid a dividend of $5.71 per share on Thursday, December 15th. This represents a $22.84 annualized dividend and a dividend yield of 9.74%. The ex-dividend date is Tuesday, November 29th.
Read our dividend analysis for PXD.

Pioneer Natural Resources (NYSE:PXD) pays an annual dividend of $4.40 per share and currently has a dividend yield of 1.86%. The dividend payout ratio is 15.69%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PXD will have a dividend payout ratio of 18.34% 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 institutional and retail investors. Top institutional shareholders include Yacktman Asset Management LP (0.30%), Natixis Advisors L.P. (0.25%), DAVENPORT & Co LLC (0.20%), Congress Asset Management Co. MA (0.20%), New York State Teachers Retirement System (0.10%) and Fifth Third Bancorp (0.09%). 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 $234.39.

Pioneer Natural Resources (NYSE:PXD) has a market capitalization of $56.71 billion and generates $14.64 billion in revenue each year. The oil and gas development company earns $2.12 billion in net income (profit) each year or $28.05 on an earnings per share basis.

The company employs 1,932 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.