NYSE:PXDPioneer Natural Resources Stock Price, Forecast & News

Pioneer Natural Resources' stock was trading at $70.24 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PXD stock has increased by 33.4% and is now trading at $93.72. 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 6 hold ratings and 17 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) released its earnings results on Wednesday, May, 6th. The oil and gas development company reported $1.15 EPS for the quarter, beating the Zacks' 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 return on equity of 10.46% and a net margin of 7.60%. Pioneer Natural Resources's revenue was down 6.5% on a year-over-year basis. During the same period in the previous year, the company posted $1.83 earnings per share. View Pioneer Natural Resources' earnings history.

Pioneer Natural Resources announced a quarterly dividend on Thursday, May 21st. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.55 per share on Tuesday, July 14th. This represents a $2.20 annualized dividend and a dividend yield of 2.35%. The ex-dividend date of this dividend is Monday, June 29th. View Pioneer Natural Resources' dividend history.

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

23 equities research analysts have issued 1-year price objectives for Pioneer Natural Resources' stock. Their forecasts range from $63.00 to $202.00. On average, they expect Pioneer Natural Resources' share price to reach $120.90 in the next twelve months. This suggests a possible upside of 29.0% from the stock's current price. View analysts' price targets for Pioneer Natural Resources.

News articles about PXD stock have been trending somewhat negative recently, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Pioneer Natural Resources earned a daily sentiment score of -1.9 on InfoTrie's scale. They also gave press coverage about the oil and gas development company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutPioneer Natural Resources.

Pioneer Natural Resources saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 5,100,000 shares, a decline of 7.3% from the March 31st total of 5,500,000 shares. Based on an average daily trading volume, of 2,830,000 shares, the days-to-cover ratio is currently 1.8 days. Currently, 3.1% of the company's stock are sold short. 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), Noble Energy (NBL), Marathon Oil (MRO), Devon Energy (DVN), Apache (APA), EQT (EQT), WPX Energy (WPX), Cimarex Energy (XEC), Southwestern Energy (SWN) and Range Resources (RRC). 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."

Pioneer Natural Resources' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (9.17%), State Street Corp (5.55%), Capital International Investors (4.53%), Primecap Management Co. CA (3.42%), Clearbridge Investments LLC (2.75%) and Massachusetts Financial Services Co. MA (1.94%). Company insiders that own Pioneer Natural Resources stock include Andrew F Cates, Chris J Cheatwood, Christopher M Paulsen, J Kenneth Thompson, Jerome D Hall Jr, Larry R Grillot, Margaret Montemayor, Mark H Kleinman, Mark Stephen Berg 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 Massachusetts Financial Services Co. MA, USS Investment Management Ltd, Nuveen Asset Management LLC, Van ECK Associates Corp, Primecap Management Co. CA, Swedbank, Abrams Bison Investments LLC, and Vaughan Nelson Investment Management 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 activity for Pioneer Natural Resources.

PXD stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Menora Mivtachim Holdings LTD., State Street Corp, Capital World Investors, Invesco Ltd., Two Sigma Advisers LP, Alyeska Investment Group L.P., and Clearbridge Investments LLC. 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 activity 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 $93.72.

Pioneer Natural Resources has a market capitalization of $15.45 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]