Pioneer Natural Resources Stock Forecast, Price & 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 (WHO). Since then, PXD shares have increased by 56.7% and is now trading at $110.07.
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22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pioneer Natural Resources in the last year. There are currently 2 hold ratings, 19 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Pioneer Natural Resources or view MarketBeat's top 5 stock picks.

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Pioneer Natural Resources is scheduled to release its next quarterly earnings announcement on Wednesday, February 17th 2021.
View our earnings forecast for Pioneer Natural Resources.

Pioneer Natural Resources (NYSE:PXD) posted its quarterly earnings data on Wednesday, November, 4th. The oil and gas development company reported $0.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.18 by $0.01. The oil and gas development company earned $1.82 billion during the quarter, compared to analysts' expectations of $1.58 billion. Pioneer Natural Resources had a return on equity of 7.20% and a net margin of 5.26%. The company's revenue for the quarter was down 21.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.99 earnings per share.
View Pioneer Natural Resources' earnings history.

Pioneer Natural Resources announced a quarterly dividend on Thursday, November 19th. Shareholders of record on Thursday, December 31st will be paid a dividend of $0.55 per share on Thursday, January 14th. This represents a $2.20 annualized dividend and a yield of 2.00%. The ex-dividend date is Wednesday, December 30th.
View Pioneer Natural Resources' dividend history.

Pioneer Natural Resources announced that its Board of Directors has authorized a stock buyback plan on Thursday, December 13th 2018, which permits the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy up to 8.4% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's management believes its stock is undervalued.

22 Wall Street analysts have issued 12-month price targets for Pioneer Natural Resources' stock. Their forecasts range from $93.00 to $173.00. On average, they anticipate Pioneer Natural Resources' share price to reach $124.52 in the next twelve months. This suggests a possible upside of 13.1% from the stock's current price.
View analysts' price targets for Pioneer Natural Resources.

Pioneer Natural Resources saw a increase in short interest during the month of October. As of October 30th, there was short interest totaling 4,860,000 shares, an increase of 40.5% from the October 15th total of 3,460,000 shares. Based on an average daily trading volume, of 1,830,000 shares, the short-interest ratio is currently 2.7 days. Currently, 3.0% of the shares of the company are short sold.
View Pioneer Natural Resources' Short Interest.

Some companies that are related to Pioneer Natural Resources include ConocoPhillips (COP), EOG Resources (EOG), Concho Resources (CXO), Oasis Petroleum (OAS), Cabot Oil & Gas (COG), Diamondback Energy (FANG), Continental Resources (CLR), Devon Energy (DVN), Apache (APA), Marathon Oil (MRO), WPX Energy (WPX), EQT (EQT), Cimarex Energy (XEC), Range Resources (RRC) and Southwestern Energy (SWN).
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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), The Boeing (BA), Bank of America (BAC), The Home Depot (HD), The 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 number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.79%), State Street Corp (5.97%), Massachusetts Financial Services Co. MA (2.24%), Nuveen Asset Management LLC (1.35%), Manning & Napier Group LLC (0.61%) and CIBC Private Wealth Group LLC (0.58%). Company insiders that own Pioneer Natural Resources stock include Andrew F Cates, Chris J Cheatwood, Christopher M Paulsen, Craig A Kuiper, J Kenneth Thompson, Jerome D Hall Jr, Margaret Montemayor, Mark H Kleinman, Mark Stephen Berg, Stephanie D Stewart 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 BlackRock Inc., Natixis, Vaughan Nelson Investment Management L.P., Neuberger Berman Group LLC, First Trust Advisors LP, DNB Asset Management AS, Hahn Capital Management LLC, and Wells Fargo & Company MN. Company insiders that have sold Pioneer Natural Resources company stock in the last year include Chris J Cheatwood, Christopher M Paulsen, Craig A Kuiper, Jerome D Hall Jr, Margaret Montemayor, Mark H Kleinman, Mark Stephen Berg, and Stephanie D Stewart.
View insider buying and selling activity for Pioneer Natural Resources.

PXD stock was bought by a variety of institutional investors in the last quarter, including AJO LP, Massachusetts Financial Services Co. MA, State of Tennessee Treasury Department, SG Americas Securities LLC, CIBC Private Wealth Group LLC, Nuveen Asset Management LLC, Cubist Systematic Strategies LLC, and Public Employees Retirement Association of Colorado. 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 $110.07.

Pioneer Natural Resources has a market capitalization of $18.10 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]