Pioneer Natural Resources Co. (NYSE:PXD) shares traded -0.66% lower at $220.60 on Wall Street last session.
In accordance with the data, 28 analysts cover Pioneer Natural Resources Co. (NYSE:PXD). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $306.00 and a low of $230.00, we find $255.00. Given the previous closing price of $222.07, this indicates a potential upside of 14.83 percent. PXD stock price is now -6.20% away from the 50-day moving average and 1.43% away from the 200-day moving average. The market capitalization of the company currently stands at $51.47B.
It has been rated a hold by 19 analysts and a buy by 7. Brokers who have rated the stock have averaged $257.73 as their price target over the next twelve months.
Insiders disposed of 101,696 shares of company stock worth roughly $22.43 million over the past 1 year. A total of 0.62% of the company’s stock is owned by insiders.
Pioneer Natural Resources Co. (NYSE: PXD) opened at $223.00 on Thursday. During the past 12 months, Pioneer Natural Resources Co. has had a low of $173.60 and a high of $255.63. As of last week, the company has a debt-to-equity ratio of 0.23, a current ratio of 0.85, and a quick ratio of 0.70. The fifty day moving average price for PXD is $236.64 and a two-hundred day moving average price translates $220.53 for the stock.
The latest earnings results from Pioneer Natural Resources Co. (NYSE: PXD) was released for Sep, 2023. According to the Oil & Gas E&P Company, earnings per share came in at $5.83, beating analysts’ expectations of $5.55 by 0.28. This compares to $7.93 EPS in the same period last year. The net profit margin was 26.16% and return on equity was 22.31% for PXD. The company reported revenue of $5.0 billion for the quarter, compared to $6.09 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -17.87 percent. For the current quarter, analysts expect PXD to generate $4.12B in revenue.
Pioneer Natural Resources Co.(PXD) Company Profile
Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company explores for, develops, and produces oil, natural gas liquids (NGLs), and gas. It has operations in the Midland Basin in West Texas. Pioneer Natural Resources Company was founded in 1997 and is headquartered in Irving, Texas.
