Pioneer Natural Resources (NYSE:PXD) EVP Mark Stephen Berg sold 2,000 shares of Pioneer Natural Resources stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $157.85, for a total value of $315,700.00. Following the sale, the executive vice president now owns 46,719 shares of the company’s stock, valued at $7,374,594.15. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Mark Stephen Berg also recently made the following trade(s):

  • On Thursday, November 30th, Mark Stephen Berg sold 2,000 shares of Pioneer Natural Resources stock. The stock was sold at an average price of $154.47, for a total value of $308,940.00.
  • On Thursday, November 9th, Mark Stephen Berg sold 2,000 shares of Pioneer Natural Resources stock. The stock was sold at an average price of $160.79, for a total value of $321,580.00.

Shares of Pioneer Natural Resources (PXD) opened at $155.83 on Friday. The company has a quick ratio of 1.58, a current ratio of 1.69 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $26,516.81, a PE ratio of 108.97, a P/E/G ratio of 9.86 and a beta of 0.97. Pioneer Natural Resources has a fifty-two week low of $125.46 and a fifty-two week high of $199.83.

Pioneer Natural Resources (NYSE:PXD) last released its quarterly earnings data on Wednesday, November 1st. The oil and gas development company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.18. The firm had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.15 billion. Pioneer Natural Resources had a return on equity of 2.34% and a net margin of 2.17%. The firm’s quarterly revenue was up 23.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.13 earnings per share. research analysts anticipate that Pioneer Natural Resources will post 1.55 EPS for the current fiscal year.

PXD has been the subject of several research analyst reports. Morgan Stanley decreased their target price on Pioneer Natural Resources from $202.00 to $197.00 and set an “overweight” rating for the company in a research report on Wednesday, October 18th. Mizuho reiterated a “buy” rating and set a $196.00 target price on shares of Pioneer Natural Resources in a research report on Friday, September 29th. Zacks Investment Research upgraded Pioneer Natural Resources from a “hold” rating to a “buy” rating and set a $169.00 target price for the company in a research report on Wednesday, October 11th. Jefferies Group lifted their target price on Pioneer Natural Resources from $180.00 to $190.00 and gave the stock a “buy” rating in a research report on Friday, November 3rd. Finally, Barclays lifted their target price on Pioneer Natural Resources from $136.00 to $147.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 11th. One research analyst has rated the stock with a sell rating, four have given a hold rating and twenty-two have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $192.20.

Several hedge funds have recently added to or reduced their stakes in the stock. GWM Advisors LLC bought a new position in Pioneer Natural Resources in the second quarter worth about $100,000. Commonwealth Bank of Australia raised its holdings in Pioneer Natural Resources by 10.8% in the second quarter. Commonwealth Bank of Australia now owns 690 shares of the oil and gas development company’s stock worth $108,000 after purchasing an additional 67 shares in the last quarter. BDO Wealth Advisors LLC bought a new position in Pioneer Natural Resources in the second quarter worth about $120,000. WFG Advisors LP raised its holdings in Pioneer Natural Resources by 10.2% in the second quarter. WFG Advisors LP now owns 1,102 shares of the oil and gas development company’s stock worth $176,000 after purchasing an additional 102 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC bought a new position in Pioneer Natural Resources in the third quarter worth about $176,000. Hedge funds and other institutional investors own 90.90% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Mark Stephen Berg Sells 2,000 Shares of Pioneer Natural Resources (PXD) Stock” was posted by Watch List News and is owned by of Watch List News. If you are reading this news story on another website, it was illegally stolen and reposted in violation of U.S. and international trademark & copyright law. The legal version of this news story can be read at https://www.watchlistnews.com/mark-stephen-berg-sells-2000-shares-of-pioneer-natural-resources-pxd-stock/1769505.html.

About Pioneer Natural Resources

Pioneer Natural Resources Company is an oil and gas exploration and production company. The Company explores for, develops and produces oil, natural gas liquids (NGLs) and gas within the United States, with operations primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeast Colorado and the West Panhandle field in the Texas Panhandle.

Insider Buying and Selling by Quarter for Pioneer Natural Resources (NYSE:PXD)

Receive News & Ratings for Pioneer Natural Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pioneer Natural Resources and related companies with Analyst Ratings Network's FREE daily email newsletter.