Pioneer Natural Resources Company (NYSE:PXD) Director Stacy P. Methvin bought 100 shares of the firm’s stock in a transaction that occurred on Wednesday, August 9th. The stock was acquired at an average cost of $136.72 per share, with a total value of $13,672.00. Following the transaction, the director now owns 7,568 shares of the company’s stock, valued at approximately $1,034,696.96. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Pioneer Natural Resources Company (NYSE:PXD) traded up 0.13% during trading on Friday, reaching $135.43. 212,275 shares of the company’s stock traded hands. The stock has a market cap of $23.04 billion, a price-to-earnings ratio of 136.66 and a beta of 0.91. Pioneer Natural Resources Company has a 52-week low of $128.50 and a 52-week high of $199.83. The company’s 50 day moving average is $155.21 and its 200-day moving average is $173.04.

Pioneer Natural Resources (NYSE:PXD) last announced its earnings results on Tuesday, August 1st. The oil and gas development company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.10. The business had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.06 billion. Pioneer Natural Resources had a net margin of 3.10% and a return on equity of 1.79%. Pioneer Natural Resources’s quarterly revenue was up 107.4% on a year-over-year basis. During the same period last year, the firm posted ($0.22) earnings per share. On average, analysts anticipate that Pioneer Natural Resources Company will post $1.13 earnings per share for the current fiscal year.

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A number of large investors have recently made changes to their positions in the stock. BlackRock Inc. boosted its position in shares of Pioneer Natural Resources by 2,397.3% in the first quarter. BlackRock Inc. now owns 11,376,848 shares of the oil and gas development company’s stock worth $2,118,708,000 after buying an additional 10,921,279 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of Pioneer Natural Resources by 706.3% in the second quarter. Ameriprise Financial Inc. now owns 2,006,435 shares of the oil and gas development company’s stock valued at $319,475,000 after buying an additional 1,757,576 shares in the last quarter. Boston Partners purchased a new position in shares of Pioneer Natural Resources during the first quarter valued at about $274,976,000. FMR LLC boosted its position in shares of Pioneer Natural Resources by 18.3% in the first quarter. FMR LLC now owns 8,424,493 shares of the oil and gas development company’s stock valued at $1,568,894,000 after buying an additional 1,304,274 shares in the last quarter. Finally, Swedbank purchased a new position in shares of Pioneer Natural Resources during the first quarter valued at about $172,313,000. 92.62% of the stock is currently owned by institutional investors and hedge funds.

A number of research analysts recently weighed in on the stock. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $230.00 target price on shares of Pioneer Natural Resources in a research report on Tuesday, April 25th. Jefferies Group LLC set a $243.00 target price on shares of Pioneer Natural Resources and gave the company a “buy” rating in a research report on Wednesday, May 17th. Barclays PLC reaffirmed a “buy” rating and issued a $196.00 target price (down previously from $204.00) on shares of Pioneer Natural Resources in a research report on Thursday, April 20th. KLR Group raised their target price on shares of Pioneer Natural Resources from $234.00 to $240.00 and gave the company a “buy” rating in a research report on Tuesday, May 9th. Finally, Scotiabank reaffirmed a “buy” rating and issued a $245.00 target price on shares of Pioneer Natural Resources in a research report on Monday, May 15th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and twenty have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $211.90.

Pioneer Natural Resources Company Profile

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)

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