Pioneer Natural Resources (PXD) Given News Impact Rating of 0.29
Media headlines about Pioneer Natural Resources (NYSE:PXD) have been trending positive this week, according to Accern Sentiment. The research group scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Pioneer Natural Resources earned a news sentiment score of 0.29 on Accern’s scale. Accern also gave headlines about the oil and gas development company an impact score of 47.0503020281377 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- CNX Resources Offers '18 View, Focuses on Marcellus Shale (finance.yahoo.com)
- PMRG: Dallas-Fort Worth still has one big relocation on the horizon (bizjournals.com)
- SM Energy (SM) to Sell Powder River Basin Assets for $500M (finance.yahoo.com)
- What’s Behind Pioneer Natural Resources Co (PXD)’s 0.15% Movement – SCY News (scynews.com)
- Williams Partners' Transco Pipeline Sets Gas Delivery Record (finance.yahoo.com)
A number of analysts have commented on the stock. Zacks Investment Research raised shares of Pioneer Natural Resources from a “hold” rating to a “buy” rating and set a $169.00 price objective for the company in a research note on Wednesday, October 11th. Jefferies Group reaffirmed a “buy” rating and set a $180.00 price objective on shares of Pioneer Natural Resources in a research note on Tuesday, October 10th. Barclays upped their price objective on shares of Pioneer Natural Resources from $136.00 to $147.00 and gave the company an “overweight” rating in a research note on Wednesday, October 11th. Cowen reaffirmed a “buy” rating and set a $210.00 price objective on shares of Pioneer Natural Resources in a research note on Sunday, September 17th. Finally, Mizuho reiterated a “buy” rating and issued a $196.00 target price on shares of Pioneer Natural Resources in a report on Friday, November 3rd. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and twenty-five have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $192.84.
Pioneer Natural Resources (NYSE:PXD) traded up $0.75 during trading hours on Wednesday, reaching $178.70. The company had a trading volume of 1,414,835 shares, compared to its average volume of 1,742,257. Pioneer Natural Resources has a 12-month low of $125.46 and a 12-month high of $199.83. The firm has a market capitalization of $30,400.00, a P/E ratio of 244.79, a P/E/G ratio of 4.72 and a beta of 0.97. The company has a quick ratio of 1.58, a current ratio of 1.69 and a debt-to-equity ratio of 0.22.
Pioneer Natural Resources (NYSE:PXD) last released its quarterly earnings data on Wednesday, November 1st. The oil and gas development company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.18. The firm had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.15 billion. Pioneer Natural Resources had a negative return on equity of 0.87% and a negative net margin of 1.46%. The firm’s revenue was up 23.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.13 earnings per share. equities analysts predict that Pioneer Natural Resources will post 1.61 earnings per share for the current year.
In other Pioneer Natural Resources news, EVP Kenneth H. Sheffield, Jr. sold 3,250 shares of the company’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $157.57, for a total transaction of $512,102.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Jerome D. Hall, Jr. sold 1,800 shares of the company’s stock in a transaction that occurred on Wednesday, December 27th. The stock was sold at an average price of $172.60, for a total value of $310,680.00. Following the sale, the executive vice president now directly owns 22,964 shares of the company’s stock, valued at approximately $3,963,586.40. The disclosure for this sale can be found here. Insiders have sold 42,916 shares of company stock valued at $6,976,992 in the last ninety days. Company insiders own 0.89% of the company’s stock.
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.
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.