Pioneer Natural Resources (NYSE:PXD)‘s stock had its “neutral” rating reiterated by investment analysts at Susquehanna Bancshares in a research note issued on Wednesday.

Several other analysts have also commented on the stock. UBS Group lowered shares of Pioneer Natural Resources from a “positive” rating to a “neutral” rating in a research report on Wednesday. Mizuho set a $202.00 price target on shares of Pioneer Natural Resources and gave the company a “buy” rating in a research report on Tuesday. BMO Capital Markets restated a “buy” rating and set a $225.00 price target on shares of Pioneer Natural Resources in a research report on Thursday, January 11th. Piper Jaffray Companies restated a “buy” rating and set a $207.00 price target on shares of Pioneer Natural Resources in a research report on Tuesday, January 9th. Finally, JPMorgan Chase & Co. set a $185.00 price target on shares of Pioneer Natural Resources and gave the company a “buy” rating in a research report on Wednesday, January 3rd. Two analysts have rated the stock with a sell rating, five have issued a hold rating and twenty-five have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $194.26.

Shares of Pioneer Natural Resources (NYSE PXD) opened at $182.51 on Wednesday. The company has a market cap of $31,676.27, a price-to-earnings ratio of 253.49, a P/E/G ratio of 4.81 and a beta of 0.97. The company has a current ratio of 1.69, a quick ratio of 1.58 and a debt-to-equity ratio of 0.22. Pioneer Natural Resources has a 52-week low of $125.46 and a 52-week high of $199.83.

Pioneer Natural Resources (NYSE:PXD) last released its quarterly earnings results on Wednesday, November 1st. The oil and gas development company reported $0.48 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.30 by $0.18. The company had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.15 billion. Pioneer Natural Resources had a net margin of 2.17% and a return on equity of 2.34%. The firm’s revenue was up 23.1% on a year-over-year basis. During the same quarter last year, the business earned $0.13 earnings per share. equities analysts expect that Pioneer Natural Resources will post 1.64 EPS for the current year.

In other news, Director Larry R. Grillot sold 200 shares of the firm’s stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $159.35, for a total value of $31,870.00. Following the transaction, the director now directly owns 7,097 shares of the company’s stock, valued at $1,130,906.95. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Jerome D. Hall, Jr. sold 1,800 shares of the firm’s stock in a transaction dated Wednesday, December 27th. The stock was sold at an average price of $172.60, for a total transaction of $310,680.00. Following the completion of the transaction, the executive vice president now directly owns 22,964 shares in the company, valued at $3,963,586.40. The disclosure for this sale can be found here. Over the last three months, insiders sold 42,916 shares of company stock worth $6,976,992. Insiders own 0.89% of the company’s stock.

A number of hedge funds have recently modified their holdings of PXD. Oppenheimer Asset Management Inc. raised its stake in Pioneer Natural Resources by 40.4% during the second quarter. Oppenheimer Asset Management Inc. now owns 1,289 shares of the oil and gas development company’s stock worth $206,000 after purchasing an additional 371 shares during the period. Commonwealth Bank of Australia raised its stake in Pioneer Natural Resources by 10.8% during 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 during the period. Raymond James Trust N.A. raised its stake in Pioneer Natural Resources by 38.0% during the second quarter. Raymond James Trust N.A. now owns 1,678 shares of the oil and gas development company’s stock worth $268,000 after purchasing an additional 462 shares during the period. Stevens Capital Management LP raised its stake in Pioneer Natural Resources by 27.4% during the second quarter. Stevens Capital Management LP now owns 17,586 shares of the oil and gas development company’s stock worth $2,806,000 after purchasing an additional 3,786 shares during the period. Finally, ProShare Advisors LLC raised its stake in Pioneer Natural Resources by 1.1% during the second quarter. ProShare Advisors LLC now owns 33,807 shares of the oil and gas development company’s stock worth $5,395,000 after purchasing an additional 373 shares during the period. 90.77% of the stock is currently owned by institutional investors.

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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.

Analyst Recommendations for Pioneer Natural Resources (NYSE:PXD)

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