Shares of Pioneer Natural Resources (NYSE:PXD) have received an average rating of “Buy” from the thirty-two ratings firms that are presently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and twenty-five have assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $196.11.

A number of equities analysts have commented on the stock. Cowen set a $225.00 price objective on shares of Pioneer Natural Resources and gave the stock a “buy” rating in a report on Thursday, January 18th. Zacks Investment Research upgraded shares of Pioneer Natural Resources from a “hold” rating to a “buy” rating and set a $169.00 target price on the stock in a research note on Wednesday, October 11th. Barclays upped their target price 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. Jefferies Group restated a “buy” rating and issued a $180.00 target price on shares of Pioneer Natural Resources in a research note on Tuesday, October 10th. Finally, Mizuho restated a “buy” rating and issued a $196.00 target price on shares of Pioneer Natural Resources in a research note on Friday, November 3rd.

Shares of Pioneer Natural Resources (PXD) traded up $3.13 during mid-day trading on Friday, reaching $186.30. 1,656,800 shares of the company’s stock were exchanged, compared to its average volume of 1,703,971. Pioneer Natural Resources has a 52-week low of $125.46 and a 52-week high of $199.83. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.69 and a quick ratio of 1.58. The firm has a market cap of $31,640.00, a price-to-earnings ratio of 255.21, a P/E/G ratio of 4.37 and a beta of 0.97.

Pioneer Natural Resources (NYSE:PXD) last issued 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. Pioneer Natural Resources had a net margin of 2.17% and a return on equity of 2.34%. The firm had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the previous year, the business posted $0.13 EPS. The firm’s revenue was up 23.1% compared to the same quarter last year. research analysts predict that Pioneer Natural Resources will post 1.65 EPS for the current fiscal year.

In other Pioneer Natural Resources news, CEO Timothy L. Dove sold 5,560 shares of the company’s stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $160.66, for a total value of $893,269.60. Following the completion of the transaction, the chief executive officer now owns 260,083 shares in the company, valued at approximately $41,784,934.78. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Timothy L. Dove sold 1,000 shares of the company’s stock in a transaction dated Tuesday, December 12th. The stock was sold at an average price of $159.51, for a total transaction of $159,510.00. Following the completion of the transaction, the chief executive officer now owns 259,083 shares of the company’s stock, valued at approximately $41,326,329.33. The disclosure for this sale can be found here. In the last quarter, insiders have sold 42,916 shares of company stock worth $6,976,992. 0.89% of the stock is owned by company insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Nordea Investment Management AB grew its position in Pioneer Natural Resources by 0.5% in the 2nd quarter. Nordea Investment Management AB now owns 8,003 shares of the oil and gas development company’s stock worth $1,277,000 after purchasing an additional 41 shares during the last quarter. FTB Advisors Inc. grew its position in Pioneer Natural Resources by 1.7% in the 2nd quarter. FTB Advisors Inc. now owns 2,646 shares of the oil and gas development company’s stock worth $402,000 after purchasing an additional 43 shares during the last quarter. Dana Investment Advisors Inc. grew its position in Pioneer Natural Resources by 1.1% in the 2nd quarter. Dana Investment Advisors Inc. now owns 7,426 shares of the oil and gas development company’s stock worth $1,185,000 after purchasing an additional 84 shares during the last quarter. Salem Investment Counselors Inc. grew its position in Pioneer Natural Resources by 2.3% in the 2nd quarter. Salem Investment Counselors Inc. now owns 4,063 shares of the oil and gas development company’s stock worth $648,000 after purchasing an additional 92 shares during the last quarter. Finally, WFG Advisors LP grew its position in Pioneer Natural Resources by 10.2% in the 2nd 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 during the last quarter. Hedge funds and other institutional investors own 90.81% of the company’s stock.

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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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