Pioneer Natural Resources (NYSE:PXD) SVP Frank E. Hopkins sold 2,000 shares of the company’s stock in a transaction dated Monday, December 18th. The shares were sold at an average price of $160.00, for a total transaction of $320,000.00. Following the completion of the transaction, the senior vice president now owns 38,101 shares in the company, valued at approximately $6,096,160. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Pioneer Natural Resources (NYSE PXD) traded up $0.89 during midday trading on Wednesday, reaching $160.20. 1,318,100 shares of the company’s stock were exchanged, compared to its average volume of 1,827,541. 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 company has a market cap of $27,109.03, a P/E ratio of 111.41, a P/E/G ratio of 10.08 and a beta of 0.97. 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 posted its quarterly earnings data on Wednesday, November 1st. The oil and gas development company reported $0.48 earnings per share (EPS) for the quarter, beating the Zacks’ 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 net margin of 2.17% and a return on equity of 2.34%. The business’s revenue for the quarter was up 23.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.13 EPS. research analysts forecast that Pioneer Natural Resources will post 1.55 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Cadence Capital Management LLC lifted its holdings in shares of Pioneer Natural Resources by 0.5% during the 2nd quarter. Cadence Capital Management LLC now owns 6,003 shares of the oil and gas development company’s stock worth $958,000 after acquiring an additional 30 shares during the period. Nordea Investment Management AB lifted its holdings in shares of Pioneer Natural Resources by 0.5% during 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 acquiring an additional 41 shares during the period. FTB Advisors Inc. lifted its holdings in shares of Pioneer Natural Resources by 1.7% during the 2nd quarter. FTB Advisors Inc. now owns 2,646 shares of the oil and gas development company’s stock worth $402,000 after acquiring an additional 43 shares during the period. Edmond DE Rothschild Holding S.A. lifted its holdings in shares of Pioneer Natural Resources by 0.9% during the 2nd quarter. Edmond DE Rothschild Holding S.A. now owns 5,043 shares of the oil and gas development company’s stock worth $805,000 after acquiring an additional 43 shares during the period. Finally, Intrust Bank NA lifted its holdings in shares of Pioneer Natural Resources by 2.6% during the 2nd quarter. Intrust Bank NA now owns 1,683 shares of the oil and gas development company’s stock worth $269,000 after acquiring an additional 43 shares during the period. 90.69% of the stock is owned by hedge funds and other institutional investors.

A number of research analysts recently commented on the stock. Zacks Investment Research upgraded shares of Pioneer Natural Resources from a “hold” rating to a “buy” rating and set a $180.00 price target on the stock in a research note on Friday, November 10th. Robert W. Baird decreased their price target on shares of Pioneer Natural Resources from $192.00 to $176.00 and set an “outperform” rating on the stock in a research note on Monday. Seaport Global Securities upgraded shares of Pioneer Natural Resources from a “neutral” rating to a “buy” rating in a research note on Tuesday. Credit Suisse Group assumed coverage on shares of Pioneer Natural Resources in a research note on Monday, December 11th. They issued an “outperform” rating and a $192.00 price target on the stock. Finally, Mizuho set a $190.00 price target on shares of Pioneer Natural Resources and gave the company a “buy” rating in a research note on Saturday, November 25th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and twenty-three have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $191.55.

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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.

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

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