Pioneer Natural Resources (NYSE:PXD) will be releasing its earnings data after the market closes on Tuesday, February 6th. Analysts expect Pioneer Natural Resources to post earnings of $0.59 per share for the quarter.
Shares of Pioneer Natural Resources (PXD) opened at $178.74 on Monday. Pioneer Natural Resources has a 52 week low of $125.46 and a 52 week high of $199.83. The firm has a market capitalization of $30,420.00, a P/E ratio of 244.85, a P/E/G ratio of 3.95 and a beta of 0.92. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.58 and a current ratio of 1.69.
In other news, EVP Mark Stephen Berg sold 2,000 shares of the stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $154.47, for a total value of $308,940.00. Following the completion of the transaction, the executive vice president now directly owns 48,719 shares of the company’s stock, valued at approximately $7,525,623.93. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Timothy L. Dove sold 5,560 shares of the stock in a transaction that occurred on Thursday, November 9th. The stock was 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 directly owns 260,083 shares of the company’s stock, valued at $41,784,934.78. The disclosure for this sale can be found here. Over the last three months, insiders sold 39,666 shares of company stock valued at $6,464,889. 0.89% of the stock is currently owned by insiders.
Several equities analysts have commented on the company. Wolfe Research raised Pioneer Natural Resources from a “market perform” rating to an “outperform” rating in a report on Tuesday, January 30th. Stifel Nicolaus set a $260.00 price target on Pioneer Natural Resources and gave the company a “buy” rating in a report on Tuesday, January 30th. Morgan Stanley upped their price target on Pioneer Natural Resources from $197.00 to $229.00 and gave the company an “overweight” rating in a report on Wednesday, January 24th. Credit Suisse Group set a $218.00 price target on Pioneer Natural Resources and gave the company a “buy” rating in a report on Tuesday, January 23rd. They noted that the move was a valuation call. Finally, KeyCorp set a $195.00 price target on Pioneer Natural Resources and gave the company a “buy” rating in a report on Sunday, January 21st. Two analysts have rated the stock with a sell rating, four have given a hold rating and twenty-five have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $197.80.
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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.
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