News articles about Pioneer Natural Resources (NYSE:PXD) have been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Pioneer Natural Resources earned a news sentiment score of 0.10 on Accern’s scale. Accern also assigned news stories about the oil and gas development company an impact score of 46.953723418809 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment’s rankings:
- Insider Selling: Pioneer Natural Resources (PXD) CEO Sells 1,000 Shares of Stock (americanbankingnews.com)
- Pioneer Natural Resources: A Low-Leverage Upstream Company (finance.yahoo.com)
- MRO’s Possible Trading Range for the Week Ending December 15 (marketrealist.com)
- Stock Traders Purchase Large Volume of Pioneer Natural Resources Put Options (PXD) (americanbankingnews.com)
- Should You Buy Pioneer Natural Resources Company (PXD) Now? (finance.yahoo.com)
Shares of Pioneer Natural Resources (PXD) traded down $1.93 during trading hours on Wednesday, reaching $157.06. 944,133 shares of the company traded hands, compared to its average volume of 1,834,845. The company has a market cap of $26,720.00, a P/E ratio of 110.96, a price-to-earnings-growth ratio of 10.14 and a beta of 0.97. Pioneer Natural Resources has a one year low of $125.46 and a one year 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.
Pioneer Natural Resources (NYSE:PXD) last issued its quarterly earnings results on Wednesday, November 1st. The oil and gas development company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.30 by $0.18. The company had revenue of $1.46 billion for 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 firm’s revenue was up 23.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.13 EPS. analysts predict that Pioneer Natural Resources will post 1.53 earnings per share for the current fiscal year.
A number of analysts have issued reports on PXD shares. Zacks Investment Research upgraded shares of Pioneer Natural Resources from a “hold” rating to a “buy” rating and set a $169.00 price target on the stock in a report on Wednesday, October 11th. BMO Capital Markets set a $200.00 target price on shares of Pioneer Natural Resources and gave the stock a “buy” rating in a report on Tuesday, October 10th. Jefferies Group restated a “buy” rating and issued a $180.00 target price on shares of Pioneer Natural Resources in a report on Tuesday, October 10th. Stifel Nicolaus set a $248.00 target price on shares of Pioneer Natural Resources and gave the stock a “buy” rating in a report on Thursday, October 5th. Finally, Mizuho restated a “buy” rating and issued a $196.00 target price on shares of Pioneer Natural Resources in a report on Friday, September 29th. One analyst has rated the stock with a sell rating, five have given a hold rating and twenty-one have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $192.37.
In other Pioneer Natural Resources news, EVP Mark Stephen Berg sold 2,000 shares of the business’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $154.47, for a total value of $308,940.00. Following the completion of the sale, the executive vice president now directly owns 48,719 shares of the company’s stock, valued at approximately $7,525,623.93. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Kenneth H. Sheffield, Jr. sold 3,250 shares of the business’s stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $157.57, for a total transaction of $512,102.50. The disclosure for this sale can be found here. Insiders have sold a total of 23,392 shares of company stock worth $3,721,297 over the last quarter. 0.89% of the stock is currently owned by insiders.
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.
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