Pioneer Natural Resources Co. (NYSE:PXD) – Analysts at KeyCorp issued their FY2018 EPS estimates for shares of Pioneer Natural Resources in a research note issued to investors on Tuesday. KeyCorp analyst D. Deckelbaum expects that the firm will post earnings of $4.90 per share for the year. KeyCorp has a “Overweight” rating and a $215.00 price objective on the stock.

Pioneer Natural Resources (NYSE:PXD) last released its quarterly earnings data on Tuesday, November 1st. The oil and gas development company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.16 by $0.03. Pioneer Natural Resources had a negative net margin of 30.45% and a negative return on equity of 1.49%. The company earned $1.19 billion during the quarter, compared to analysts’ expectations of $1.03 billion. During the same period last year, the business earned ($0.01) earnings per share. The company’s revenue for the quarter was down 47.0% compared to the same quarter last year.

Earnings History and Estimates for Pioneer Natural Resources (NYSE:PXD)

A number of other research analysts also recently commented on the stock. TheStreet raised shares of Pioneer Natural Resources from a “sell” rating to a “hold” rating in a research report on Friday, November 4th. Jefferies Group reiterated a “buy” rating and issued a $206.00 price objective on shares of Pioneer Natural Resources in a research note on Wednesday, October 19th. Wunderlich lifted their price objective on shares of Pioneer Natural Resources from $182.00 to $207.00 and gave the stock a “buy” rating in a research note on Monday, October 10th. Mizuho began coverage on shares of Pioneer Natural Resources in a research note on Wednesday, October 5th. They issued a “neutral” rating and a $196.00 price objective for the company. Finally, Mitsubishi UFJ Financial Group assumed coverage on shares of Pioneer Natural Resources in a research note on Thursday, September 8th. They issued a “neutral” rating and a $200.00 price objective for the company. One investment analyst has rated the stock with a sell rating, five have given a hold rating, thirty-one have issued a buy rating and one has given a strong buy rating to the stock. Pioneer Natural Resources presently has a consensus rating of “Buy” and a consensus price target of $182.65.

Pioneer Natural Resources (NYSE:PXD) traded up 1.10% on Wednesday, reaching $185.11. The company’s stock had a trading volume of 932,222 shares. The company’s market capitalization is $31.42 billion. The stock has a 50 day moving average price of $181.81 and a 200-day moving average price of $170.54. Pioneer Natural Resources has a 1-year low of $103.50 and a 1-year high of $193.39.

In other news, COO Timothy L. Dove sold 57,363 shares of the company’s stock in a transaction dated Tuesday, September 20th. The shares were sold at an average price of $176.29, for a total transaction of $10,112,523.27. Following the completion of the sale, the chief operating officer now owns 289,693 shares of the company’s stock, valued at approximately $51,069,978.97. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Frank A. Risch sold 500 shares of the company’s stock in a transaction dated Thursday, September 29th. The shares were sold at an average price of $185.08, for a total transaction of $92,540.00. Following the sale, the director now directly owns 11,156 shares of the company’s stock, valued at approximately $2,064,752.48. The disclosure for this sale can be found here. 0.92% of the stock is owned by company insiders.

Large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in shares of Pioneer Natural Resources by 1.7% in the second quarter. Vanguard Group Inc. now owns 10,623,670 shares of the oil and gas development company’s stock worth $1,606,405,000 after buying an additional 179,902 shares during the period. State Street Corp increased its position in shares of Pioneer Natural Resources by 1.2% in the second quarter. State Street Corp now owns 9,838,805 shares of the oil and gas development company’s stock worth $1,487,727,000 after buying an additional 121,182 shares during the period. JPMorgan Chase & Co. increased its position in shares of Pioneer Natural Resources by 1.8% in the third quarter. JPMorgan Chase & Co. now owns 9,158,677 shares of the oil and gas development company’s stock worth $1,700,759,000 after buying an additional 166,270 shares during the period. Capital Research Global Investors increased its position in shares of Pioneer Natural Resources by 41.6% in the third quarter. Capital Research Global Investors now owns 7,367,002 shares of the oil and gas development company’s stock worth $1,367,684,000 after buying an additional 2,165,002 shares during the period. Finally, FMR LLC increased its position in shares of Pioneer Natural Resources by 24.7% in the second quarter. FMR LLC now owns 5,712,022 shares of the oil and gas development company’s stock worth $863,716,000 after buying an additional 1,129,791 shares during the period. 94.89% of the stock is owned by hedge funds and other institutional investors.

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Pioneer Natural Resources Company Profile

Pioneer Natural Resources Company is an independent oil and gas exploration and production company with operations in the United States. The Company operates through the oil and gas development, exploration and production segment. The Company focuses on production of oil, natural gas liquid (NGLs) and gas through development drilling, production enhancement activities and acquisitions of producing properties.

5 Day Chart for NYSE:PXD

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