Pioneer Natural Resources Company (NYSE:PXD) had its price objective hoisted by Barclays PLC from $147.00 to $156.00 in a research report released on Monday. Barclays PLC currently has an overweight rating on the oil and gas development company’s stock.

Other research analysts also recently issued reports about the company. Citigroup Inc. decreased their price objective on Pioneer Natural Resources from $190.00 to $165.00 and set a buy rating for the company in a report on Tuesday, August 15th. Stifel Nicolaus set a $236.00 price objective on Pioneer Natural Resources and gave the stock a buy rating in a report on Tuesday, August 8th. BMO Capital Markets set a $214.00 price objective on Pioneer Natural Resources and gave the stock a buy rating in a report on Tuesday, August 8th. Royal Bank Of Canada reiterated a buy rating on shares of Pioneer Natural Resources in a report on Friday, August 4th. Finally, Cowen and Company reiterated a buy rating and set a $210.00 price objective on shares of Pioneer Natural Resources in a report on Sunday, September 17th. One research analyst has rated the stock with a sell rating, four have given a hold rating and twenty-two have issued a buy rating to the stock. The stock currently has a consensus rating of Buy and an average price target of $194.45.

Pioneer Natural Resources (NYSE PXD) opened at $151.51 on Monday. The company has a current ratio of 1.69, a quick ratio of 1.58 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $25,890.00, a PE ratio of 106.45, a P/E/G ratio of 10.35 and a beta of 0.96. Pioneer Natural Resources has a fifty-two week low of $125.46 and a fifty-two 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, topping the Zacks’ consensus estimate of $0.30 by $0.18. The business had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.15 billion. Pioneer Natural Resources had a return on equity of 2.34% and a net margin of 2.17%. Pioneer Natural Resources’s quarterly revenue was up 23.1% on a year-over-year basis. During the same period last year, the company earned $0.13 earnings per share. analysts anticipate that Pioneer Natural Resources will post 1.44 EPS for the current year.

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In other Pioneer Natural Resources news, CEO Timothy L. Dove sold 5,560 shares of Pioneer Natural Resources stock in a transaction 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 approximately $41,784,934.78. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Scott D. Sheffield sold 5,000 shares of Pioneer Natural Resources stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $161.14, for a total value of $805,700.00. Following the completion of the transaction, the chairman now directly owns 585,466 shares of the company’s stock, valued at $94,341,991.24. The disclosure for this sale can be found here. Insiders sold a total of 18,490 shares of company stock valued at $2,926,897 over the last ninety days. Insiders own 0.89% of the company’s stock.

Several institutional investors have recently bought and sold shares of the company. Atlantic Trust LLC raised its holdings in shares of Pioneer Natural Resources by 22.0% during the 3rd quarter. Atlantic Trust LLC now owns 2,575 shares of the oil and gas development company’s stock worth $380,000 after buying an additional 465 shares in the last quarter. Hahn Capital Management LLC raised its holdings in shares of Pioneer Natural Resources by 0.9% during the 3rd quarter. Hahn Capital Management LLC now owns 184,426 shares of the oil and gas development company’s stock worth $27,210,000 after buying an additional 1,637 shares in the last quarter. IFM Investors Pty Ltd acquired a new position in shares of Pioneer Natural Resources during the 3rd quarter worth $692,000. Dean Investment Associates LLC raised its holdings in shares of Pioneer Natural Resources by 35.6% during the 3rd quarter. Dean Investment Associates LLC now owns 4,701 shares of the oil and gas development company’s stock worth $694,000 after buying an additional 1,235 shares in the last quarter. Finally, Coe Capital Management LLC raised its holdings in shares of Pioneer Natural Resources by 5.6% during the 3rd quarter. Coe Capital Management LLC now owns 8,300 shares of the oil and gas development company’s stock worth $1,225,000 after buying an additional 440 shares in the last quarter. 89.53% of the stock is owned by institutional investors.

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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