Pioneer Natural Resources (NYSE:PXD)‘s stock had its “neutral” rating reiterated by investment analysts at Susquehanna Bancshares in a research note issued on Wednesday, Marketbeat Ratings reports. They currently have a $207.00 price target on the oil and gas development company’s stock. Susquehanna Bancshares’ target price indicates a potential upside of 13.01% from the company’s previous close.

PXD has been the subject of several other research reports. Zacks Investment Research raised shares of Pioneer Natural Resources from a “hold” rating to a “buy” rating and set a $169.00 price objective for the company in a research report on Wednesday, October 11th. Barclays raised their price objective on shares of Pioneer Natural Resources from $136.00 to $147.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 11th. Jefferies Group reissued a “buy” rating and issued a $180.00 price target on shares of Pioneer Natural Resources in a research report on Tuesday, October 10th. Mizuho reissued a “buy” rating and issued a $196.00 price target on shares of Pioneer Natural Resources in a research report on Friday, November 3rd. Finally, KeyCorp set a $180.00 price target on shares of Pioneer Natural Resources and gave the company a “buy” rating in a research report on Saturday, October 21st. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and twenty-five have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $195.29.

Shares of Pioneer Natural Resources (PXD) traded down $1.21 during mid-day trading on Wednesday, hitting $183.17. 1,668,107 shares of the stock traded hands, compared to its average volume of 1,707,600. The firm has a market cap of $31,160.00, a P/E ratio of 250.92, a price-to-earnings-growth ratio of 4.40 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 current ratio of 1.69, a quick ratio of 1.58 and a debt-to-equity ratio of 0.22.

Pioneer Natural Resources (NYSE:PXD) last announced its quarterly earnings data on Wednesday, November 1st. The oil and gas development company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.30 by $0.18. The company 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 company’s quarterly revenue was up 23.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.13 EPS. equities analysts expect that Pioneer Natural Resources will post 1.64 EPS for the current year.

In other Pioneer Natural Resources news, CEO Timothy L. Dove sold 1,000 shares of the firm’s stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $159.51, for a total transaction of $159,510.00. Following the transaction, the chief executive officer now directly owns 259,083 shares in the company, valued at approximately $41,326,329.33. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Timothy L. Dove sold 5,560 shares of the firm’s stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $160.66, for a total value of $893,269.60. Following the transaction, the chief executive officer now owns 260,083 shares in the company, valued at $41,784,934.78. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 42,916 shares of company stock worth $6,976,992. Company insiders own 0.89% of the company’s stock.

A number of large investors have recently modified their holdings of the business. State of Alaska Department of Revenue lifted its stake in Pioneer Natural Resources by 195.6% during the 4th quarter. State of Alaska Department of Revenue now owns 20,219 shares of the oil and gas development company’s stock valued at $3,493,000 after acquiring an additional 13,380 shares in the last quarter. Fox Run Management L.L.C. bought a new position in Pioneer Natural Resources during the 4th quarter valued at $439,000. Schwab Charles Investment Management Inc. lifted its stake in Pioneer Natural Resources by 2.7% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 581,196 shares of the oil and gas development company’s stock valued at $100,460,000 after acquiring an additional 15,074 shares in the last quarter. Sippican Capital Advisors lifted its stake in Pioneer Natural Resources by 29.6% during the 4th quarter. Sippican Capital Advisors now owns 8,595 shares of the oil and gas development company’s stock valued at $1,486,000 after acquiring an additional 1,961 shares in the last quarter. Finally, Sicart Associates LLC lifted its stake in Pioneer Natural Resources by 15.0% during the 4th quarter. Sicart Associates LLC now owns 39,335 shares of the oil and gas development company’s stock valued at $6,799,000 after acquiring an additional 5,145 shares in the last quarter. Institutional investors and hedge funds own 90.77% of the company’s stock.

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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.

Analyst Recommendations for Pioneer Natural Resources (NYSE:PXD)

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