Pioneer Natural Resources (PXD) Stock Forecast, Price & News

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pioneer Natural Resources in the last year. There are currently 1 sell rating, 5 hold ratings, 14 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PXD shares.
View PXD analyst ratings or view top-rated stocks.

21 brokers have issued 1 year target prices for Pioneer Natural Resources' stock. Their PXD share price forecasts range from $210.00 to $315.00. On average, they expect the company's stock price to reach $257.05 in the next twelve months. This suggests a possible upside of 8.6% from the stock's current price.
View analysts price targets for PXD or view top-rated stocks among Wall Street analysts.

Pioneer Natural Resources' stock was trading at $228.39 at the beginning of 2023. Since then, PXD shares have increased by 3.7% and is now trading at $236.76.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our PXD earnings forecast.

Pioneer Natural Resources (NYSE:PXD) released its quarterly earnings results on Wednesday, April, 26th. The oil and gas development company reported $5.21 earnings per share for the quarter, beating the consensus estimate of $4.90 by $0.31. The oil and gas development company earned $4.54 billion during the quarter, compared to analyst estimates of $4.98 billion. Pioneer Natural Resources had a trailing twelve-month return on equity of 25.53% and a net margin of 28.46%. The firm's revenue was down 26.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $7.74 earnings per share.
Read the conference call transcript.

Pioneer Natural Resources announced a quarterly dividend on Tuesday, August 1st. Shareholders of record on Wednesday, September 6th will be paid a dividend of $1.84 per share on Thursday, September 21st. This represents a $7.36 dividend on an annualized basis and a dividend yield of 3.11%. The ex-dividend date of this dividend is Tuesday, September 5th.
Read our dividend analysis for PXD.

ETFs with the largest weight of Pioneer Natural Resources (NYSE:PXD) stock in their portfolio include WBI Power Factor High Dividend ETF (WBIY), iShares U.S. Oil & Gas Exploration & Production ETF (IEO), Pacer US Cash Cows Growth ETF (BUL), Invesco S&P 500 Equal Weight Energy ETF (RSPG), Invesco S&P 500 Equal Weight Energy ETF (RYE), First Trust Nasdaq Oil & Gas ETF (FTXN), Energy Select Sector SPDR Fund (XLE) and Horizon Kinetics Energy and Remediation ETF (NVIR).

Pioneer Natural Resources (NYSE:PXD) pays an annual dividend of $5.00 per share and currently has a dividend yield of 2.11%. The dividend payout ratio is 21.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PXD will have a dividend payout ratio of 22.77% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PXD.

41 employees have rated Pioneer Natural Resources Chief Executive Officer Scott Sheffield on Glassdoor.com. Scott Sheffield has an approval rating of 86% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Pioneer Natural Resources investors own include NVIDIA (NVDA), Intel (INTC), Alibaba Group (BABA), JPMorgan Chase & Co. (JPM), Micron Technology (MU), Boeing (BA), Bank of America (BAC), Home Depot (HD), Walt Disney (DIS) and Netflix (NFLX).

Pioneer Natural Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "PXD."

Pioneer Natural Resources' stock is owned by a variety of retail and institutional investors. Top institutional investors include Bank Julius Baer & Co. Ltd Zurich (12.84%), Capital International Investors (3.65%), Capital World Investors (2.41%), Geode Capital Management LLC (1.87%), Clearbridge Investments LLC (1.30%) and Northern Trust Corp (1.05%). Insiders that own company stock include Chris J Cheatwood, Edison C Buchanan, Frank A Risch, J Kenneth Thompson, Jerome D Hall Jr, Larry R Grillot, Margaret Montemayor, Mark H Kleinman, Mark Stephen Berg, Matthew Gallagher, Neal H Shah, Richard P Dealy, Scott D Sheffield and Tyson L Taylor.
View institutional ownership trends.

Shares of PXD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of PXD stock can currently be purchased for approximately $236.76.

Pioneer Natural Resources (NYSE:PXD) has a market capitalization of $55.20 billion and generates $24.29 billion in revenue each year. The oil and gas development company earns $7.85 billion in net income (profit) each year or $23.46 on an earnings per share basis.

The company employs 2,076 workers across the globe.

Pioneer Natural Resources' mailing address is 777 Hidden Ridge, Irving TX, 75038. The official website for the company is www.pxd.com. The oil and gas development company can be reached via phone at (972) 444-9001, via email at neal.shah@pxd.com, or via fax at 972-402-7023.