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

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pioneer Natural Resources in the last twelve months. There are currently 2 sell ratings, 5 hold ratings, 15 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" PXD shares.
View PXD analyst ratings or view top-rated stocks.

23 analysts have issued 1 year target prices for Pioneer Natural Resources' stock. Their PXD share price forecasts range from $210.00 to $319.00. On average, they predict the company's stock price to reach $259.55 in the next twelve months. This suggests a possible upside of 28.4% 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 stock has decreased by 11.5% and is now trading at $202.15.
View the best growth stocks for 2023 here.

Pioneer Natural Resources saw a drop in short interest in April. As of April 15th, there was short interest totaling 3,770,000 shares, a drop of 20.8% from the March 31st total of 4,760,000 shares. Based on an average trading volume of 2,730,000 shares, the days-to-cover ratio is currently 1.4 days. Currently, 1.6% of the shares of the company are sold short.
View Pioneer Natural Resources' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our PXD earnings forecast.

Pioneer Natural Resources (NYSE:PXD) announced its quarterly earnings results on Wednesday, April, 26th. The oil and gas development company reported $5.21 earnings per share for the quarter, beating analysts' consensus estimates 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 net margin of 31.15% and a trailing twelve-month return on equity of 30.71%. The firm's revenue was down 26.4% on a year-over-year basis. During the same period in the previous year, the business posted $7.74 EPS.
Read the conference call transcript.

Pioneer Natural Resources declared a quarterly dividend on Wednesday, April 26th. Shareholders of record on Thursday, June 1st will be paid a dividend of $3.34 per share on Wednesday, June 21st. This represents a $13.36 dividend on an annualized basis and a dividend yield of 6.61%. The ex-dividend date is Wednesday, May 31st.
Read our dividend analysis for PXD.

ETFs with the largest weight of Pioneer Natural Resources (NYSE:PXD) stock in their portfolio include Invesco Dynamic Energy Exploration & Production ETF (PXE), AI Powered Equity ETF (AIEQ), Pacer US Cash Cows Growth ETF (BUL), iShares U.S. Oil & Gas Exploration & Production ETF (IEO), WBI Power Factor High Dividend ETF (WBIY), Invesco S&P 500 Equal Weight Energy ETF (RYE), Amplify Natural Resources Dividend Income ETF (NDIV) and First Trust Morningstar Dividend Leaders Index (FDL).

Pioneer Natural Resources (NYSE:PXD) pays an annual dividend of $4.40 per share and currently has a dividend yield of 2.19%. The dividend payout ratio is 15.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PXD will have a dividend payout ratio of 18.86% 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 institutional and retail investors. Top institutional investors include Geode Capital Management LLC (1.86%), Boston Partners (1.14%), Clearbridge Investments LLC (1.09%), Barrow Hanley Mewhinney & Strauss LLC (0.82%), CIBC Private Wealth Group LLC (0.74%) and Dimensional Fund Advisors LP (0.70%). Insiders that own company stock include Chris J Cheatwood, Craig A Kuiper, 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, Stephanie D Stewart 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 $202.15.

Pioneer Natural Resources (NYSE:PXD) has a market capitalization of $47.25 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 $28.21 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.