173.65 -1.20 (-0.69%)
After hours: 5:19PM EDT
|Bid||0.00 x 1400|
|Ask||0.00 x 800|
|Day's Range||172.94 - 178.14|
|52 Week Range||140.31 - 213.40|
|PE Ratio (TTM)||33.93|
|Earnings Date||Nov 6, 2018|
|Forward Dividend & Yield||0.32 (0.19%)|
|1y Target Est||244.82|
This could indicate that investors who seek to profit from falling equity prices are not currently targeting PXD. PXD credit default swap spreads are within the middle of their range for the last three years. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way.
I am writing today to help inform people who are new to the stock market and want to start learning about core concepts of fundamental analysis on practical examples fromRead More...
After enduring a mostly choppy trend in the past few months, investors may consider adding Apache Corporation (NYSE:APA) stock to their portfolio for the rest of the year. Specifically, there are three bullish plays in APA stock that I want to share with you, as each play could lead to impressive profits. On Sept. 13, Apache Corporation, one of the largest U.S. exploration and production (E&P) companies out of Irving, TX, declared its regular cash dividend at a yield of 2%.
"We are going anywhere from 70 to 180 miles to get our sand. And now, depending where you are in the field, it will be 10 miles," the company's chief financial officer said.
Diamondback Energy (FANG) teamed up with private equity firm The Carlyle Group for the development of its assets in the region, while HollyFrontier (HFC) announced a $1 billion share buyback plan.
The weakness in crude oil prices by the end of last week and a slight decline in Permian drilling activity could be the major reasons behind the narrowing of the WTI Cushing-WTI Midland spread. The announcement by Energy Transfer Partners (ETP) to proceed with its plans to construct the PGC (Permian Gulf Coast) pipeline could be another major reason behind the recent fall in the WTI spreads. The PGC pipeline and a few other major pipeline projects are expected to reduce the pipeline constraint in the region in the next two years.
In this week's "Commodity in Chief," Bloomberg's Alix Steel talks with Richard Dealy, the CFO of Pioneer Natural Resources. They discuss how the company is dealing with rising gas-to-oil ratios. ...
Pioneer Natural Resources Company (PXD) (“Pioneer”) and U.S. Silica Holdings, Inc. (SLCA) (“U.S. Silica”) today announced that the companies have entered into a long-term sand supply agreement by which Pioneer will purchase an interest in U.S. Silica’s sand reserves at its Lamesa, Texas, mine in West Texas. This agreement secures a long-term supply of sand from the mine, with U.S. Silica processing and supplying sand to Pioneer for 15 years.
A Houston-based oil field service company plans to use injection wells and enhanced oil recovery methods to boost production on a pair of drilling projects targeting the San Miguel geological formation of South Texas.
The WTI Cushing-WTI Midland spread, a key indicator for Permian producers, saw a steep contraction last week. The spread fell to $14.6 per barrel by the end of the week compared to highs of $17.8 per barrel in the week ending August 31. However, the current spread is still high compared to the previous month’s low of $12 per barrel and the one-year average of $5.0 per barrel.
DEEP DIVE If you ignore the daily warnings that the bull market in U.S. stocks is going to end, and instead look at valuations, you can see something remarkable happening: Stock prices have risen considerably, but price-to-earning valuations have fallen.
Kosmos Energy (KOS) is in sixth place in terms of analysts’ ratings among upstream companies. It’s the only upstream company among the top seven companies in this series that doesn’t have exposure to the Permian Basin. It’s involved in offshore exploration and production with assets in offshore Ghana and Equatorial Guinea.
Upstream companies have been very volatile in recent weeks. That’s due to strong volatility in crude oil and natural gas prices. The SPDR S&P Oil & Gas Exploration & Production ETF (XOP), which includes 56 exploration and production companies, saw a three-month low of $38.80 in August. It recovered significantly by the end of that month. However, most of the gains were eroded in the recent fall.
Between August 29 and September 5, our list of oil-weighted stocks fell 1.2%—just ten basis points below US crude oil October futures’ fall. On average, our list of oil-weighted stocks underperformed US crude oil prices.
Richard Dealy, chief financial officer at Pioneer Natural Resources, discuses capacity constraints and activity in the Permian Basin. He spoke with Bloomberg's Alix Steel at the Barclays Energy Conference ...
Pioneer Natural Resources (PXD) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Pioneer Natural Resources Company today announced its third quarter 2018 earnings news release is scheduled to be issued after the close of trading on the New York Stock Exchange on Tuesday, November 06, 2018.
After swooning in early-August, energy stocks are building up steam again as crude oil prices rebound. Brent prices have jumped by 10% over the past two weeks, pushing the Vanguard Energy ETF (NYSEARCA:VDE) up by over 4% since August 15. Crude exports from Iran are expected to tumble by as much as 1 million barrels […]
Pioneer Natural Resources (PXD), an E&P (exploration and production) company with the majority of its operations in Texas, is in fifth place in terms of least volatile E&P stocks. PXD’s 200-day volatility was 27.5% as of August 29. PXD peers Diamondback Energy (FANG) and Concho Resources (CXO) have a 200-day volatility of 37.1% and 33.0%, respectively. PXD’s lower volatility could be attributed to the company’s strong hedging program and a strong financial position. The company has hedged ~85% of its total Permian acreage in 2018. ...
Pioneer Natural Resources Company announced today that its board of directors declared a cash dividend of $0.16 per share on Pioneer’s outstanding common stock. The dividend is payable October 12, 2018, to stockholders of record at the close of business on September 28, 2018.
On August 22–29, our list of oil-weighted stocks rose 2.4%—at par to US crude oil October futures’ rise. On average, our list of oil-weighted stocks performed the same as US crude oil prices.
Sep.13 -- In this week's "Commodity in Chief," Bloomberg's Alix Steel talks with Richard Dealy, the CFO of Pioneer Natural Resources. They discuss how the company is dealing with rising gas-to-oil ratios.
Sep.06 -- Richard Dealy, chief financial officer at Pioneer Natural Resources, discuses capacity constraints and activity in the Permian Basin. He spoke with Bloomberg's Alix Steel at the Barclays Energy Conference in New York.