PXD - Pioneer Natural Resources Company
| Previous Close | 125.39 |
| Open | 126.14 |
| Bid | 128.00 x 1000 |
| Ask | 137.50 x 1300 |
| Day's Range | 125.79 - 132.27 |
| 52 Week Range | 114.79 - 178.22 |
| Volume | 1,668,978 |
| Avg. Volume | 1,668,386 |
| Market Cap | 21.799B |
| Beta (3Y Monthly) | 1.42 |
| PE Ratio (TTM) | 24.34 |
| EPS (TTM) | 5.36 |
| Earnings Date | Nov 4, 2019 |
| Forward Dividend & Yield | 1.76 (1.40%) |
| Ex-Dividend Date | 2019-09-26 |
| 1y Target Est | 179.71 |
- Simply Wall St.
Pioneer Natural Resources Company (NYSE:PXD) Delivered A Weaker ROE Than Its Industry
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
- American City Business Journals
South Texas Drilling Permit Roundup: Houston company makes first moves after $475M acquisition
The South Texas Drilling Permit Roundup is a weekly review of new drilling permit applications filed with the Railroad Commission of Texas for a 67-county area of South Texas.
- Zacks
Why Pioneer Natural Resources (PXD) Could Beat Earnings Estimates Again
Pioneer Natural Resources (PXD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- Oilprice.com
Oil Jumps on Trade Hopes and Tanker Attack
Oil prices rose on Friday on the back of some positive noises coming out of the trade war negotiations and reports that an Iranian oil tanker had been attacked
- Zacks
Here's Why You Should Hold Pioneer Natural (PXD) Stock Now
Pioneer Natural Resources (PXD) is well positioned for growth on the back of Permian Basin's strength. However, pipeline takeaway constraints and low oil prices are woes.
- Insider Monkey
Is Pioneer Natural Resources Company (PXD) Going to Burn These Hedge Funds?
Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […]
- TheStreet.com
Pioneer Natural Resources Stock Spikes on Upgrade to Buy
Shares of Pioneer Natural Resources gain after the natural gas exploration company receives an upgrade from Mizuho Securities to buy from neutral, as well as a one-year price-target lift of more than 50% from its current levels.
- Zacks
Should Value Investors Pick Pioneer Natural Resources (PXD)?
Let's see if Pioneer Natural Resources (PXD) stock is a good choice for value-oriented investors right now from multiple angles.
- TipRanks
3 “Strong Buy” Oil Stocks with Over 30% Upside
Oil prices continued their near-month-long, post-September 16, post-Saudi Arabian drone attack slide on Tuesday. After falling 5.5% last week, WTI Crude futures closed down 0.3% at $52.46 yesterday, and Brent Crude was off a similar 0.3%, closing at $59.07.The reason, unfortunately, is not that the Middle East has suddenly become a safer place to do business. It hasn't, with a new border war due to break out along the Iraq-Turkey border any day now, and a Saudi response to Iran's (alleged) strike against its oil facilities still pending. Instead, market participants are becoming more anxious about the next round of U.S.-China trade talks later this week, and what a failure of the two superpowers to reach an accommodation might mean for the global economy.Naturally, worries like these are pushing the price of oil stocks down in tandem with oil prices. For example, independent oil and gas exploration and production company Pioneer Natural Resources has lost 16% of its value since the September 16 attacks. Another independent producer, CNX Resources, has lost 20%, while yet a third, WPX Energy, is down 21%.But here's the good news: According to the consensus of Wall Street analysts, all three of these stocks could go back up -- as much as 30%. Let's take a closer look:CNX Resources (CNX)The most heavily leveraged of these three "strong buy" rated oil stocks, CNX Resources boasts a $1.3 billion market capitalization ... and $2.8 billion in debt.Despite all the debt, CNX Resources is a profitable operation, generating more than $300 million in net profit over the last 12 months -- enough to give the stock a trailing P/E ratio of just over 4.2. The stock is not free cash flow positive, however, burning through more than $250 million in cash over the last 12 months.Still, in a note recommending the stock, Jefferies analyst Zach Parham predicted that "a more capital efficient budget than expected in 2020," combined with plans to "hold production flat in 2021" hold out the prospect for CNX generating positive free cash flow in the near future -- which would provide cash CNX could use to pare its debt load.Parham predicts the stock could close out this year with about $85 million in free cash flow -- and grow that number by nearly half, to perhaps $110 million, in 2021. With a $10 price target on the stock, the analyst believes the stock can rise about 40% over the next 12 months. (To watch Parham's track record, click here)"CNX remains one of only two Buy rated gassy E&Ps (along with COG), as we believe CNX can generate growth and FCF in 2020, while also having the potential to bring forward value through asset sales (CNXM GP, CNXM units, remaining midstream assets, CBM, etc)," the analyst concluded.How does Parham's bullish bet weigh in against the Street? It appears the analyst is not the only one enthusiastic on this oil stock, with TipRanks analytics demonstrating CNX as a Strong Buy. Out of 3 analysts polled in the last 3 months, all 3 are bullish on the stock. With a return potential of nearly 36%, the stock’s consensus target price stands at $9.67. (See CNX stock analysis on TipRanks)WPX Energy (WPX) Next on our list today is another three-lettered oil company: WPX. Like CNX, it's a debt-laden company with strong GAAP profits but no free cash flow to speak of -- in fact, WPX burned through nearly a half-billion dollars in cash over the last year. But with a $4.1 billion market capitalization, WPX is a bit bigger, and perhaps a bit better able to manage its debt -- which at $2.1 billion net of cash, is actually a bit lighter than what CNX is carrying around.One bright note on this stock: Last quarter marked the first quarter in more than a year that WPX generated positive free cash flow from its business. It wasn't a lot -- $39 million to be precise -- but it might have been a sign of better times to come.Guggenheim analyst Subash Chandra highlighted positive free cash in Q2 combined with 10% production growth and the prospect of $55-a-barrel oil prices as supporting hopes for consistent cash generation at the company -- beginning with another $56 million generated in Q3. While risk-averse investors might prefer to see the company use some of this cash to begin paying down debt, Chandra believes it's more likely that WPX will deploy its cash as part of "a $400mm stock buyback program" -- which to be sure, would also be a plus for shareholders."The company pushed the maturity wall to 2023 while reducing borrowing costs [...] At $55 oil, we estimate a FCF yield of 9-10% assuming maintenance capex of $900mm next year, with potential upside if WPX can achieve the 15-20% LOE improvements targeted. Markets may worry about Bakken inventory as the play has been the primary oil growth driver. But otherwise WPX has addressed many issues dogging other companies. We expect shares to outperform with our price target upside potential realized if an appetite for 2P resources return," the analyst opined.And as far as target prices go, Chandra is even more optimistic than most other analysts. Whereas the consensus on Wall Street is that WPX will go to $15 over the next year (53% upside), Chandra thinks the shares are worth at least $17 -- which if correct, would mean 73% profits for investors who buy today. (See WPX Energy stock analysis on TipRanks)Pioneer Natural (PXD)Last and far from least, we come to Pioneer Natural -- at $20.6 billion in market cap, by far the biggest of these three oil companies. That's not all that Pioneer stock has to recommend it, though.With only a $1.6 billion debt load (net of cash), Pioneer sports by far the cleanest balance sheet of this bunch, the least leverage, and the lowest level of absolute debt to boot. It's also the only one of these companies in sufficiently fine financial fettle to sustain a regular dividend payment -- 1.4%.Evercore ISI analyst Stephen Richardson, who recommends the stock, praised Pioneer for raising its dividend in its Q2 update -- a report that also featured reductions in general and administrative spending. Like WPX, Richardson noted that Pioneer is conducting a buyback program, having repurchased $200 million worth of stock in the quarter. The analyst liked the fact that after declaring that he "saw value and ... a discount to intrinsic value" in the stock price, Pioneer's board moved quickly to put its money where its mouth was, and scoop up some cheap stock.And speaking of cheap ... Wall Street in general thinks this stock is pretty cheap, too. Predicting the shares will fetch more than $180 12 months from now, the consensus on the Street is that within a year, people buying Pioneer stock at today's prices could be sitting on a 46.5% profit! (See Pioneer Natural stock analysis on TipRanks)
- Zacks
Cenovus (CVE) Hikes Q4 Dividend & Lowers 2019 Capital Budget
Cenovus (CVE) says that its operations, as a whole, are strong enough to generate significant fund flow that will help it lower debt burden.
- Zacks
Permian Oil Producers Steal the Spotlight: 4 Likely Gainers
Permian basin is likely to be the major contributor to America's oil production growth.
- Business Wire
Pioneer Natural Resources Announces Third Quarter 2019 Earnings News Release Date and Conference Call
Pioneer Natural Resources Company today announced its third quarter 2019 earnings news release is scheduled to be issued after the close of trading on the New York Stock Exchange on Monday, November 4, 2019.
- Zacks
Permian, Cana Woodford & Eagle Ford Drillers Lower Oil Rigs
The count of oil rigs in Permian declines for six consecutive weeks.
- Zacks
The Zacks Analyst Blog Highlights: Pioneer Natural Resources, Concho Resources, Callon Petroleum, Parsley Energy and Diamondback Energy
The Zacks Analyst Blog Highlights: Pioneer Natural Resources, Concho Resources, Callon Petroleum, Parsley Energy and Diamondback Energy
- Zacks
Permian Oil Production Growth to Continue: 5 Stocks in Focus
Production from the Permian Basin of Texas and New Mexico is set to climb by 71,000 barrels per day to a record of about 4.485 million barrels per day in October.
- Investopedia
8 Stocks With Biggest Upside Amid Oil Spikes on Middle East Chaos
Equity investors seeking to profit from rising oil prices amid escalating violence in the Middle East should focus on eight energy stocks and suppliers that are uniquely positioned to outperform. Stocks that could see the biggest sustained gains include energy producers Brigham Minerals Inc. (MNRL), Murphy Oil Corp. (MUR), Pioneer Natural Resources Co. (PXD), and EOG Resources Inc. (EOG). Also poised to benefit are energy industry suppliers such as valve and seal maker Flowserve Corp. (FLS), compressor maker Gardner Denver Holdings Inc. (GDI), valve maker Circor International Inc. (CIR), and General Electric Co. (GE), which owns 40% stake in Baker Hughes (BHGE).
- Investopedia
3 Stocks to Trade Amid Drone Attack on Saudi Oil Fields
Weekend drone attacks on key Saudi oil plants have sent oil prices skyrocketing Monday. These energy stocks may gain as a result.
- Zacks
Permian & Cana Woodford Oil Drillers Continue to Remove Rigs
While the tally of oil rigs in Permian fell for five consecutive weeks, crude drillers in Cana Woodford removed rigs for two successive weeks.
- Zacks
5 U.S. Shale Producers in Focus on Saudi Oil Disruptions
The Saudi Arabian supply shock has put the oil market in a fundamentally tight spot and is likely to breathe life back into the sector.
- Barrons.com
Oilman T. Boone Pickens Has Died
T. Boone Pickens Jr., an oilman and pioneer in hostile takeovers, has died. As the longtime chief executive of (PXD) an independent oil and natural-gas company he founded, Pickens’ folksiness, advocacy for shareholder rights, and populist vilification of “Big Oil” helped turn him into one of the most recognizable executives in the U.S. for decades. Two years later, he struck out on his own, forming what was later renamed Mesa.
- Zacks
Drillers in Permian & Cana Woodford Lower Oil Rig Count
The tally for oil drilling rigs in the United States drops to the lowest level since November 2017.
- Zacks
Oil & Gas US E&P Outlook: Bearish Signals Abound
Oil & Gas US E&P; Outlook: Bearish Signals Abound
- Zacks
Pioneer (PXD) Can Drill Its Best Inventory for Another Decade
In 2019, Pioneer Natural Resources (PXD) intends to drill and produce 265-290 wells in the Permian region compared with 270 wells drilled last year.
- Zacks
Why Is Pioneer Natural Resources (PXD) Up 1.7% Since Last Earnings Report?
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.
- GuruFocus.com
6 Underperforming Stocks in Gurus' Portfolios
Pioneer Natural Resources tops the list Continue reading...
