|Bid||0.00 x 800|
|Ask||0.00 x 1200|
|Day's Range||143.33 - 145.17|
|52 Week Range||119.08 - 213.40|
|Beta (3Y Monthly)||1.27|
|PE Ratio (TTM)||18.87|
|Earnings Date||Feb 13, 2019|
|Forward Dividend & Yield||0.32 (0.22%)|
|1y Target Est||213.51|
# Pioneer Natural Resources Co ### NYSE:PXD View full report here! ## Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output in this company's sector is contracting ## Bearish sentiment Short interest | Positive Short interest is extremely low for PXD with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting PXD. ## Money flow ETF/Index ownership | Negative ETF activity is negative and may be weakening. The net inflows of $1.49 billion over the last one-month into ETFs that hold PXD are among the lowest of the last year and appear to be slowing. ## Economic sentiment PMI by IHS Markit There is no PMI sector data available for this security. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator. Although PXD credit default swap spreads are decreasing, they are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to firstname.lastname@example.org. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. 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. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
rude oil prices fell Monday on weak Chinese economic data, despite OPEC reassurances that global demand is strong and its production cuts are working.
The Permian Basin once played host to the cowboys of the oil world, independent prospectors hoping to strike it rich, but now supermajors have moved in and the region is evolving
Upstream Review for the Week Ending January 11 (Continued from Prior Part) ## Upstream stocks On January 4–11, Denbury Resources (DNR) fell the most on our list of upstream energy stocks from the SPDR S&P Oil & Gas Exploration & Production ETF (XOP). However, XOP rose 6.2%—the second-largest rise among the major energy ETFs that we discussed in Part 1 of this series. On January 7, UBS reduced its target price on Denbury Resources by 25 cents to $2.4. ## Other underperformers EP Energy (EPE), Carrizo Oil & Gas (CRZO), Laredo Petroleum (LPI), and Pioneer Natural Resources (PXD) were the second, third, fourth, and fifth-largest underperformers, respectively, last week. ## What might be behind the fall? On January 9, Morgan Stanley reduced its target price on Pioneer Natural Resources by 36 cents to $182. EP Energy derives ~55% of its oil production from the Eagle Ford Shale, while Carrizo Oil & Gas derives 73.5% of its oil production from the same region. LLS (Louisiana Light Sweet) crude oil versus WTI at Cushing, or the LLS-WTC spread, was under pressure last month, which we discussed in the previous part. The factors might have dragged these two upstream stocks despite the bullishness in oil prices. The recovery in the spread last week might support these stocks going forward. LLS is the benchmark for most light sweet crude produced in the Eagle Ford region in Texas. Browse this series on Market Realist: * Part 1 - Upstream Sector Rose Last Week * Part 2 - Analyzing the Top Upstream Gainers Last Week
The Zacks Analyst Blog Highlights: Halliburton, Schlumberger, Diamond, Transocean and Pioneer Natural
Now in his 13th year at Pioneer Natural Resources, Mark Berg has led more than a dozen major M&A; deals and joint ventures that transformed the Irving-based company from a sleepy, midsized oil and gas producer into a super-major exploration and production operation.
Corrections & Amplifications An average of Pioneer Natural Resources Co.’s 2015 forecasts suggested company wells in the Midland portion of the Permian Basin would produce about 960,000 barrels of oil and gas each.
Less oil and gas is being produced from shale wells drilled in the past five years, and the shortfall is reportedly impacting a North Texas energy firm, according to a Wall Street Journal analysis.
How Oil-Weighted Stocks Performed Last Quarter(Continued from Prior Part)Oil-weighted stocks’ returns In the fourth quarter, our list of oil-weighted stocks fell 44.2%—compared to the 39.7% fall in US crude oil February futures.
Pioneer Natural Resources Company today announced that President and Chief Executive Officer Tim Dove will participate in a panel discussion at Goldman Sachs Global Energy Conference on Tuesday, January 8, at 10:15 a.m.
Volatility was the name of the game for stocks in 2018. The market plunged to severe lows in both February and December, but all-time highs in September. The Standard & Poor's 500-stock index and Dow Jones Industrial Average were both on the precipice of bear markets late in the year. However, we enjoyed a surprising "Santa Claus" rally that saw the Dow climb more than 1,000 points - its biggest single-day point gain ever - on Dec. 26. When you're evaluating stock picks for 2019, expect more of the unexpected. Continued volatility seems unavoidable considering unsolved trade tensions and heightened worries about the Federal Reserve and interest-rate hikes. The flip side? "Despite the volatility that we have witnessed in the global markets, for 2019 our analysts are maintaining a pro-growth, pro-cyclical bias," RBC Capital writes in its 2019 outlook. Many Wall Street analysts, in fact, predict upside in 2019. That includes Deutsche Bank, whose 3,250 target for the S&P 500 next year implies more than 30% upside for the market! With this outlook in mind, here are some of the analyst community's top stock picks for 2019. These are stocks, large and small, that boast a "Strong Buy" analyst consensus and significant upside potential. We used TipRanks to ensure that these picks also enjoy the support of top-performing analysts who have strong track records. SEE ALSO: 19 Best Stocks to Buy for 2019 (And 5 to Sell)
Access to prolific Permian and Haynesville Core Acres, QEP Resources (QEP) is well placed to beat low oil price and capitalize clean energy demand.
On December 12–19, our list of oil-weighted stocks fell 12.9% compared to the 6.2% fall in US crude oil February futures. On average, our list of oil-weighted stocks underperformed US crude oil prices. All of the oil-weighted stocks closed in the red during this period. Except for a few stocks, most of the US oil drillers might face difficulty with US crude oil falling below the $50 level.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting PXD. PXD credit default swap spreads are at their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.
U.S. shale producer Pioneer Natural Resources said on Thursday it would buy back $2 billion worth of its shares. The new plan replaces Pioneer's prior $100 million share buyback program announced in February ...
Pioneer Natural Resources Company (PXD) (“Pioneer” or “the Company”) today announced that its Board of Directors authorized a common stock repurchase program that will allow the Company to repurchase up to $2 billion of its common stock. Based upon Pioneer’s current share price, this represents approximately 8% of the Company’s market capitalization. President and CEO Timothy L. Dove stated, “The announced share repurchase program demonstrates our commitment to returning capital to shareholders, consistent with the priorities of our ten-year plan.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Read More...