|Bid||139.00 x 1000|
|Ask||139.09 x 900|
|Day's Range||137.77 - 139.80|
|52 Week Range||119.08 - 213.40|
|Beta (3Y Monthly)||1.31|
|PE Ratio (TTM)||24.46|
|Earnings Date||Apr 30, 2019 - May 6, 2019|
|Forward Dividend & Yield||0.48 (0.35%)|
|1y Target Est||198.40|
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.
For many, the main point of investing is to generate higher returns than the overall market. But every investor is virtually certain to have both over-performing and under-performing stocks. AtRead More...
The Permian Basin is getting hot fast with oil companies. All of which should lead to the stock price soaring around 40% from its recent levels, analysts say. Glickman sees output growth accelerating into 2020 which should help drive income far higher.
Pioneer Natural Resources Co NYSE:PXDView full report here! Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort 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 flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold PXD had net inflows of $2.44 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS MarkitThere is no PMI sector data available for this security. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. PXD credit default swap spreads 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 email@example.com.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.
The big oil companies turned up late to the Permian party, but they are making up for lost time. in the Permian Basin, the heartland of the US shale boom that stretches from west Texas into east New Mexico. The Permian’s oil output has already shown prodigious growth in recent years: it has doubled since the summer of 2016, to 4m barrels a day, or roughly a third of total US daily production.
Exxon and Chevron raised their Permian shale production targets, positioning their large size and vertical integration to take full advantage of the shale boom.
The Zacks Analyst Blog Highlights: Matador, Continental Resources, Pioneer Natural, Diamondback and Concho
Like its peers, Pioneer Natural Resources is shifting its focus from growing production to creating shareholder value.
Independent drillers such as Alta Mesa Resources Inc. and Centennial Resource Development Inc., whose leaders were once rewarded for amassing vast portfolios of drilling rights, are now being punished for failing to convert those holdings into profits. In the past week alone, two prominent shale bosses departed their companies and a third saw his creation lose about 75 percent of its value. Meanwhile activist investors are beating the doors of at least 10 American drillers, urging management teams and directors to retire or sell out.
Energy Commodities Impact Upstream Energy Stocks(Continued from Prior Part)Oil-weighted stocks’ returns On February 20–27, our list of oil-weighted stocks fell 3.9%—compared to the 0.4% fall in US crude oil April futures. On average, our list
Why Apache's Earnings Could Fall More than 60%Apache Corp’s earnings Apache (APA) is set to announce its fourth-quarter earnings results on February 27. Based on analysts’ consensus estimates, its adjusted earnings per share could fall 61.9% on a
NEW ORLEANS , Feb. 22, 2019 /PRNewswire/ -- Former Attorney General of Louisiana , Charles C. Foti, Jr., Esq. , a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF ...
Crude inventories in West Texas dropped this week to the lowest in four months after a converted pipeline began transporting crude from the nation's biggest shale oil field to the U.S. Gulf Coast, data from market intelligence provider Genscape showed. The drop in storage in the Permian Basin is another sign that new pipelines out of the region have begun to alleviate a crude bottleneck that depressed local crude prices as production overwhelmed pipeline capacity and filled storage tanks. Crude inventories in the Permian Basin fell to 15 million barrels in the week to Feb. 19, the lowest since October and down from a record 22 million barrels in November.
Pioneer Natural Resources Company (PXD) (“Pioneer” or “the Company”) today announced that Timothy L. Dove will retire as CEO and a Board Director effective immediately. Scott D. Sheffield, Chairman of the Board, will return to his former role as Chief Executive Officer. Scott was Pioneer’s founding CEO, serving from 1997 to 2016, and has served as Chairman since 1999.
Analysts Cut Price Target on Concho ResourcesAnalysts cut price targetOn February 20, Concho Resources (CXO) fell 7.1%. On February 19, the company announced adjusted earnings of $0.94 per diluted share, a fall of 33.8% on a sequential basis and
Oil Market: Analyzing Key Trends(Continued from Prior Part)Brent-WTI spread On February 19, Brent crude oil April futures settled ~$10 higher than WTI crude oil April futures—near its four-month high. On February 12, the spread was ~$8.95. Lately,
Pioneer Natural Resources: Key Price Points in FebruaryImplied volatility On February 19, Pioneer Natural Resources’ (PXD) implied volatility was 28.8%, which is ~19.6% lower than its 15-day average. On the same day, Noble Energy (NBL) and Concho
NEW YORK, Feb. 20, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.