PXD - Pioneer Natural Resources Company

NYSE - NYSE Delayed Price. Currency in USD
135.43
+5.08 (+3.90%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close130.35
Open132.31
Bid135.02 x 800
Ask137.09 x 1000
Day's Range131.35 - 135.97
52 Week Range114.79 - 189.78
Volume1,887,276
Avg. Volume1,527,739
Market Cap22.636B
Beta (3Y Monthly)1.40
PE Ratio (TTM)25.27
EPS (TTM)5.36
Earnings DateNov 4, 2019 - Nov 8, 2019
Forward Dividend & Yield1.76 (1.35%)
Ex-Dividend Date2019-09-26
1y Target Est184.78
Trade prices are not sourced from all markets
  • 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.

  • Drillers in Permian & Cana Woodford Lower Oil Rig Count
    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.

  • Oil & Gas US E&P Outlook: Bearish Signals Abound
    Zacks

    Oil & Gas US E&P Outlook: Bearish Signals Abound

    Oil & Gas US E&P; Outlook: Bearish Signals Abound

  • Pioneer (PXD) Can Drill Its Best Inventory for Another Decade
    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.

  • Why Is Pioneer Natural Resources (PXD) Up 1.7% Since Last Earnings Report?
    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.

  • 6 Underperforming Stocks in Gurus' Portfolios
    GuruFocus.com

    6 Underperforming Stocks in Gurus' Portfolios

    Pioneer Natural Resources tops the list Continue reading...

  • Drillers in Permian & DJ-Niobrara Continue to Remove Oil Rigs
    Zacks

    Drillers in Permian & DJ-Niobrara Continue to Remove Oil Rigs

    The tally for oil drilling rigs in the United States drops to 742, a level last recorded in early January 2018.

  • This Oil Company Believes Its Stock Is a Screaming Buy (and It’s Not Alone)
    Motley Fool

    This Oil Company Believes Its Stock Is a Screaming Buy (and It’s Not Alone)

    Pioneer Natural Resources plans to stick to its strategy of aggressively repurchasing shares.

  • GuruFocus.com

    The Permian Basin Is Getting More Toxic to Investors

    Operators in the US’s hottest oil field have not made good investment returns Continue reading...

  • Will Crude Oil Resume Its $40 Path?
    Market Realist

    Will Crude Oil Resume Its $40 Path?

    Last week, US crude oil prices fell 1.2%, settling at $54.17 per barrel. The EIA inventory data, scheduled for August 28, should affect US crude oil prices.

  • Drillers in Permian & DJ-Niobrara Basins Remove Oil Rigs
    Zacks

    Drillers in Permian & DJ-Niobrara Basins Remove Oil Rigs

    Drillers remove most drilling rigs in U.S. oil resources since the week ended Apr 26.

  • PR Newswire

    Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Energy Index

    DALLAS , Aug. 23, 2019 /PRNewswire/ -- Cushing ® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing ® Energy Index (the "Index") as part of normal ...

  • Investors Who Bought Pioneer Natural Resources (NYSE:PXD) Shares Five Years Ago Are Now Down 39%
    Simply Wall St.

    Investors Who Bought Pioneer Natural Resources (NYSE:PXD) Shares Five Years Ago Are Now Down 39%

    Ideally, your overall portfolio should beat the market average. But even the best stock picker will only win with some...

  • Business Wire

    Pioneer Natural Resources to Webcast Presentation at the Barclays CEO Energy-Power Conference

    Pioneer Natural Resources Company today announced that President and CEO Scott Sheffield will present at the Barclays CEO Energy-Power Conference on Wednesday, September 4, 2019, at 1:05 p.m.

  • Seth Klarman's Baupost Boosts Liberty, Reduces eBay
    GuruFocus.com

    Seth Klarman's Baupost Boosts Liberty, Reduces eBay

    Baupost had a busy 2nd quarter, according to its 13-F filing Continue reading...

  • Thomson Reuters StreetEvents

    Edited Transcript of PXD earnings conference call or presentation 7-Aug-19 2:00pm GMT

    Q2 2019 Pioneer Natural Resources Co Earnings Call

  • GuruFocus.com

    Seth Klarman Buys XPO Logistics, Exits 3 Positions in 2nd Quarter

    Baupost magnate also substantially increases Bristol-Myers Squibb Continue reading...

  • Oil & Gas Stock Roundup: Eni, TC Energy, Pioneer Natural Q2 Earnings
    Zacks

    Oil & Gas Stock Roundup: Eni, TC Energy, Pioneer Natural Q2 Earnings

    Eni (E) reported comprehensive earnings miss, TC Energy's (TRP) bottom line matched the Zacks Consensus Estimate, while Pioneer Natural Resources (PXD) outperformed our profit projection.

  • Oilprice.com

    Time Is Almost Up For U.S. Shale

    It’s been a brutal two weeks for the shale industry after some poor financial results and oil prices crashing, and now it seems that the sectors production growth is being questioned

  • Saudi ‘Whatever It Takes’ Runs into Oil Market's ‘Whatever’
    Bloomberg

    Saudi ‘Whatever It Takes’ Runs into Oil Market's ‘Whatever’

    (Bloomberg Opinion) -- Sometimes it can feel like your world is coming apart. In Saudi Arabia’s case, that is unfortunately somewhat true. Which is presumably why reports the country is considering all options to halt the slide in oil prices have bubbled to the surface over the past 24 hours.This isn’t the first time Saudi Arabia has deployed the whatever-it-takes weapon to beat back the bears. In May 2017, energy minister Khalid Al-Falih used that exact phrase when Brent crude had slipped below $50 a barrel. It sparked a brief rally, followed by a brief dip again, that ultimately segued into a sustained march toward $86 by the fall of 2018.It’s different this time.As bleak as things seemed to OPEC in May 2017, the organization actually had some favorable trends going its way. One of these was its own hesitancy to deliver on the production cuts agreed in late 2016. Apart from Saudi Arabia and the involuntary “discipline” of Venezuela and Angola, the rest of the group didn’t collectively get with the program until toward the end of 2017 (see this). In other words, there was plenty of room in May 2017 for many members just to do something, never mind whatever it took. Plus, U.S. sanctions against Iran were yet to kick in. Meanwhile, low oil prices were boosting global demand and suppressing non-OPEC supply, as U.S. shale operators were only just beginning to emerge from the shock of 2016. None of this holds true today. Saudi Arabia already bears a disproportionate share of the OPEC+ cuts and relies on just a handful of others (including Russia) to maintain credibility on this front. Iran’s output is down by 1.6 million barrels a day already. And the balance between global oil demand growth and non-OPEC supply has reversed completely:Signs of weakening economic growth are cropping up all over amid the escalating trade war between China and the U.S. This is the biggest obstacle to Saudi Arabia’s jawboning working this time. While Riyadh may be willing to do what it takes, both Washington and Beijing appear to be of a similar mind in their confrontation – and that is unambiguously bearish for oil.It’s worth remembering that Al-Falih only recently said something along similarly aggressive lines when he mused about wanting to slash oil inventories by more than 200 million barrels. Yet the market remains unshocked and not the slightest bit awed (even with the shadow of actual conflict in Saudi Arabia’s neighborhood lurking in the background). Cutting supply further into a weakening market could leave Saudi Arabia with lower market share and not necessarily much extra revenue to show for it. This latest intervention appeared to bump Brent crude up from $56 a barrel to $58 overnight, but as of writing this Thursday morning it is back below $57.On the same day Saudi Arabia’s apparent resolve made its way to the ears of the press, shale bellwether Pioneer Natural Resources Co. was extolling the virtues of low leverage and higher payouts to shareholders on an earnings call. Annualize the company’s latest quarterly buybacks and throw in its dividend increase, and Pioneer now yields 5.3% – more than Exxon Mobil Corp. Quite a remarkable change of approach for a fracker that was aiming for the equivalent of a shale moonshot in production growth only two years ago.In other words, lower prices are having an impact in terms of moderating the shale boom. Letting them continue to do so would ultimately do much to rebalance supply with demand. The problem for Saudi Arabia is that “ultimately” is a ways away and, much as an outbreak of bankruptcy across Texas would help, the country’s own dependence on oil presents it with a more existential challenge. Hence, using language any central banker would recognize these days, Riyadh is trying to hold back a literal tide. And like the bankers, it may find a trade war exceeds its capabilities.To contact the author of this story: Liam Denning at ldenning1@bloomberg.netTo contact the editor responsible for this story: Mark Gongloff at mgongloff1@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Liam Denning is a Bloomberg Opinion columnist covering energy, mining and commodities. He previously was editor of the Wall Street Journal's Heard on the Street column and wrote for the Financial Times' Lex column. He was also an investment banker.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Pioneer Natural Resources (PXD) Q2 2019 Earnings Call Transcript
    Motley Fool

    Pioneer Natural Resources (PXD) Q2 2019 Earnings Call Transcript

    PXD earnings call for the period ending June 30, 2019.

  • Reuters

    UPDATE 1-Top U.S. shale producer offers bleak view of U.S. output growth

    Pioneer Natural Resources, one of the largest U.S. independent oil producers, on Wednesday warned that the U.S. shale boom could end in all but one region by 2025, as producers exhaust the richest resource areas and drilling slows due to weak prices. Pioneer Chief Executive Scott Sheffield said just one area of the Permian Basin, the largest U.S. shale field, would continue to expand output past 2025 as oil prices remain low and many producers pull back drilling.

  • Pioneer Natural Resources Continued Outperforming in Q2
    Motley Fool

    Pioneer Natural Resources Continued Outperforming in Q2

    The oil and gas company’s focus on the Permian Basin keeps paying dividends.

  • Diamondback's (FANG) Q2 Earnings Miss on Weak Gas Prices
    Zacks

    Diamondback's (FANG) Q2 Earnings Miss on Weak Gas Prices

    Diamondback (FANG) now forecasts full-year output in the range of 277-284 MBOE/d (58-70% oil) versus prior guidance of 272-287 MBOE/d.

  • Pioneer Natural (PXD) Q2 Earnings Beat on Permian Volumes
    Zacks

    Pioneer Natural (PXD) Q2 Earnings Beat on Permian Volumes

    Pioneer Natural (PXD) continues to expect year-over-year growth in Permian production volumes through 2019.