News stories about Pioneer Natural Resources (NYSE:PXD) have trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Pioneer Natural Resources earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned headlines about the oil and gas development company an impact score of 65 out of 100, meaning that recent media coverage is somewhat likely to have an effect on the company’s share price in the immediate future.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Pioneer Natural Resources Compa (PXD) Hits a 52-Week High – First News 24 (firstnewspaper24.com)
- Permian Exodus And More To Come – Seeking Alpha (seekingalpha.com)
- Pioneer Natural Resources Company (PXD) Expected to Announce Quarterly Sales of $1.42 Billion (americanbankingnews.com)
- Pioneer Natural Resources Company Expected to Earn Q3 2017 Earnings of $0.25 Per Share (PXD) (americanbankingnews.com)
- Of Toledo NA OH Holds Position in Pioneer Natural Resources Company (PXD) (footballhebdo.com)
Pioneer Natural Resources (NYSE PXD) opened at 135.38 on Wednesday. The firm’s 50-day moving average price is $157.86 and its 200-day moving average price is $174.43. Pioneer Natural Resources has a 52-week low of $129.25 and a 52-week high of $199.83. The firm has a market cap of $23.03 billion, a P/E ratio of 136.61 and a beta of 0.91.
Pioneer Natural Resources (NYSE:PXD) last announced its quarterly earnings data on Tuesday, August 1st. The oil and gas development company reported $0.21 EPS for the quarter, beating the Zacks’ consensus estimate of $0.11 by $0.10. Pioneer Natural Resources had a return on equity of 1.79% and a net margin of 3.10%. The firm had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter last year, the firm posted ($0.22) earnings per share. The company’s revenue for the quarter was up 107.4% compared to the same quarter last year. Equities research analysts expect that Pioneer Natural Resources will post $1.13 EPS for the current year.
A number of equities research analysts have weighed in on PXD shares. Barclays PLC set a $136.00 price target on shares of Pioneer Natural Resources and gave the stock a “buy” rating in a research note on Friday, August 4th. Royal Bank Of Canada reiterated a “buy” rating on shares of Pioneer Natural Resources in a research note on Friday, August 4th. Capital One Financial Corporation reiterated an “overweight” rating on shares of Pioneer Natural Resources in a research note on Wednesday, August 2nd. Williams Capital set a $184.00 price target on shares of Pioneer Natural Resources and gave the stock a “hold” rating in a research note on Wednesday, August 2nd. Finally, Wells Fargo & Company downgraded shares of Pioneer Natural Resources from an “outperform” rating to a “market perform” rating and decreased their price target for the stock from $190.00 to $160.00 in a research note on Wednesday, August 2nd. Two research analysts have rated the stock with a sell rating, four have given a hold rating and twenty have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $214.19.
In related news, EVP Chris J. Cheatwood sold 5,749 shares of Pioneer Natural Resources stock in a transaction that occurred on Monday, May 15th. The stock was sold at an average price of $173.79, for a total transaction of $999,118.71. Following the transaction, the executive vice president now owns 45,110 shares of the company’s stock, valued at $7,839,666.90. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.92% of the stock is owned by insiders.
Pioneer Natural Resources Company Profile
Pioneer Natural Resources Company is an oil and gas exploration and production company. The Company explores for, develops and produces oil, natural gas liquids (NGLs) and gas within the United States, with operations primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeast Colorado and the West Panhandle field in the Texas Panhandle.
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