Pioneer Natural Resources Company (PXD)
| Market Cap | 64.28B |
| Revenue (ttm) | 19.36B |
| Net Income (ttm) | 4.89B |
| Shares Out | 233.62M |
| EPS (ttm) | 20.21 |
| PE Ratio | 13.61 |
| Forward PE | 13.18 |
| Dividend | $10.94 (3.98%) |
| Ex-Dividend Date | Mar 1, 2024 |
| Volume | 1,734,154 |
| Open | 276.50 |
| Previous Close | 275.52 |
| Day's Range | 272.12 - 277.35 |
| 52-Week Range | 196.75 - 278.83 |
| Beta | 1.33 |
| Analysts | Hold |
| Price Target | 266.75 (-3.05%) |
| Earnings Date | May 2, 2024 |
About PXD
Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company explores for, develops, and produces oil, natural gas liquids (NGLs), and gas. It has operations in the Midland Basin in West Texas. The company was founded in 1997 and is headquartered in Irving, Texas. [Read more]
Financial Performance
In 2023, PXD's revenue was $19.36 billion, a decrease of -20.30% compared to the previous year's $24.29 billion. Earnings were $4.89 billion, a decrease of -37.62%.
Financial StatementsAnalyst Forecast
According to 20 analysts, the average rating for PXD stock is "Hold." The 12-month stock price forecast is $266.75, which is a decrease of -3.05% from the latest price.
News
Proposed Oil Mergers Will Improve Competition
Under Chairperson Lina Khan, the Federal Trade Commission (FTC) has consistently used speculative consumer harms to justify regulatory actions. Unfortunately, these actions often stop mergers that wou...
Pioneer Natural Resources Announces First Quarter 2024 Earnings News Release Date
DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (“Pioneer”) (NYSE:PXD) today announced its first quarter 2024 earnings news release is scheduled to be issued after the close of trading on t...
Pioneer Natural reports strong FY production as Exxon takeover looms
Pioneer Natural Resources on Thursday reported 2023 production that exceeded its prior forecast, as the U.S. shale producer works to close its about $60 billion purchase by oil major Exxon Mobil later...
Pioneer Natural Resources Reports Fourth Quarter and Full Year 2023 Financial and Operating Results
DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today reported financial and operating results for the quarter and year ended December 31, 2023. Pion...
Pioneer Natural Resources Declares First Quarter Dividend on Common Shares
DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") announced today that its Board of Directors declared a quarterly base-plus-variable cash dividend of ...
Pioneer Natural Resources Announces Results of Special Meeting
DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company ("Pioneer" or "the Company") (NYSE:PXD) today announced that the Company received shareholder approval for the pending merger with Exxon Mobi...
Pioneer Natural Resources Announces Fourth Quarter 2023 Earnings News Release Date
DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (“Pioneer”) (NYSE:PXD) today announced its fourth quarter 2023 earnings news release is scheduled to be issued before the market opens on Thu...
Pioneer Natural Resources Announces that Richard P. Dealy Commences Role as Chief Executive Officer
DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today announced that Richard ("Rich") P. Dealy has commenced his new role as Chief Executive Officer ...
Tax-loss selling makes these stocks in cannabis, pharma, energy and industrials worth buying
In an annual year-end ritual, investors have dumped many of their stock losers to offset taxable gains. This so-called “tax loss selling” can create buying opportunities in promising names.
Exxon CEO does not expect regulatory hurdles in buying Pioneer
Darren Woods – the Chief Executive of Exxon Mobil Corp (NYSE: XOM) does not expect to face regulatory hurdles in buying Pioneer Natural Resources Co (NYSE: PXD). Woods doesn't see competition concerns...
Exxon Mobil CEO on $60 billion Pioneer deal: Don't think you can find any concerns about competition
Exxon Mobil chairman and CEO Darren Woods joins 'Squawk on the Street' to discuss the state of the oil market, oil production and price trends, $60 billion Pioneer deal, low carbon business, Venezuela...
Exxon CEO dismisses worries FTC could hold up Pioneer deal, does not see competition concerns
Exxon CEO Darren Woods said the oil giant is not worried about the Federal Trade Commission's investigation of its deal to acquire Pioneer Natural Resources. Woods said while the deal appears large, i...
Exxon sees big earnings boost from cost cuts, will increase share buybacks after Pioneer deal closes
The oil giant plans to increase its annual share repurchase program to $20 billion in 2024 through 2025 after the Pioneer deal, up from $17.5 billion in 2023.
FTC investigates Exxon's $60 billion deal for Pioneer
The Federal Trade Commission is investigating ExxonMobil's planned acquisition of Pioneer Natural Resources over potential violations of federal antitrust law.
FTC Investigates Exxon's $60 Billion Deal for Pioneer
The regulator is seeking more information from the oil producers about the proposed merger.
FTC probes Exxon's $60 billion acquisition of Pioneer
Federal antitrust enforcers are investigating Exxon Mobil Corp.'s planned deal to acquire Pioneer Natural Resources Co. for $60 billion, according to securities filings.
Exxon, Pioneer get second FTC request for information on pending takeover
The U.S. Federal Trade Commission has sent shale oil producer Pioneer Natural Resources and Exxon Mobil a second request for more information on their $60 billion takeover deal, Pioneer said on Tuesda...
Five potential takeover targets in the oil industry, following deals by Exxon Mobil and Chevron
This could be a good time for investors to pour money into stocks of companies involved in the production of oil and natural gas. And the best reason for that may have nothing to do with military conf...
Pioneer Natural Resources Reports Third Quarter 2023 Financial and Operating Results
DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today reported financial and operating results for the quarter ended September 30, 2023. Pioneer repo...
Pioneer Natural Resources Declares Fourth Quarter Dividend on Common Shares
DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") announced today that its Board of Directors declared a quarterly base-plus-variable cash dividend of ...
U.S. is set to play tug of war with OPEC+ for oil market share as Middle East hostilities warrant output boost
Oil production cuts this year by the Organization of the Petroleum Exporting Countries and their allies have given the U.S. the price incentive it needed to lift domestic output to its highest level o...
Chasing Big Mergers, Oil Executives Dismiss Peak Oil Concerns
Exxon Mobil and Chevron are spending tens of billions of dollars buying oil and gas assets, betting that the International Energy Agency's predictions of declining oil demand are wrong.
ExxonMobil Plus Pioneer Are Shaping The Energy Transition
A vision for emissions, CCS, and hydrogen are making the company an indispensable influence-shaper for the oilfield as well as climate projects.
Exxon-Pioneer deal supports cash flow and dividend, says Rockland Trust's David Smith
David Smith, CIO of Rockland Trust Investment Management Group, joins 'Power Lunch' to discuss the difficulty investors are having predicting market performance given the economic environment, and the...
Pioneer Natural Resources Announces Third Quarter 2023 Earnings News Release Date
DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (“Pioneer”) (NYSE:PXD) today announced its third quarter 2023 earnings news release is scheduled to be issued after the close of trading on t...