Pioneer Natural Resources Company (PXD)

NYSE: PXD · IEX Real-Time Price · USD
237.27
+4.64 (1.99%)
At close: Mar 1, 2024, 4:00 PM
237.25
-0.02 (-0.01%)
After-hours: Mar 1, 2024, 7:16 PM EST
1.99%
Market Cap 55.43B
Revenue (ttm) 19.36B
Net Income (ttm) 4.89B
Shares Out 233.62M
EPS (ttm) 20.21
PE Ratio 11.74
Forward PE 11.56
Dividend $10.94 (4.61%)
Ex-Dividend Date Mar 1, 2024
Volume 2,191,378
Open 234.75
Previous Close 232.63
Day's Range 234.56 - 238.43
52-Week Range 177.27 - 257.76
Beta 1.34
Analysts Hold
Price Target 252.06 (+6.23%)
Earnings Date Apr 24, 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]

Industry Oil & Gas E&P
Sector Energy
Founded 1997
Employees 2,213
Stock Exchange NYSE
Ticker Symbol PXD
Full Company Profile

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 Statements

Analyst Forecast

According to 22 analysts, the average rating for PXD stock is "Hold." The 12-month stock price forecast is $252.06, which is an increase of 6.23% from the latest price.

Price Target
$252.06
(6.23% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

Other symbols: XOM
10 days ago - Reuters

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...

10 days ago - Business Wire

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 ...

10 days ago - Business Wire

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...

Other symbols: XOM
25 days ago - Business Wire

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...

4 weeks ago - Business Wire

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 ...

2 months ago - Business Wire

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.

2 months ago - Market Watch

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...

Other symbols: XOM
3 months ago - Invezz

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...

Other symbols: XOM
3 months ago - CNBC Television

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...

Other symbols: XOM
3 months ago - CNBC

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.

Other symbols: XOM
3 months ago - CNBC

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.

Other symbols: XOM
3 months ago - Fox Business

FTC Investigates Exxon's $60 Billion Deal for Pioneer

The regulator is seeking more information from the oil producers about the proposed merger.

Other symbols: XOM
3 months ago - WSJ

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.

Other symbols: XOM
3 months ago - Market Watch

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...

Other symbols: XOM
3 months ago - Reuters

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...

Other symbols: CVXXOMCPEFANGHESPRSM
4 months ago - Market Watch

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...

4 months ago - Business Wire

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 ...

4 months ago - Business Wire

Revisiting the classic 60/40 portfolio as challenges loom

In mid-2020, the 60/40 worked as well as it was supposed to. Investors who held on through the early Covid market decline saw a fast rebound to a bull market, while long-term Treasuries fell to record...

Other symbols: METAMPCMSFTNVDAXOM
4 months ago - MarketBeat

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...

Other symbols: BKRCVXHESXOM
4 months ago - Market Watch

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.

Other symbols: CVXHESXOM
4 months ago - NYTimes

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.

Other symbols: XOM
4 months ago - Forbes

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...

Other symbols: XOM
4 months ago - CNBC Television

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...

4 months ago - Business Wire

The energy sector is healthy and in good shape for M&A activity, says Third Bridge's Peter McNally

Peter McNally, Global Sector Lead for Industrials, Materials and Energy at Third Bridge, discusses recent M&A deals in the energy sector.

Other symbols: COPCVXHESOXYXOM
4 months ago - CNBC Television