Pioneer Natural Resources (NYSE:PXD) EVP Mark Stephen Berg sold 2,000 shares of Pioneer Natural Resources stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $157.85, for a total transaction of $315,700.00. Following the completion of the sale, the executive vice president now owns 46,719 shares of the company’s stock, valued at approximately $7,374,594.15. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Mark Stephen Berg also recently made the following trade(s):

  • On Thursday, November 30th, Mark Stephen Berg sold 2,000 shares of Pioneer Natural Resources stock. The stock was sold at an average price of $154.47, for a total transaction of $308,940.00.
  • On Thursday, November 9th, Mark Stephen Berg sold 2,000 shares of Pioneer Natural Resources stock. The stock was sold at an average price of $160.79, for a total transaction of $321,580.00.

Pioneer Natural Resources (NYSE PXD) traded down $0.75 during mid-day trading on Friday, reaching $155.83. 1,781,532 shares of the company’s stock traded hands, compared to its average volume of 1,125,659. The company has a current ratio of 1.69, a quick ratio of 1.58 and a debt-to-equity ratio of 0.22. Pioneer Natural Resources has a 52-week low of $125.46 and a 52-week high of $199.83. The company has a market cap of $26,644.48, a price-to-earnings ratio of 109.50, a P/E/G ratio of 9.91 and a beta of 0.97.

Pioneer Natural Resources (NYSE:PXD) last released its earnings results on Wednesday, November 1st. The oil and gas development company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.30 by $0.18. Pioneer Natural Resources had a net margin of 2.17% and a return on equity of 2.34%. The firm had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same period last year, the firm earned $0.13 EPS. The business’s quarterly revenue was up 23.1% compared to the same quarter last year. equities research analysts forecast that Pioneer Natural Resources will post 1.55 EPS for the current fiscal year.

Several analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Pioneer Natural Resources from a “hold” rating to a “buy” rating and set a $169.00 price objective for the company in a research note on Wednesday, October 11th. Jefferies Group set a $171.00 price objective on shares of Pioneer Natural Resources and gave the stock a “buy” rating in a research note on Tuesday, August 29th. Barclays lifted their price objective on shares of Pioneer Natural Resources from $136.00 to $147.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 11th. Cowen reiterated a “buy” rating and issued a $210.00 price objective on shares of Pioneer Natural Resources in a research note on Sunday, September 17th. Finally, Mizuho reiterated a “buy” rating and issued a $196.00 price objective on shares of Pioneer Natural Resources in a research note on Friday, November 3rd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and twenty-two have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $192.20.

Several institutional investors have recently made changes to their positions in the stock. Hellman Jordan Management Co. Inc. MA grew its holdings in shares of Pioneer Natural Resources by 43.0% during the 3rd quarter. Hellman Jordan Management Co. Inc. MA now owns 5,275 shares of the oil and gas development company’s stock valued at $778,000 after purchasing an additional 1,587 shares during the last quarter. AXA grew its holdings in shares of Pioneer Natural Resources by 17.7% during the 3rd quarter. AXA now owns 164,367 shares of the oil and gas development company’s stock valued at $24,251,000 after purchasing an additional 24,736 shares during the last quarter. Steward Partners Investment Advisory LLC bought a new stake in shares of Pioneer Natural Resources during the 3rd quarter valued at approximately $176,000. Atlantic Trust LLC grew its holdings in shares of Pioneer Natural Resources by 22.0% during the 3rd quarter. Atlantic Trust LLC now owns 2,575 shares of the oil and gas development company’s stock valued at $380,000 after purchasing an additional 465 shares during the last quarter. Finally, Hahn Capital Management LLC grew its holdings in shares of Pioneer Natural Resources by 0.9% during the 3rd quarter. Hahn Capital Management LLC now owns 184,426 shares of the oil and gas development company’s stock valued at $27,210,000 after purchasing an additional 1,637 shares during the last quarter. 90.90% of the stock is currently owned by institutional investors.

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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.

Insider Buying and Selling by Quarter for Pioneer Natural Resources (NYSE:PXD)

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