Mark H. Kleinman Sells 2,582 Shares of Pioneer Natural Resources Company (PXD) Stock

Pioneer Natural Resources Company (NYSE:PXD) SVP Mark H. Kleinman sold 2,582 shares of the company’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $158.37, for a total value of $408,911.34. Following the transaction, the senior vice president now owns 12,861 shares of the company’s stock, valued at $2,036,796.57. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Pioneer Natural Resources Company (NYSE PXD) opened at $153.86 on Wednesday. Pioneer Natural Resources Company has a 52 week low of $125.46 and a 52 week high of $199.83. The firm has a market capitalization of $26,743.18, a PE ratio of 109.90, a P/E/G ratio of 10.04 and a beta of 0.97. 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 (NYSE:PXD) last announced its earnings results on Wednesday, November 1st. The oil and gas development company reported $0.48 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.30 by $0.18. Pioneer Natural Resources had a return on equity of 2.34% and a net margin of 2.17%. The business had revenue of $1.46 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter last year, the business posted $0.13 earnings per share. The company’s quarterly revenue was up 23.1% on a year-over-year basis. equities analysts forecast that Pioneer Natural Resources Company will post 1.53 EPS for the current fiscal year.

A number of hedge funds have recently made changes to their positions in the stock. Cadence Capital Management LLC boosted its stake in Pioneer Natural Resources by 0.5% during the second quarter. Cadence Capital Management LLC now owns 6,003 shares of the oil and gas development company’s stock valued at $958,000 after buying an additional 30 shares in the last quarter. Stratos Wealth Partners LTD. boosted its stake in Pioneer Natural Resources by 2.6% during the second quarter. Stratos Wealth Partners LTD. now owns 1,565 shares of the oil and gas development company’s stock valued at $250,000 after buying an additional 40 shares in the last quarter. Nordea Investment Management AB boosted its stake in Pioneer Natural Resources by 0.5% during the second quarter. Nordea Investment Management AB now owns 8,003 shares of the oil and gas development company’s stock valued at $1,277,000 after buying an additional 41 shares in the last quarter. FTB Advisors Inc. boosted its stake in Pioneer Natural Resources by 1.7% during the second quarter. FTB Advisors Inc. now owns 2,646 shares of the oil and gas development company’s stock valued at $402,000 after buying an additional 43 shares in the last quarter. Finally, Edmond DE Rothschild Holding S.A. boosted its stake in Pioneer Natural Resources by 0.9% during the second quarter. Edmond DE Rothschild Holding S.A. now owns 5,043 shares of the oil and gas development company’s stock valued at $805,000 after buying an additional 43 shares in the last quarter. 90.89% of the stock is owned by institutional investors and hedge funds.

A number of research analysts recently commented on the company. Stifel Nicolaus set a $236.00 price objective on Pioneer Natural Resources and gave the stock a “buy” rating in a research note on Tuesday, August 8th. BMO Capital Markets set a $214.00 price objective on Pioneer Natural Resources and gave the stock a “buy” rating in a research note on Tuesday, August 8th. Zacks Investment Research raised Pioneer Natural Resources from a “sell” rating to a “hold” rating in a research note on Thursday, August 17th. Mizuho reissued a “buy” rating and issued a $196.00 price target on shares of Pioneer Natural Resources in a research note on Friday, September 29th. Finally, Citigroup decreased their price target on Pioneer Natural Resources from $190.00 to $165.00 and set a “buy” rating for the company in a research note on Tuesday, August 15th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and twenty-one have issued a buy rating to the stock. Pioneer Natural Resources presently has an average rating of “Buy” and an average target price of $194.20.

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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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