Breaking Finance News

A statement released earlier today by Barclays Capital about Pioneer Natural Resources (NYSE:PXD) bumps the target price to $147.00

Barclays Capital upped the price target of Pioneer Natural Resources (NYSE:PXD) to $147.00 indicating a possible downside of -0.01%.

Just yesterday Pioneer Natural Resources (NYSE:PXD) traded -0.35% lower at $149.20. Pioneer Natural Resources’s 50-day moving average is $138.69 and its 200-day moving average is $158.04. The last closing price is down -5.00% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time. 733,185 shares of the stock were exchanged, down from an average trading volume of 2,040,810

See Chart Below

Pioneer Natural Resources (NYSE:PXD)

Pioneer Natural Resources has a 52 week low of $125.46 and a 52 week high of $199.83 with a P/E ratio of 143.00 The company’s market cap is currently $0.

In addition to Barclays Capital reporting its target price, a total of 40 firms have issued a report on PXD. The one year target is $190.39 with twelve equity analysts rating the company a strong buy, twenty-one equity analysts rating the company a buy, five equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.

More About Pioneer Natural Resources (NYSE:PXD)

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. As of December 31, 2016, the Company owned interests in eight gas processing plants and nine treating facilities. As of December 31, 2016, its Spraberry/Wolfcamp field covered approximately 800,000 gross acres (690,000 net acres). The Company completed 12 Eagle Ford Shale wells during the fiscal year ended December 31, 2016. As of December 31, 2016, the Company owned approximately 185,000 gross acres (165,000 net acres) in the center of the Raton Basin. As of December 31, 2016, the Company's gas had an average energy content of 1,400 British thermal unit (Btu).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.