Pioneer Natural Resources Co. (NYSE:PXD) CEO Scott D. Sheffield sold 10,000 shares of the stock in a transaction dated Wednesday, November 23rd. The stock was sold at an average price of $185.14, for a total value of $1,851,400.00. Following the sale, the chief executive officer now directly owns 585,868 shares in the company, valued at $108,467,601.52. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Shares of Pioneer Natural Resources Co. (NYSE:PXD) opened at 191.04 on Thursday. Pioneer Natural Resources Co. has a 52-week low of $103.50 and a 52-week high of $193.39. The stock’s market capitalization is $32.42 billion. The stock’s 50 day moving average is $180.38 and its 200 day moving average is $171.03.

Pioneer Natural Resources (NYSE:PXD) last announced its quarterly earnings data on Tuesday, November 1st. The oil and gas development company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.03. The firm had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.03 billion. Pioneer Natural Resources had a negative net margin of 30.45% and a negative return on equity of 1.49%. The business’s quarterly revenue was down 47.0% on a year-over-year basis. During the same period in the previous year, the company posted ($0.01) EPS. Equities research analysts expect that Pioneer Natural Resources Co. will post ($0.40) earnings per share for the current fiscal year.

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

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Several equities research analysts have weighed in on PXD shares. Williams Capital started coverage on Pioneer Natural Resources in a research report on Monday, August 29th. They set a “buy” rating and a $217.00 price target on the stock. Jefferies Group reissued a “buy” rating and set a $206.00 target price on shares of Pioneer Natural Resources in a research note on Wednesday, October 19th. KeyCorp increased their target price on shares of Pioneer Natural Resources from $190.00 to $215.00 and gave the stock an “overweight” rating in a research note on Monday, August 22nd. Wunderlich increased their target price on shares of Pioneer Natural Resources from $182.00 to $207.00 and gave the stock a “buy” rating in a research note on Monday, October 10th. Finally, Societe Generale lowered shares of Pioneer Natural Resources from a “hold” rating to a “sell” rating and set a $132.00 target price on the stock. in a research note on Thursday, August 4th. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, thirty have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $182.65.

Several institutional investors have recently made changes to their positions in PXD. MSI Financial Services Inc increased its position in shares of Pioneer Natural Resources by 0.4% in the third quarter. MSI Financial Services Inc now owns 1,173 shares of the oil and gas development company’s stock valued at $218,000 after buying an additional 5 shares during the last quarter. Hartline Investment Corp increased its position in shares of Pioneer Natural Resources by 0.3% in the third quarter. Hartline Investment Corp now owns 4,045 shares of the oil and gas development company’s stock valued at $751,000 after buying an additional 12 shares during the last quarter. Checchi Capital Advisers LLC increased its position in shares of Pioneer Natural Resources by 2.2% in the second quarter. Checchi Capital Advisers LLC now owns 1,028 shares of the oil and gas development company’s stock valued at $155,000 after buying an additional 22 shares during the last quarter. Dana Investment Advisors Inc. increased its position in shares of Pioneer Natural Resources by 0.3% in the third quarter. Dana Investment Advisors Inc. now owns 7,875 shares of the oil and gas development company’s stock valued at $1,462,000 after buying an additional 23 shares during the last quarter. Finally, Private Bank & Trust Co. increased its position in shares of Pioneer Natural Resources by 2.1% in the second quarter. Private Bank & Trust Co. now owns 1,669 shares of the oil and gas development company’s stock valued at $252,000 after buying an additional 34 shares during the last quarter. 92.39% of the stock is currently owned by institutional investors and hedge funds.

Pioneer Natural Resources Company Profile

Pioneer Natural Resources Company is an independent oil and gas exploration and production company with operations in the United States. The Company operates through the oil and gas development, exploration and production segment. The Company focuses on production of oil, natural gas liquid (NGLs) and gas through development drilling, production enhancement activities and acquisitions of producing properties.

5 Day Chart for NYSE:PXD

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