RBC Capital analyst Scott Hanold maintained a Hold rating on Pioneer Natural (PXD – Research Report) on February 2 and set a price target of $279.00. The company’s shares closed last Friday at $227.47.
According to TipRanks, Hanold is a top 100 analyst with an average return of 22.2% and a 58.85% success rate. Hanold covers the Energy sector, focusing on stocks such as Northern Oil And Gas, Pioneer Natural, and SM Energy.
In addition to RBC Capital, Pioneer Natural also received a Hold from TD Cowen’s David Deckelbaum in a report issued on February 2. However, on January 24, Piper Sandler assigned a Buy rating to Pioneer Natural (NYSE: PXD).
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PXD market cap is currently $53.14B and has a P/E ratio of 10.86.
Based on the recent corporate insider activity of 66 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PXD in relation to earlier this year.
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Pioneer Natural (PXD) Company Description:
Pioneer Natural Resources Co. Operates as an independent oil and gas exploration and production company. The firm engages in hydrocarbon exploration in the Cline Shale. It focuses in the operation of Permian Basin, Eagle Ford Shale, Rockies, and West Panhandle projects. The firm also maintains an office in Midland, Texas and field offices in its area of operation. The company was founded in August 1997 and is headquartered in Irving, TX.
Read More on PXD:
- Pioneer Natural Derivative Contracts and Convertible Notes Settlement
- Pioneer Natural price target lowered to $237 from $250 at Susquehanna
- Largest borrow rate increases among liquid names
- Pioneer Natural price target lowered to $264 from $301 at Mizuho
- Pioneer Natural CEO Richard Dealy commences role
