Pioneer Natural Resources Stock News

Analysts see 12-month upside of as much as 59% for their favorite oil-industry stocks.

After rising to just over $100 a barrel early Thursday morning, West Texas Intermediate (WTI) crude oil traded at around $98.30 just before 8:00 a.m.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Pioneer spent 2021 buying other drillers for stocks and selling assets for cash. It is in good position to profit from today''s high prices. The post Drillers Still See Pioneer Natural as Just a Trade appeared first on InvestorPlace . More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” Get in Now on Tiny $3 ‘Forever Battery’ Stock Interested in Crypto? Read This First…

Higher oil-equivalent production volumes and prices aid Viper Energy's (VNOM) Q4 earnings.

Pioneer spent 2021 buying other drillers for stocks and selling assets for cash. It is in good position to profit from today's high prices.

Analysts have provided the following ratings for Pioneer Natural Resources (NYSE:PXD) within the last quarter: Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 5

Some even stand to benefit.

The company blew away earnings expectations and served up hefty shareholder returns.

The company blew away earnings expectations and served up hefty shareholder returns.

Nervous Markets Rebound As Ukraine Tensions Fade US equity futures - which on Tuesday tumbled into a technical correction, down 10% from January''s all time highs - rebounded led by tech companies as investor fears over the standoff in Ukraine eased following the limited initial Western sanctions against Russia. As of 7:15am, eminis pared some gains but were still up 0.7% or 28 points on the day; Nasdaq futures were up 0.9% and Dow futures were up 0.54%. The VIX remained elevated, last seen around 28 after trading above 30 yesterday. Treasuries extended declines after the yield curve flattened in the Wall Street session, with the 10Y yield rising to 1.97% after tumbling as low as 1.85% on Tuesday. Crude oil fluctuated, while gold dipped as haven demand eased. The dollar slipped and cryptos reversed some of their recent losses. Susannah Streeter, senior analyst at Hargreaves Lansdown, said there were signs of bargain hunting among traders, keen to snap up shares sensitive to the situation. But she warned the geopolitical tension could still escalate, while elevated oil and gas prices were boosting inflationary risks. The volatility which has hit stocks is set to remain as traders assess this latest attempt to slow down the march toward a full invasion, said Streeter.

Plenty of stocks that soared during the economic recovery fell 4% or more, including Tesla, Ford and Best Buy.

Pioneer Natural Resources: Over $7 Billion In Positive Cash Flow Projected For 2022

US Frackers Revive Once-Dead Shale Projects As Oil Approaches $100 Last week, US shale oil producer Pioneer Natural Resources said they wouldn''t increase production even if prices cross the $100 per barrel mark. " There''s no change for us ," CEO Scott Sheffield told analysts on Thursday, adding " $100 oil, $150 oil, we''re not going to change our growth rate ." Pioneer''s peers, however, appear to have other plans according to the Wall Street Journal . According to the Wall Street Journal , shale companies have been moving drilling rigs back into oil fields which were abandoned just a few short years ago - returning to places such as the Anadarko Basin of Oklahoma and the DJ Basin in Colorado . Oil production in these marginal regions isnt expected to move the needle in the global market, which is facing tight supplies, but it could help some oil producers who have lost money in past years. Output in the contiguous U.S. by year-end is expected to increase almost solely from the Permian Basin of West Texas and New Mexico, offset by declines elsewhere, according to energy consultant Wood Mackenzie.

NEW YORK , Feb. 22, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for XOM, AZN, PXD, CSCO, and TSLA. Full story available on Benzinga.com