Pioneer Natural Resources Stock News

DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (NYSE:PXD) (Pioneer or the Company) today announced that it has completed the previously announced divestiture of its Delaware Basin assets to Continental Resources (NYSE:CLR) for cash proceeds of $3.1 billion after normal closing adjustments. Pioneers fourth quarter and full year guidance assumed that the Delaware Basin assets would be included in the Companys financial results for the entire quarter. However, with the completion

Easterly Investment Partners LLC purchased a new stake in Pioneer Natural Resources (NYSE:PXD) in the 3rd quarter, HoldingsChannel reports. The firm purchased 77,772 shares of the oil and gas development companys stock, valued at approximately $12,950,000. Pioneer Natural Resources makes up approximately 1.6% of Easterly Investment Partners LLCs holdings, making the stock its 23rd biggest []

Huntington National Bank lessened its stake in shares of Pioneer Natural Resources (NYSE:PXD) by 21.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,032 shares of the oil and gas development companys stock after selling 283 shares during the quarter. Huntington National []

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Wall Street brokerages expect Pioneer Natural Resources (NYSE:PXD) to report sales of $4.79 billion for the current quarter, according to Zacks. Four analysts have made estimates for Pioneer Natural Resources earnings. The highest sales estimate is $5.53 billion and the lowest is $3.73 billion. Pioneer Natural Resources posted sales of $1.86 billion during the same []

Westpac Banking Corp lowered its position in shares of Pioneer Natural Resources (NYSE:PXD) by 3.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 22,520 shares of the oil and gas development companys stock after selling 875 shares during the quarter. []

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Assuming a strong year in 2022 for the price of oil, Pioneer is in an excellent position to generate strong returns and pay back those returns to shareholders. Current 2021 production expectations are

We believe that there are other stocks that are currently better valued than Starbucks' stock. SBUX's current price-to-operating income ratio (P/EBIT) of 33.5x is higher than levels of 22.4x for Pione

Fisher Asset Management LLC cut its holdings in Pioneer Natural Resources (NYSE:PXD) by 4.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 94,424 shares of the oil and gas development companys stock after selling 3,956 shares during the quarter. Fisher Asset Management []

Pioneer Natural Resources (NYSE:PXD) had its price objective cut by stock analysts at Morgan Stanley from $206.00 to $200.00 in a report issued on Monday, Benzinga reports. The firm presently has an equal weight rating on the oil and gas development companys stock. Morgan Stanleys price target points to a potential upside of 11.27% from [] The post Pioneer Natural Resources (NYSE:PXD) PT Lowered to $200.00 at Morgan Stanley appeared first on TECHTELEGRAPH .

US Shale Slams Biden''s Oil Policies By Tsvetana Paraskova for Oilprice.com , U.S. shale producers have been disappointed with the Biden Administrations policies regarding the oil and gas industry for nearly a year now, and they voiced their disappointment, once again, at this weeks World Petroleum Congress in Houston. While the U.S. Administration was calling repeatedly on OPEC+ to pump more oil to stop the rally in U.S. gasoline prices, which hit a seven-year high a few months ago, it failed to reach out to domestic producers first for more supply, shale executives and industry associations say. Instead of asking OPEC+ and counties like Saudi Arabia, Iraq, and Russia to pump more oil, the Administration should have laid the foundations for a faster recovery of U.S. oil production, which producers curtailed last year in response to the crash in demand and oil prices, executives say. Not that everyone would have listened. The oil companies have now switched to a shareholder returns mode from record production mode to finally reward investors after years of splurging on record production and seeing little (or in many cases, negative) cash flows.

Equities research analysts predict that Pioneer Natural Resources (NYSE:PXD) will post earnings of $4.68 per share for the current quarter, Zacks reports. Four analysts have issued estimates for Pioneer Natural Resources earnings. The lowest EPS estimate is $4.19 and the highest is $5.58. Pioneer Natural Resources reported earnings of $1.07 per share in the same []

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