Pioneer Natural Resources Co. (NYSE:PXD) At $271.24: What To Do?

In recent trading session, Pioneer Natural Resources Co. (NYSE:PXD) saw 0.94 million shares changing hands at last check today with its beta currently measuring 1.26. Company’s recent per share price level of $271.24 trading at $3.58 or 1.34% at last check today assigns it a market valuation of $63.38B. That closing price of PXD’s stock is at a discount of -2.8% from its 52-week high price of $278.83 and is indicating a premium of 28.64% from its 52-week low price of $193.56. Taking a look at company’s average trading volume volume of 2.02 million if we extend that period to 3-months.

Pioneer Natural Resources Co. (NYSE:PXD) trade information

Upright in the green today for gaining 1.34%, in the last five days PXD remained trading in the red while hitting it’s week-highest on Tuesday, 04/30/24 when the stock touched $271.24 price level, adding 1.12% to its value on the day. Pioneer Natural Resources Co.’s shares saw a change of 21.29% in year-to-date performance and have moved -1.42% in past 5-day. Pioneer Natural Resources Co. (NYSE:PXD) showed a performance of 0.56% in past 30-days.

Pioneer Natural Resources Co. (PXD) estimates and forecasts

Statistics highlight that Pioneer Natural Resources Co. is scoring comparatively higher than the scores of other players of the relevant industry. The company added 15.08% of value to its shares in past 6 months, showing an annual growth rate of 8.24% while that of industry is -2.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 40.00% from the last financial year’s standing.

14 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 4.19B for the same. And 14 analysts are in estimates of company making revenue of 4.36B in the next quarter. Company posted 3.17B and 2.98B of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 28.84% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 5.78% while estimates for its earnings growth in next 5 years are of 2.00%.

PXD Dividends

Pioneer Natural Resources Co. is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.