Pioneer Natural Resources Compa with ticker code (PXD) now have 31 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 422 and 190 with the average target price sitting at 303.9. Now with the previous closing price of 241.5 this would imply there is a potential upside of 25.8%. The 50 day MA is 258.14 and the 200 moving average now moves to 214.04. The market capitalisation for the company is $53,659m. Company Website: https://www.pxd.com
The potential market cap would be $67,524m based on the market concensus.
Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company explores for, develops, and produces oil, natural gas liquids (NGLs), and gas. It has operations in the Midland Basin in West Texas. As of December 31, 2021, the company had proved undeveloped reserves and proved developed non-producing reserves of 130 million barrels of oil, 92 million barrels of NGLs, and 462 billion cubic feet of gas; and owned interests in 11 gas processing plants. Pioneer Natural Resources Company was founded in 1997 and is headquartered in Irving, Texas.
