Pioneer Natural Resources Compa with ticker code (PXD) have now 31 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 422 and 190 with a mean TP of 303.97. Given that the stocks previous close was at 223.08 this would imply there is a potential upside of 36.3%. There is a 50 day moving average of 253.82 and the 200 day MA is 217.5. The market cap for the company is $54,184m. You can visit the company’s website by visiting: https://www.pxd.com
The potential market cap would be $73,832m 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.
