Pioneer Natural Resources Compa – Consensus Indicates Potential 7.5% Upside

Broker Ratings
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Pioneer Natural Resources Compa with ticker code (PXD) have now 33 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 309 and 177 with the average target price sitting at 238.85. Given that the stocks previous close was at 222.12 this would indicate that there is a potential upside of 7.5%. There is a 50 day moving average of 198.76 and the 200 moving average now moves to 172.52. The company has a market cap of $56,366m. Visit the company website at: https://www.pxd.com

The potential market cap would be $60,611m 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 Permian Basin in West Texas. As of December 31, 2020, the company had proved undeveloped reserves and proved developed non-producing reserves of 31 million barrels of oil, 17 million barrels of NGLs, and 88 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.

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