Pioneer Natural Resources Compa with ticker code (PXD) have now 33 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 284 and 177 calculating the average target price we see 233.09. Now with the previous closing price of 215 this now indicates there is a potential upside of 8.4%. There is a 50 day moving average of 187.3 while the 200 day moving average is 167.23. The company has a market capitalisation of $50,514m. You can visit the company’s website by visiting: https://www.pxd.com
The potential market cap would be $54,764m 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.
