Pioneer Natural Resources Compa with ticker code (PXD) have now 31 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 375 and 190 with a mean TP of 299.03. Given that the stocks previous close was at 275.29 this now indicates there is a potential upside of 8.6%. The 50 day moving average now sits at 255.58 and the 200 moving average now moves to 208.18. The company has a market cap of $67,620m. Find out more information at: https://www.pxd.com
The potential market cap would be $73,452m 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.