Is Pioneer Natural Resources Stock (PXD) a Good Investment?

This article will give you complete details on Pioneer Natural Resources Stock, its price target, future forecast, and whether it is a buy or sell.  

Firstly what is Pioneer Natural Resources, also known as PXD? Pioneer Natural Resources (PXD) Company is an oil and gas exploration, production, and development company, with offshore and onshore properties in the United States. 

The Pioneer Natural Resources is an American company engaged in hydrocarbon exploration headquartered in Irving, Texas. 

Is PXD a Buy or Sell? 

Pioneer Natural resources is a large independent oil and gas production and exploration company operating in Argentina, Canada, the United States, Nigeria, Sao Tome, Equatorial Guinea, Principe, South Africa, and Tunisia. 

Pioneer Natural Resources, also known as PXD, has received a consensus rating of Buy. The company’s average rating score is 2.89 and is based on four hold ratings, 12 buy ratings, and no sell ratings.

RECOMMENDED:   AMBA Stock Forecast 2022 - 2025 - 2030: Is Amba Stock Buy or Sell?

 Pioneer Natural Resources (PXD) could be a strong choice for investors given its recent upgrade to a Zacks Rank #1 ( Buy). This rating change reflects an upward trend in earnings estimates.

A company’s changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate — the consensus measure of EPS estimates from the sell-side analysts covering the stock — for the current and following years.

Pioneer Natural Resources Stock

Is Pioneer Natural Resources Stock (PDX) a Good Investment?

The financial health and growth prospects of Pioneer Natural Resources demonstrate its potential to underperform the market. PDX currently has a Growth Score of A. Earnings estimate revisions and recent price changes indicate this would be a good stock to invest in for momentum investors with a Momentum Score of B.

RECOMMENDED: Luna Price Prediction After the Crash to 2030

PXD Price Target 

The thirty-two (32) analysts offering twelve (12) month price forecasts for PXD Co have a median target of 291.00, with a low estimate of 234.00 and a high estimate of 400.00. The median forecast represents a +16.57% increase from the last price of 249.64.

RECOMMENDED:   Best Platforms To practice Stock Trading With Fake Money

Pioneer Natural Resources Stock 2022

Pioneer Natural Resources Stock is expected to reach a minimum of $ 210.36565 and a maximum of $315.4542, with an average of $274.308 in 2022.

Pioneer Natural Resources Stock 2023 

Pioneer Natural Resources Stock is expected to reach a minimum of $ 233.2536 and a maximum of $476.48065, with an average of $414.331 in 2023.

Pioneer Natural Resources Stock 2024 

Pioneer Natural Resources Stock is expected to reach a minimum of $351.8932 and a maximum of $705.50545, with an average of $613.483 in 2024.

PXD Stock Forecast 2025

Pioneer Natural Resources Stock is expected to reach a minimum of $521.90765 and a maximum of $985.58565, with an average of $857.031 in 2025.

Does PXD Pay a Dividend?

Pioneer Natural Resources (PXD) pays quarterly dividends to its shareholders. It pays a dividend of $10.05 per share, and its annual dividend yield is 4.02%. PXD dividend is higher than the US industry average of 2.64%, which is higher than the United States market average of 3.54%.

Conclusion

RECOMMENDED:   Doordash Stock Forecast 2025 - Is Doordash Stock a Good Buy?

PXD Company is an oil and gas exploration, production, and development company, with offshore and onshore properties in the United States. Pioneer Natural Resources, also known as PXD, has received a consensus rating of Buy. The company’s average rating score is 2.89 and is based on four hold ratings, 12 buy ratings, and no sell ratings. 

The financial health and growth prospects of Pioneer Natural Resources demonstrate its potential to underperform the market. PDX currently has a Growth Score of A. Earnings estimate revisions and recent price changes indicate this would be a good stock to invest in for momentum investors with a Momentum Score of B.

Pioneer Natural Resources Stock
Pioneer Natural Resources Stock

Don’t Miss Our Updates!

We don’t spam! Read our privacy policy for more info.

Get Latest Market Updates!

Enter your name & email to get started!

We don’t spam! Read our privacy policy for more info.

Sharing is caring...

Leave a Comment