Today Imperial Capital Reaffirms a “Outperform” Rating on Pioneer Natural Resources (NYSE:PXD) and a $185 Target Price

Pioneer Natural Resources Company (NYSE:PXD) Logo

Investors sentiment decreased to 0.91 in Q4 2018. Its down 0.45, from 1.36 in 2018Q3. It worsened, as 67 investors sold Pioneer Natural Resources Company shares while 232 reduced holdings. 77 funds opened positions while 195 raised stakes. 146.98 million shares or 2.12% more from 143.93 million shares in 2018Q3 were reported.

23,861 are owned by Janney Montgomery Scott Lc. Retirement Of Alabama stated it has 190,082 shares. Creative Planning invested in 7,168 shares or 0% of the stock. Amica Retiree Medical Tru stated it has 595 shares. Corecommodity Mngmt Lc holds 0.4% or 3,638 shares. Cohen & Steers Inc has 0% invested in Pioneer Natural Resources Company (NYSE:PXD). Panagora Asset Mngmt stated it has 0.01% in Pioneer Natural Resources Company (NYSE:PXD). 7,498 were accumulated by Huntington Retail Bank. Barclays Public Ltd Llc has 0.02% invested in Pioneer Natural Resources Company (NYSE:PXD) for 213,626 shares. Advisory Services Ntwk Limited Liability Company invested in 0% or 398 shares. Moreover, Samlyn Capital Limited Liability Com has 0.64% invested in Pioneer Natural Resources Company (NYSE:PXD). Peconic Ptnrs Limited Liability Corporation owns 6,000 shares. 37,000 were reported by Eulav Asset Mgmt. Us Bancshares De reported 0.04% in Pioneer Natural Resources Company (NYSE:PXD). Two Creeks Mngmt Limited Partnership holds 3.2% of its portfolio in Pioneer Natural Resources Company (NYSE:PXD) for 359,720 shares.

Since December 18, 2018, it had 1 buy, and 1 sale for $545,905 activity. $644,080 worth of Pioneer Natural Resources Company (NYSE:PXD) shares were sold by DOVE TIMOTHY L.

Pioneer Natural Resources (NYSE:PXD) Rating Reaffirmed

Imperial Capital now has a $185 PT on the $25.60B market cap company or 21.75 % upside potential. In analysts report sent to clients and investors on Wednesday, 8 May, Pioneer Natural Resources (NYSE:PXD) shares have had their “Outperform” Rating reaffirmed by stock research analysts at Imperial Capital.

Pioneer Natural Resources Company (NYSE:PXD) Ratings Coverage

Among 14 analysts covering Pioneer Natural Resources (NYSE:PXD), 11 have Buy rating, 0 Sell and 3 Hold. Therefore 79% are positive. Pioneer Natural Resources has $30200 highest and $158 lowest target. $205.10’s average target is 34.98% above currents $151.95 stock price. Pioneer Natural Resources had 21 analyst reports since November 15, 2018 according to SRatingsIntel. Morgan Stanley maintained the stock with “Overweight” rating in Tuesday, November 20 report. The stock of Pioneer Natural Resources Company (NYSE:PXD) earned “Outperform” rating by Credit Suisse on Thursday, February 14. The rating was maintained by Barclays Capital on Tuesday, February 19 with “Overweight”. The firm earned “Hold” rating on Thursday, February 14 by Oppenheimer. TD Securities downgraded Pioneer Natural Resources Company (NYSE:PXD) on Friday, February 15 to “Hold” rating. On Tuesday, March 19 the stock rating was downgraded by Mizuho to “Hold”. As per Sunday, November 25, the company rating was maintained by Stifel Nicolaus. The stock of Pioneer Natural Resources Company (NYSE:PXD) has “Buy” rating given on Thursday, February 14 by Williams Capital Group. On Monday, April 22 the stock rating was maintained by KeyBanc Capital Markets with “Overweight”. On Thursday, November 15 the stock rating was maintained by Barclays Capital with “Overweight”.

The stock increased 2.69% or $3.98 during the last trading session, reaching $151.95. About 1.52 million shares traded. Pioneer Natural Resources Company (NYSE:PXD) has declined 14.84% since May 8, 2018 and is downtrending. It has underperformed by 19.21% the S&P500.

Analysts await Pioneer Natural Resources Company (NYSE:PXD) to report earnings on August, 6. They expect $2.01 EPS, up 42.55 % or $0.60 from last year’s $1.41 per share. PXD’s profit will be $338.65M for 18.90 P/E if the $2.01 EPS becomes a reality. After $1.83 actual EPS reported by Pioneer Natural Resources Company for the previous quarter, Wall Street now forecasts 9.84 % EPS growth.

Pioneer Natural Resources Company operates as an independent gas and oil exploration and production firm in the United States. The company has market cap of $25.60 billion. The firm explores for, develops, and produces oil, natural gas liquids , and gas. It has a 26.7 P/E ratio. It has activities primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeast Colorado, and the West Panhandle field in the Texas Panhandle.

More notable recent Pioneer Natural Resources Company (NYSE:PXD) news were published by: Investorplace.com which released: “7 U.S. Shale Oil Stocks to Buy as Prices Rise – Investorplace.com” on April 26, 2019, also Globenewswire.com with their article: “Analysis: Positioning to Benefit within Pioneer Natural Resources, Cass Information, Westlake Chemical, and Seagate Technology — Research Highlights Growth, Revenue, and Consolidated Results – GlobeNewswire” published on May 08, 2019, Fool.com published: “Why PG&E, Pioneer Natural Resources, and Adient Jumped Today – The Motley Fool” on April 12, 2019. More interesting news about Pioneer Natural Resources Company (NYSE:PXD) were released by: Benzinga.com and their article: “Earnings Scheduled For May 6, 2019 – Benzinga” published on May 06, 2019 as well as Seekingalpha.com‘s news article titled: “Massive upside for three shale players – Grant’s – Seeking Alpha” with publication date: May 02, 2019.

Pioneer Natural Resources Company (NYSE:PXD) Institutional Positions Chart

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