Advertisement
Skip to Content

Pioneer Natural Resources Co PXD Stock Quote

| Rating as of

NYSE: PXD

Last close prices updated as of Jun 09, 2023, 7:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 204.80
  • Sector Energy
  • Industry Oil & Gas E&P
  • Investment Style Large Value
  • Day Range 203.76  –  207.01
  • Year Range 177.27  –  278.41
  • Market Cap 47.8690 Bil
  • Volume / Avg 1.7 Mil /  2.3 Mil
  • Price / Sales 2.23
  • Price / Book 2.19
  • Forward Div Yield 11.33%
  • Trailing Div Yield 11.33%

Morningstar‘s Stock Analysis PXD

Valuation
Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

OPEC+ Defends Oil Prices With New Production Cut While Consolidating Influence Around the Saudis

Stephen Ellis Sector Strategist

Analyst Note

| Stephen Ellis |

On June 4, OPEC+ announced about 1.4 million barrels per day of production cuts. Saudi Arabia would cut 1 million barrels per day production cut in July 2023 for one month, though it can be extended, which we consider a realistic cut, while the remaining 400,000 net barrels are aligning quotas to actual production levels, and we’d consider paper barrels. The previously announced 1.6 million barrels per day cut (or about 600,000-700,000 barrels per day allowing for quota underproduction) by OPEC cut in April has now been extended through the end of 2024 from through the end of 2023. Our fair value estimates and moat ratings for our U.S. oil and gas coverage are unchanged following the announcement. We’d flag Equitrans and ExxonMobil as undervalued.

Unlock Our Full Analysis With Morningstar Investor

Key Statistics PXD

Company Profile PXD

Business Description

Headquartered in Irving, Texas, Pioneer Natural Resources is an independent oil and gas exploration and production company focusing on the Permian Basin in Texas. At year-end 2022, Pioneer's proven reserves were 2.4 billion barrels of oil equivalent with net production for the year of 650 mboe per day. Oil and natural gas liquids represented 79% of production.

Contact
777 Hidden Ridge
Irving, TX, 75038
Sector Energy
Industry Oil & Gas E&P
Employees 2,076

Related Articles PXD

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of PXD’s competitive advantage.

Pioneer Natural Resources Co

XNYS: PXD

EOG Resources Inc

XNYS: EOG

Diamondback Energy Inc

XNAS: FANG
Price
204.80116.25132.28
Currency
USDUSDUSD
Change
−$2.23 (1.08%) +$0.10 (0.09%) −$1.06 (0.80%)
Market Cap
47.87 Bil67.99 Bil23.96 Bil
Industry
Oil & Gas E&P Oil & Gas E&P Oil & Gas E&P
Sector
Energy
Energy
Energy

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Pioneer Natural Resources Co Stock

Yes. PXD has a forward dividend yield of 11.33%. See PXD’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

PXD’s market cap is 47.87 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

PXD’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

PXD’s price/sales is 2.23.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

PXD’s price/forward earnings is 7.25.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

PXD’s price/book is 2.19.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See PXD’s valuation ratios compared to the Market Index.

PXD’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare PXD’s historical performance against its industry peers and the overall market.