Pioneer Natural Resources Company (NYSE: PXD) on May 22, 2023, started off the session at the price of $209.21, soaring 1.01% from the previous trading day. During the day, the shares moved up to $213.13 and dropped to $207.96 before settling in for the closing price of $208.94. Within the past 52 weeks, PXD’s price has moved between $177.26 and $268.64.
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Annual sales at Energy sector company grew by 35.70% over the past five years. The company achieved an average annual earnings per share of 261.20%. With a float of $233.31 million, this company’s outstanding shares have now reached $235.00 million.
Let’s look at the performance matrix of the company that is accounted for 2076 employees. In terms of profitability, gross margin is +43.78, operating margin of +42.41, and the pretax margin is +40.81.
Pioneer Natural Resources Company (PXD) Insider and Institutional Ownership
Observing investor behavior towards Oil & Gas E&P industry stocks is more important than anything else. The insider ownership of Pioneer Natural Resources Company is 0.69%, while institutional ownership is 92.50%. The most recent insider transaction that took place on Nov 09, was worth 48,932. In this transaction Director of this company bought 198 shares at a rate of $247.13, taking the stock ownership to the 2,158 shares. Before that another transaction happened on Nov 08, when Company’s Director bought 390 for $254.88, making the entire transaction worth $99,401. This insider now owns 1,960 shares in total.
Pioneer Natural Resources Company (PXD) Latest Financial update
This company achieved a net margin of +32.11 while generating a return on equity of 34.51. Wall Street market experts anticipate that the next fiscal year will bring earnings of 63.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 261.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -6.82% during the next five years compared to 92.10% growth over the previous five years of trading.
Pioneer Natural Resources Company (NYSE: PXD) Trading Performance Indicators
Pioneer Natural Resources Company (PXD) is currently performing well based on its current performance indicators. A quick ratio of 0.80 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.11. Likewise, its price to free cash flow for the trailing twelve months is 171.98.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 28.17, a number that is poised to hit 4.98 in the next quarter and is forecasted to reach 23.23 in one year’s time.
Technical Analysis of Pioneer Natural Resources Company (PXD)
Pioneer Natural Resources Company (NYSE: PXD) saw its 5-day average volume 1.77 million, a negative change from its year-to-date volume of 2.44 million. As of the previous 9 days, the stock’s Stochastic %D was 55.26%. Additionally, its Average True Range was 5.40.
During the past 100 days, Pioneer Natural Resources Company’s (PXD) raw stochastic average was set at 50.82%, which indicates a significant decrease from 66.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.51% in the past 14 days, which was lower than the 33.81% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $208.63, while its 200-day Moving Average is $227.95. Nevertheless, the first resistance level for the watch stands at $213.46 in the near term. At $215.88, the stock is likely to face the second major resistance level. The third major resistance level sits at $218.63. If the price goes on to break the first support level at $208.29, it is likely to go to the next support level at $205.54. The third support level lies at $203.12 if the price breaches the second support level.
Pioneer Natural Resources Company (NYSE: PXD) Key Stats
Market capitalization of the company is 48.16 billion based on 233,736K outstanding shares. Right now, sales total 24,294 M and income totals 7,845 M. The company made 4,541 M in profit during its latest quarter, and 1,222 M in sales during its previous quarter.
