Pioneer Natural Resources: Q2 Earnings Insights
Pioneer Natural Resources (NYSE:PXD) reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:18 PM.
Here's what investors need to know about the announcement.
Pioneer Natural Resources Q2 EPS $9.36 Beats $8.80 Estimate, Sales $4.64B Beat $4.54B Estimate
Pioneer Natural Resources (NYSE:PXD) reported quarterly earnings of $9.36 per share which beat the analyst consensus estimate of $8.80 by 6.36 percent. This is a 267.06 percent increase over earnings of $2.55 per share
Raymond James Maintains Strong Buy on Pioneer Natural Resources, Lowers Price Target to $315
Raymond James analyst John Freeman maintains Pioneer Natural Resources (NYSE:PXD) with a Strong Buy and lowers the price target from $375 to $315.
How Is The Market Feeling About Pioneer Natural Resources?
Pioneer Natural Resources's (NYSE:PXD) short percent of float has fallen 12.16% since its last report. The company recently reported that it has 5.24 million shares sold short, which is 2.24% of all regular shares that are available for trading.
Pioneer Natural Resources Whale Trades Spotted
Someone with a lot of money to spend has taken a bearish stance on Pioneer Natural Resources (NYSE:PXD).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
Piper Sandler Maintains Overweight on Pioneer Natural Resources, Lowers Price Target to $339
Piper Sandler analyst Mark Lear maintains Pioneer Natural Resources (NYSE:PXD) with a Overweight and lowers the price target from $345 to $339.
Morgan Stanley Maintains Equal-Weight on Pioneer Natural Resources, Lowers Price Target to $274
Morgan Stanley analyst Devin McDermott maintains Pioneer Natural Resources (NYSE:PXD) with a Equal-Weight and lowers the price target from $285 to $274.
B of A Securities Downgrades Pioneer Natural Resources to Underperform, Lowers Price Target to $244
B of A Securities analyst Doug Leggate downgrades Pioneer Natural Resources (NYSE:PXD) from Neutral to Underperform and lowers the price target from $272 to $244.
$1000 Invested In Pioneer Natural Resources 20 Years Ago Would Be Worth This Much Today
Pioneer Natural Resources (NYSE:PXD) has outperformed the market over the past 20 years by 4.29% on an annualized basis producing an average annual return of 12.25%. Currently, Pioneer Natural Resources has a market capitalization of $51.48 billion.
Wells Fargo Maintains Overweight on Pioneer Natural Resources, Lowers Price Target to $283
Wells Fargo analyst Nitin Kumar maintains Pioneer Natural Resources (NYSE:PXD) with a Overweight and lowers the price target from $289 to $283.