Pioneer Natural Resources Company (PXD) Stake Increased by Exencial Wealth Advisors LLC

Exencial Wealth Advisors LLC raised its position in Pioneer Natural Resources Company (NYSE:PXD) by 12.1% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 14,207 shares of the oil and gas development company’s stock after acquiring an additional 1,535 shares during the period. Exencial Wealth Advisors LLC’s holdings in Pioneer Natural Resources were worth $2,096,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Cadence Capital Management LLC lifted its stake in shares of Pioneer Natural Resources by 0.5% in the 2nd quarter. Cadence Capital Management LLC now owns 6,003 shares of the oil and gas development company’s stock worth $958,000 after acquiring an additional 30 shares during the period. Stratos Wealth Partners LTD. lifted its stake in shares of Pioneer Natural Resources by 2.6% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 1,565 shares of the oil and gas development company’s stock worth $250,000 after acquiring an additional 40 shares during the period. Nordea Investment Management AB lifted its stake in shares of Pioneer Natural Resources by 0.5% in the 2nd quarter. Nordea Investment Management AB now owns 8,003 shares of the oil and gas development company’s stock worth $1,277,000 after acquiring an additional 41 shares during the period. Intrust Bank NA lifted its stake in shares of Pioneer Natural Resources by 2.6% in the 2nd quarter. Intrust Bank NA now owns 1,683 shares of the oil and gas development company’s stock worth $269,000 after acquiring an additional 43 shares during the period. Finally, Edmond DE Rothschild Holding S.A. lifted its stake in shares of Pioneer Natural Resources by 0.9% in the 2nd quarter. Edmond DE Rothschild Holding S.A. now owns 5,043 shares of the oil and gas development company’s stock worth $805,000 after acquiring an additional 43 shares during the period. Institutional investors own 89.53% of the company’s stock.

Several analysts have recently commented on PXD shares. BidaskClub cut shares of Pioneer Natural Resources from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 25th. Zacks Investment Research cut shares of Pioneer Natural Resources from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Wells Fargo & Company cut shares of Pioneer Natural Resources from an “outperform” rating to a “market perform” rating and reduced their target price for the stock from $190.00 to $160.00 in a research note on Wednesday, August 2nd. Williams Capital set a $184.00 target price on shares of Pioneer Natural Resources and gave the stock a “hold” rating in a research note on Wednesday, August 2nd. Finally, Capital One Financial Corporation restated an “overweight” rating on shares of Pioneer Natural Resources in a research note on Wednesday, August 2nd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and twenty-two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $194.07.

Shares of Pioneer Natural Resources Company (NYSE PXD) traded up $1.18 during midday trading on Monday, hitting $152.22. 952,600 shares of the stock were exchanged, compared to its average volume of 1,882,069. The stock has a market capitalization of $25,890.00, a P/E ratio of 106.45, a PEG ratio of 10.35 and a beta of 0.96. Pioneer Natural Resources Company has a 1-year low of $125.46 and a 1-year high of $199.83. The company has a current ratio of 1.69, a quick ratio of 1.58 and a debt-to-equity ratio of 0.22.

Pioneer Natural Resources (NYSE:PXD) last issued its quarterly earnings results on Wednesday, November 1st. The oil and gas development company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.18. The business had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.15 billion. Pioneer Natural Resources had a net margin of 2.17% and a return on equity of 2.34%. The company’s quarterly revenue was up 23.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.13 earnings per share. analysts expect that Pioneer Natural Resources Company will post 1.44 EPS for the current fiscal year.

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In other news, EVP Jerome D. Hall, Jr. sold 1,800 shares of Pioneer Natural Resources stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $155.23, for a total transaction of $279,414.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Mark Stephen Berg sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $160.79, for a total transaction of $321,580.00. Following the completion of the sale, the executive vice president now owns 50,719 shares of the company’s stock, valued at $8,155,108.01. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 18,490 shares of company stock valued at $2,926,897. Insiders own 0.89% of the company’s stock.

Pioneer Natural Resources Profile

Pioneer Natural Resources Company is an oil and gas exploration and production company. The Company explores for, develops and produces oil, natural gas liquids (NGLs) and gas within the United States, with operations 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.

Institutional Ownership by Quarter for Pioneer Natural Resources (NYSE:PXD)

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