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Changes To Pioneer Natural Resources Company (NYSE:PXD) Target Prices

Kelly now forecasts that the firm will post earnings of $0.32 per share for the quarter, up from their previous estimate of $0.30.

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Williams Capital began new coverage on Pioneer Natural Resources Company giving the company a “buy” rating. JPMorgan Chase & Co. raised their price objective on Canadian Natural Resources Limited from C$44.00 to C$46.00 in a report on Monday, July 11th. The latest poll indicate that the company may record earnings of $0.31 per share in looming quarter and $-0.29 during current fiscal.

Shares of Pioneer Natural Resources Co. rose by 0.34% in the last five trading days and 16.31% for the last 4 weeks.

Non-current deferred revenue for Pioneer Natural Resources Company (NYSE:PXD) stood at $42.069 millions for the yearly period ended 2011-12-31 while that of non-current deferred revenue was $42.069 millions for the quarter ended 2011-12-31. Analyst recommendation for this stock stands at 1.70. The company has an Average Rating of 1.64 based on analysts tracked by Thomson Reuters.

05/09/2016 – Canadian Natural Resources Limited had its “overweight” rating reiterated by analysts at Barclays. They now have a Dollars 45 price target on the stock. Analysts at the Credit Suisse have a current rating of Outperform on the shares. KeyBanc Capital Markets maintained the shares of PXD in a report on August 22 with “Overweight” rating. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell The mean price target for the shares of company is at $147.29 while the highest price target suggested by the analysts is $187.00 and low price target is $114.00. The highest analyst price target is $240.00, which implies a gain of 69 percent.

As per the research groups listed in Thomson Reuters survey, Pioneer Natural Resources Company (NYSE:PXD), the stock can touch mean price target of $203.53 in coming period. The stock traded down to $181.10 during the day, due to lack of any buying support eventually closed down at $182.87 with a loss of -0.03% for the day. The 20 day simple moving average is -0.23% and the 200 day simple moving average is 18.59%. Company has a market cap of $35,205 M.

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, October 1st. The number of shares now owned by investors are 241.07 mln. The ex-dividend date is Wednesday, September 14th. This represents a $0.16 annualized dividend and a yield of 0.09%. The Hedge Fund company now holds 4,089 shares of PXD which is valued at $721,790. The stock was purchased at an average cost of C$39.71 per share, for a total transaction of C$39,710.00. Following the transaction, the executive vice president now directly owns 23,428 shares in the company, valued at approximately $3,511,857.20. Also, SVP Mark H. Kleinman sold 1,000 shares of the company’s stock in a transaction dated Thursday, June 30th. Moreover, Spo Advisory Corp has 18.4% invested in the company for 6.08 million shares. The disclosure for this sale can be found here.

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Pioneer Natural Resources Company is an independent gas and oil exploration and production firm with activities in the United States. The Company operates through the oil and gas development, exploration and production segment. The Company focuses on production of oil natural gas liquid (NGLs) and gas through development drilling production enhancement activities and acquisitions of producing properties.

Pioneer Natural Resources