Analysts See $0.31 EPS for Pioneer Natural Resources (PXD)

July 18, 2017 - By Peter Erickson

 Analysts See $0.31 EPS for Pioneer Natural Resources (PXD)
Investors sentiment increased to 1.18 in 2016 Q4. Its up 0.05, from 1.13 in 2016Q3. It increased, as 52 investors sold Pioneer Natural Resources shares while 218 reduced holdings. 90 funds opened positions while 228 raised stakes. 153.71 million shares or 0.22% less from 154.05 million shares in 2016Q3 were reported.
Gateway Inv Advisers Ltd Liability invested in 0.02% or 14,292 shares. Northern Trust Corporation accumulated 1.94 million shares or 0.11% of the stock. Tci Wealth Advsr Inc owns 537 shares or 0.05% of their US portfolio. Bnp Paribas Inv Prtnrs Sa holds 0.06% or 35,826 shares in its portfolio. Virtus Investment Advisers holds 18,017 shares. Augustine Asset Mgmt Inc holds 16,745 shares or 2.26% of its portfolio. Personal Capital Advisors holds 0.04% or 7,791 shares in its portfolio. State Street has invested 0.19% in Pioneer Natural Resources (NYSE:PXD). Magnetar Fincl reported 1.7% of its portfolio in Pioneer Natural Resources (NYSE:PXD). Macquarie Grp Ltd, a Australia-based fund reported 78,068 shares. Duncker Streett And Co accumulated 2,900 shares. American Intll Grp has invested 0.04% in Pioneer Natural Resources (NYSE:PXD). Adams Natural Res Fund reported 80,800 shares. Williams Jones And Associates Limited accumulated 4,587 shares or 0.02% of the stock. Janus Capital Limited holds 750,568 shares.

Since February 13, 2017, it had 0 insider purchases, and 11 sales for $5.35 million activity. 1,758 shares were sold by KLEINMAN MARK H, worth $327,410. $1.16 million worth of Pioneer Natural Resources (NYSE:PXD) shares were sold by CHEATWOOD CHRIS J. Another trade for 1,200 shares valued at $231,852 was made by DOVE TIMOTHY L on Saturday, February 18. $591,990 worth of stock was sold by SHEFFIELD SCOTT D on Tuesday, February 14. $196,428 worth of Pioneer Natural Resources (NYSE:PXD) was sold by RISCH FRANK A. 900 Pioneer Natural Resources (NYSE:PXD) shares with value of $171,900 were sold by Stewart Stephanie D. The insider BERG MARK STEPHEN sold $291,330.

Analysts expect Pioneer Natural Resources (NYSE:PXD) to report $0.31 EPS on July, 26.They anticipate $0.53 EPS change or 240.91 % from last quarter’s $-0.22 EPS. PXD’s profit would be $52.83M giving it 131.31 P/E if the $0.31 EPS is correct. After having $0.25 EPS previously, Pioneer Natural Resources’s analysts see 24.00 % EPS growth. The stock increased 1.17% or $1.89 during the last trading session, reaching $162.83. About 1.19 million shares traded. Pioneer Natural Resources (NYSE:PXD) has risen 8.46% since July 18, 2016 and is uptrending. It has underperformed by 8.24% the S&P500.

Pioneer Natural Resources (NYSE:PXD) Ratings Coverage

Among 31 analysts covering Pioneer Natural Resources (NYSE:PXD), 28 have Buy rating, 1 Sell and 2 Hold. Therefore 90% are positive. Pioneer Natural Resources had 93 analyst reports since July 21, 2015 according to SRatingsIntel. On Wednesday, June 21 the stock rating was maintained by BMO Capital Markets with “Buy”. Credit Suisse maintained Pioneer Natural Resources (NYSE:PXD) on Friday, August 7 with “Outperform” rating. The stock of Pioneer Natural Resources (NYSE:PXD) has “Outperform” rating given on Wednesday, January 6 by RBC Capital Markets. The stock of Pioneer Natural Resources (NYSE:PXD) has “Neutral” rating given on Thursday, October 6 by Mizuho. The firm has “Buy” rating by Citigroup given on Thursday, April 7. Societe Generale upgraded the stock to “Hold” rating in Wednesday, January 11 report. The firm has “Overweight” rating given on Tuesday, August 2 by Barclays Capital. JP Morgan initiated the shares of PXD in report on Wednesday, December 9 with “Overweight” rating. The firm has “Buy” rating given on Friday, February 12 by Wunderlich. The firm has “Outperform” rating by Bernstein given on Wednesday, August 17.

Pioneer Natural Resources Company is an gas and oil exploration and production company. The company has market cap of $27.75 billion. The Firm explores for, develops and produces oil, natural gas liquids and gas within the United States, with activities 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. It currently has negative earnings. As of December 31, 2016, the Company owned interests in eight gas processing plants and nine treating facilities.

More notable recent Pioneer Natural Resources (NYSE:PXD) news were published by: Nasdaq.com which released: “Swedbank Buys Applied Materials Inc, Prologis Inc, Pioneer Natural Resources …” on July 12, 2017, also Bna.com with their article: “Pioneer Natural Resources Sued Over 401(k) Fees” published on June 30, 2017, Reuters.com published: “US shale CEO sees Saudi Arabia moving to lift oil prices” on June 27, 2017. More interesting news about Pioneer Natural Resources (NYSE:PXD) were released by: Seekingalpha.com and their article: “Contemplating Pioneer Natural Resources’ Growth Vs. Outspend Situation” published on July 06, 2017 as well as Fool.com‘s news article titled: “Why Pioneer Natural Resources Investors Should Be Wary of Slumping Crude Prices” with publication date: June 28, 2017.

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