At the end of the latest market close, Pioneer Natural Resources Company (PXD) was valued at $95.66. In that particular session, Stock kicked-off at the price of $96.95 while reaching the peak value of $98.21 and lowest value recorded on the day was $95.63. The stock current value is $96.59.
Recently in News on May 26, 2020, Pioneer Natural Resources Announces Early Results and Upsizing of Debt Tender Offers. Pioneer Natural Resources Company (NYSE: PXD) (“Pioneer” or the “Company”) announced today the early results and upsizing of Pioneer’s previously announced cash tender offers (the “Tender Offers”) to purchase up to an amended Aggregate Maximum Tender Amount (as defined below) of its outstanding 3.45% senior notes due 2021 (the “2021 Notes”), 3.95% senior notes due 2022 (the “2022 Notes”) and 7.20% senior notes due 2028 (the “2028 Notes”) (collectively, the “Notes”). The Company has amended the Aggregate Maximum Tender Amount to increase the aggregate principal amount of Notes subject to the Tender Offers (the “Aggregate Maximum Tender Amount”) from $500 million to $724,587,000, which, based on information provided by D.F. King and Co., the tender agent for the Tender Offers, was the aggregate principal amount of Notes that were validly tendered (and not validly withdrawn) at or prior to 5:00 p.m., New York City time, on May 22, 2020 (the “Early Tender Date”). All other terms of the Tender Offers remain unchanged. You can read further details here
Pioneer Natural Resources Company had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $159.01 on 01/06/20, with the lowest value was $48.62 for the same time period, recorded on 03/18/20.
Pioneer Natural Resources Company (PXD) full year performance was -31.04%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Pioneer Natural Resources Company shares are logging -39.26% during the 52-week period from high price, and 98.66% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $48.62 and $159.01.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 1834206 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Pioneer Natural Resources Company (PXD) recorded performance in the market was -36.19%, having the revenues showcasing 28.92% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 15.76B, as it employees total of 3149 workers.
Specialists analysis on Pioneer Natural Resources Company (PXD)
During the last month, 30 analysts gave the Pioneer Natural Resources Company a BUY rating, 4 of the polled analysts branded the stock as an OVERWEIGHT, 3 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 88.62, with a change in the price was noted -45.66. In a similar fashion, Pioneer Natural Resources Company posted a movement of -32.10% for the period of last 100 days, recording 2,924,545 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for PXD is recording 0.22 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.18.
Trends and Technical analysis: Pioneer Natural Resources Company (PXD)
Raw Stochastic average of Pioneer Natural Resources Company in the period of last 50 days is set at 49.86%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 63.36%. In the last 20 days, the company’s Stochastic %K was 41.49% and its Stochastic %D was recorded 25.62%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -36.19%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -34.19%, alongside a downfall of -31.04% for the period of the last 12 months. The shares increased approximately by 0.00% in the 7-day charts and went down by 1.09% in the period of the last 30 days. Common stock shares were driven by 28.92% during last recorded quarter.