Today, the EVP, Corporate of Pioneer Natural (NYSE: PXD), Mark Stephen Berg, sold shares of PXD for $530.8K.
In addition to Mark Stephen Berg, 12 other PXD executives reported Sell trades in the last month. Following Mark Stephen Berg’s last PXD Sell transaction on May 14, 2018, the stock climbed by 8.0%.
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Based on Pioneer Natural’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $2.34 billion and quarterly net profit of $177 million. In comparison, last year the company earned revenue of $1.29 billion and had a GAAP net loss of $42 million. PXD’s market cap is $35.73B and the company has a P/E ratio of 34.12. Currently, Pioneer Natural has an average volume of 1.37M.
Based on 14 analyst ratings, the analyst consensus is Strong Buy with an average price target of $231.64, reflecting a -9.4% downside. Three different firms, including Barclays and Societe Generale, currently also have a Sell rating on the stock.
The insider sentiment on Pioneer Natural has been negative according to 108 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Pioneer Natural Resources Co. engages in the provision of oil and gas exploration. It focuses in the operation of Permian Basin, Eagle Ford Shale, Rockies, and West Panhandle projects. The company was founded in August 1997 and is headquartered in Irving, TX.
