Pioneer Natural Resources Co (PXD): Timothy L Dove , President & COO of Pioneer Natural Resources Co sold 57,363 shares on Sep 20, 2016. The Insider selling transaction was reported by the company on Sep 22, 2016 to the Securities and Exchange Commission. The shares were sold at $176.36 per share for a total value of $10112359 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 22, 2016, Jerome D Jr Hall (EVP, Permian Operations) sold 1,000 shares at $183.24 per share price.On Aug 16, 2016, Scott D Sheffield (Chairman & CEO) sold 20,000 shares at $175.81 per share price.Also, On Aug 16, 2016, Mark Stephen Berg (EVP, Corporate/Operations) sold 2,000 shares at $174.32 per share price.On Aug 16, 2016, Mark H Kleinman (SVP, General Counsel) sold 1,500 shares at $175.38 per share price.
Shares of Pioneer Natural Resources (PXD) ended Tuesday, Sep 21, 2016 session in red amid volatile trading. The shares closed down -0.75 points or -0.42% at $175.75 with 15,91,733 shares getting traded. Post opening the session at $176.39, the shares hit an intraday low of $174.735 and an intraday high of $177.93 and the price vacillated in this range throughout the day. The company has a market cap of $29,809 M and the number of outstanding shares has been calculated to be 16,96,07,880 shares. The 52-week high of Pioneer Natural Resources is $190.94 and the 52-week low is $103.5.
On Aug 25, 2016, Pioneer Natural Resources announced a cash dividend of $0.0400. The company’s management has announced Sep 28, 2016 as the ex-dividend date and fixed the record date on Sep 30, 2016. The payable date has been fixed on Oct 12, 2016.
Company has been under the radar of several Street Analysts.Pioneer Natural Resources is Initiated by Williams Capital Group to Buy and the brokerage firm has set the Price Target at $217. The Rating was issued on Aug 29, 2016.Pioneer Natural Resources is Initiated by Bernstein to Outperform. The Rating was issued on Aug 17, 2016.Pioneer Natural Resources is Downgraded by Societe Generale to Sell. Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Aug 4, 2016.Pioneer Natural Resources is Upgraded by Barclays to Overweight and the brokerage firm has raised the Price Target to $ 175 from a previous price target of $152 .Earlier the firm had a rating of Equal Weight on the company shares. The Rating was issued on Aug 2, 2016.Pioneer Natural Resources is Upgraded by CapitalOne to Overweight. Earlier the firm had a rating of Equal Weight on the company shares. The Rating was issued on Jul 28, 2016.
Pioneer Natural Resources Company (Pioneer) is an independent oil and gas exploration and production company with operations in the United States. The Company focuses on production of oil natural gas liquid (NGLs) and gas through development drilling production enhancement activities and acquisitions of producing properties. The Company’s properties include Spraberry/Wolfcamp oil field located in West Texas; the liquid-rich Eagle Ford Shale field located in South Texas; Raton gas field located in southern Colorado; the West Panhandle gas and liquids field located in the Texas Panhandle and the Edwards gas field located in South Texas. The Company’s operations include well stimulation and hydraulic fracturing. The Company’s proved reserves include approximately 89 million Bbls (MMBbl) of oil 42 MMBbls of NGLs and 317 billion cubic feet (Bcf) of gas. The Company owns interests in six gas processing plants and eight treating facilities.