Pioneer Natural Resources Company (NYSE:PXD) traded today at a new 52-week high of $158.36. So far today approximately 950,000 shares have been exchanged, as compared to an average 30-day volume of 2.7 million shares.
Headquartered in Irving, Texas, Pioneer Natural Resources is an independent exploration and production company with operations throughout the southern and central United States. Following planned divestitures, Pioneer will be exclusively focused on the Midland portion of the Permian Basin in Texas. At year-end 2019, Pioneer’s proven reserves were 1.1 billion barrels of oil equivalent with net production for the year of 346 mboe per day. Oil and natural gas liquids represented 82% of production.
In the past 52 weeks, shares of Pioneer Natural Resources Company have traded between a low of $48.62 and a high of $158.36 and is now at $155.51, which is 220% above that low price.
Pioneer Natural Resources Company (NYSE:PXD) is currently priced 4.6% above its average consensus analyst price target of $148.43.
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