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Pioneer Natural Resources Company (PXD) Climbs to Annual-High Share Price

By: Investor Brand Network

Pioneer Natural Resources Company (NYSE:PXD) traded at a new 12-month high today of $242.19. So far today approximately 351,000 shares have been exchanged, as compared to an average 30-day volume of 2.7 million shares.

Pioneer Natural Resources Company is currently priced 4.2% above its average consensus analyst price target of $229.63.

Headquartered in Irving, Texas, Pioneer Natural Resources is an independent oil and gas exploration and production company focusing on the Permian Basin in Texas. At year-end 2021, Pioneer’s proven reserves were 2.2 billion barrels of oil equivalent with net production for the year of 612 mboe per day. Oil and natural gas liquids represented 68% of production.

In the past 12 months, Pioneer Natural Resources Company share prices are bracketed by a low of $133.73 and a high of $242.19 and are now at $239.61, 79% above that low price.

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