PXD Stock Recent News
PXD LATEST HEADLINES
The headline numbers for Pioneer Natural Resources (PXD) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Since Pioneer Natural (PXD) is a leading upstream energy firm, the favorable oil price is likely to have aided Q3 earnings.
Favorable commodity prices and production are likely to have aided Pioneer Natural???s (PXD) upstream activities in Q3.
In the most recent trading session, Pioneer Natural Resources (PXD) closed at $245.16, indicating a +0.09% shift from the previous trading day.
In the closing of the recent trading day, Pioneer Natural Resources (PXD) stood at $255.23, denoting a +1.35% change from the preceding trading day.
Pioneer Natural Resources (PXD) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Bloomberg TV's Alix Steel and Fernando Valle of Bloomberg Intelligence detail Exxon Mobil's biggest deal since 1999 and explain the mega-merger's impact on the global energy market, specifically when it comes to shale production. Get in-depth stories from business to finance on the Bloomberg Businessweek podcast: Apple: bit.ly/3IPl60i Spotify: bit.ly/3WGFd6B Anywhere: bit.ly/42xo9kZ
Stocks are up today as investors are hopeful that the Federal Reserve is finally done with interest rate increases. This is despite wholesale inflation increasing by 2.2% year-over-year in September.
Petrie Partners, a boutique advisory firm known to few outside the energy industry, advised on Pioneer Natural Resources Co's $60 billion sale to Exxon Mobil , this year's biggest deal, alongside major investment banks.
Exxon Mobil is looking to expand its gas production in Texas with a massive $60 billion merger.