The Executive Chairman of the Boar of Pioneer Natural (NYSE: PXD) is Selling Shares

Yesterday, the Executive Chairman of the Boar of Pioneer Natural (NYSE: PXD), Scott Sheffield, sold shares of PXD for $805.7K.

In addition to Scott Sheffield, one other PXD executive reported Sell trades in the last month.

Based on Pioneer Natural’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $1.58 billion and GAAP net loss of $23 million. In comparison, last year the company earned revenue of $1.09 billion and had a net profit of $22 million. The company has a one-year high of $199.83 and a one-year low of $125.46. PXD’s market cap is $26.7B and the company has a P/E ratio of 219.56.

Based on 13 analyst ratings, the analyst consensus is Strong Buy with an average price target of $186.08, reflecting a -16.0% 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 neutral according to 92 insider trades in the past three months. This sentiment is slightly 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 involves in the development, and production of oil and gas reserves. The company was founded in August 1997 and is headquartered in Irving, TX.

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