Pioneer Natural Resources Company: The Winning Streak Continues

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Shares of Pioneer Natural Resources Company PXD traded at a new 12-month high today of $246.06. Approximately 771,000 shares have changed hands today, as compared to an average 30-day volume of 2.7 million shares.

In the past 12 months, Pioneer Natural Resources Company share prices are bracketed by a low of $133.73 and a high of $246.06 and are now at $245.66, 84% above that low price.

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.

Pioneer Natural Resources Company defies analysts with a current price ($245.66) 1.8% above its average consensus price target of $241.24.

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This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice.

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