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Pioneer Natural Resources (NYSE:PXD) was downgraded by TheStreet from a “buy” rating to a “hold” rating in a research note issued on Wednesday, reports.

The analysts wrote, “Pioneer Natural Resources Company (PXD) has been downgraded by TheStreet Ratings from buy to hold. The company’s strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and generally higher debt management risk.”

A number of other firms have also recently commented on PXD. Analysts at Prime Executions cut their price target on shares of Pioneer Natural Resources from $160.00 to $154.00 in a research note on Wednesday. They now have a “sell” rating on the stock. Separately, analysts at UBS AG cut their price target on shares of Pioneer Natural Resources from $225.00 to $210.00 in a research note on Tuesday. They now have a “buy” rating on the stock. Finally, analysts at Goldman Sachs reiterated a “buy” rating on shares of Pioneer Natural Resources in a research note on Tuesday. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $203.43.

Pioneer Natural Resources (NYSE:PXD) traded up 0.49% during mid-day trading on Wednesday, hitting $181.54. The stock had a trading volume of 471,730 shares. Pioneer Natural Resources has a one year low of $109.18 and a one year high of $227.42. The stock’s 50-day moving average is $176.3 and its 200-day moving average is $183.8. The company’s market cap is $25.291 billion. Pioneer Natural Resources also saw unusually large options trading activity on Monday. Stock traders purchased 6,374 put options on the stock. This is an increase of 279% compared to the average daily volume of 1,680 put options.

Pioneer Natural Resources (NYSE:PXD) last posted its quarterly earnings results on Tuesday, February 11th. The company reported $1.00 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $1.00. The company had revenue of $970.80 million for the quarter, compared to the consensus estimate of $908.89 million. During the same quarter in the prior year, the company posted $0.83 earnings per share. The company’s quarterly revenue was up 21.8% on a year-over-year basis. Analysts expect that Pioneer Natural Resources will post $4.99 EPS for the current fiscal year.

Pioneer Natural Resources Company (NYSE:PXD) is an independent oil and gas exploration and production company with operations in the United States and South Africa.

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