Pioneer Natural Resources Stock: Buy, Sell, or Hold?
Pioneer Natural Resources (NYSE: PXD) operates in the highly volatile energy sector. It's an area where investors need to go in recognizing the inherent swings they'll face as oil prices rise and fall. But when it comes to Pioneer, there's an added twist on the dividend front. And if you don't know what it is, it'll be hard to make a good buy, sell, or hold decision around the stock.
Pioneer is an upstream energy producer. That means all it does is drill for oil and natural gas, which are highly volatile commodities. This is different from a company like (NYSE: CVX), where the business spans the upstream, midstream (pipelines), and downstream (chemicals and refining) segments of the industry. Chevron's diversification helps to soften the financial peaks and valleys. Pioneer's financial results are subject to more dramatic highs and lows.
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Source Fool.com
Chevron Corp. Stock
The stock is an absolute favorite of our community with 26 Buy predictions and no Sell predictions.
As a result the target price of 179 € shows a positive potential of 23.3% compared to the current price of 145.18 € for Chevron Corp..
