Pioneer Natural Resources Was Down 13% Overnight
Pioneer Natural Resources (NYSE: PXD) has been one of the best exploration and production companies in the business, but this quarter's earnings report has a lot of investors second-guessing whether that still holds true.
In this Industry Focus segment, Motley Fool analysts Sean O'Reilly and Taylor Muckerman explain what was so wrong with the report, how warranted the 13% sell-off was, and what these trends say about the future of the company long term.
A full transcript follows the video.
Source: Fool.com
Pioneer Natural Resources Stock
€251.70
0.610%
Based on 5 Buy predictions and 4 Sell predictions the sentiment towards Pioneer Natural Resources is rather balanced.
However, we have a potential of -8.22% for Pioneer Natural Resources as the target price of 231 € is below the current price of 251.7 €.
