Siebert Williams (NYSE:WMB) Shank & Co analyst Gabriele Sorbara reiterated a Buy rating on Pioneer Natural Resources Company (NYSE:PXD) on Friday, setting a price target of $200, which is approximately 21.51% above the present share price of $164.6.
Sorbara expects Pioneer Natural Resources Company to post earnings per share (EPS) of $0.26 for the second quarter of 2021.
The current consensus among 20 TipRanks analysts is for a Strong Buy rating of shares in Pioneer Natural, with an average price target of $180.4.
The analysts price targets range from a high of $220 to a low of $142.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $2.02 billion and a net profit of $268 million. The company's market cap is $35.65 billion.
According to TipRanks.com, Siebert Williams Shank & Co analyst Gabriele Sorbara is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -6.0% and a 35.01% success rate.
Pioneer Natural Resources Co. Operates as an independent oil and gas exploration and production company. The firm engages in hydrocarbon exploration in the Cline Shale. It focuses in the operation of Permian Basin, Eagle Ford Shale, Rockies, and West Panhandle projects. The firm also maintains an office in Midland, Texas and field offices in its area of operation. The company was founded in August 1997 and is headquartered in Irving, TX.