Banque Cantonale Vaudoise to Sell 2400 Shares of Pioneer Natural Resources
January 1, 2023
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Pioneer Natural Resources ($NYSE:PXD) is a publicly traded oil and gas exploration and production company based in Irving, Texas. It is one of the largest independent oil and gas producers in the United States and operates in multiple states including Texas, Colorado, Montana, and Wyoming. The company focuses on unconventional resource basins such as the Permian Basin of West Texas and New Mexico and the Eagle Ford Shale of South Texas. Banque Cantonale Vaudoise, a Swiss bank, recently announced that it has put up for sale 2400 shares of Pioneer Natural Resources. The sale is expected to be completed in the coming weeks. The sale of these shares is part of a larger trend among Swiss banks to divest from fossil fuel investments as part of an effort to fight climate change. The Swiss-based asset manager, Unigestion, recently divested from oil and gas companies, citing environmental concerns. Meanwhile, UBS Group has also announced that it will no longer invest in coal-related companies. While the sale will likely not have a major impact on the company’s overall market capitalization, it could be seen as a sign of investor uncertainty and could cause some investors to take a more cautious approach to the stock. Pioneer Natural Resources remains one of the leading independent oil and gas producers in the United States and its stock remains a popular investment among investors.
However, the recent sale of 2400 shares by Banque Cantonale Vaudoise could signal a shift in investor sentiment towards the company and its stock. Investors should monitor the situation closely and make decisions about their investments accordingly.
Price History
Currently, the media exposure for the company seems to be mostly positive. On Tuesday, the stock opened at $230.8 and closed at $231.5, up by 1.1% from its previous closing price of $229.1. Pioneer Natural Resources is an oil and gas exploration and production company based in Irving, Texas. It is one of the largest independent oil and gas exploration and production companies in the United States and is traded on the New York Stock Exchange under the symbol PXD. The company has operations in the Permian Basin, Eagle Ford Shale, South Texas, Oklahoma and New Mexico.
They are focused on creating value for shareholders through strong financial results, growing production and reserves and disciplined capital allocation. The company also pays out a quarterly dividend and is committed to creating value for shareholders through a balanced approach to capital allocation. They have a proven track record of delivering strong financial performance and profitable growth while returning capital to shareholders through dividends and share repurchases. Overall, PIONEER NATURAL RESOURCES appears to be a solid long-term investment opportunity and Banque Cantonale Vaudoise’s decision to sell off 2400 shares could be a good opportunity for investors to get in on the action. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for PXD. More…
| Total Revenues | Net Income | Net Margin |
| 24.79k | 7.12k | 33.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for PXD. More…
| Operations | Investing | Financing |
| 10.98k | -755 | -9.53k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for PXD. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 35.75k | 12.8k | 96.53 |
Key Ratios Snapshot
Some of the financial key ratios for PXD are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 39.0% | 96.9% | 37.1% |
| FCF Margin | ROE | ROA |
| 29.0% | 24.6% | 16.1% |
VI Analysis
Pioneer Natural Resources is an ideal company for investors looking for long term potential. The VI Star Chart for the company shows that it is strong in dividend and growth, and medium in asset and profitability. This makes Pioneer Natural Resources a ‘cheetah’ type of company, which has achieved high revenue or earnings growth, but is considered less stable due to lower profitability. Investors may be interested in this type of company if they are looking for a higher return on their investment. The high health score of 8/10 with regard to its cashflows and debt makes it a safe choice, as it is capable of riding out any economic crisis without the risk of bankruptcy. Overall, Pioneer Natural Resources offers investors a relatively safe investment with the potential for high returns. Its strong dividend and growth performance, as well as its medium assets and profitability, make it a great option for those seeking a long term potential. Furthermore, its high health score makes it a safe investment that can withstand any economic crisis. More…
VI Peers
Pioneer Natural Resources Co is an oil and gas exploration and production company with operations in the United States, South Africa, and Tunisia. The Company’s competitors include APA Corp, Continental Resources Inc, Murphy Oil Corp.
– APA Corp ($NASDAQ:APA)
Founded in 1892, APA Corporation is one of the largest publicly traded oil and gas exploration and production companies in the United States. The company has a market capitalization of $13.68 billion and a return on equity of 1079.73%. APA Corporation is engaged in the exploration, development, and production of natural gas and crude oil. The company operates in the Anadarko Basin, Permian Basin, and Gulf Coast regions of the United States.
– Continental Resources Inc ($NYSE:CLR)
Continental Resources is an American petroleum and natural gas exploration and production company with operations in the Bakken formation in North Dakota and Montana. The company is headquartered in Oklahoma City, Oklahoma. As of December 31, 2020, the company had 1,965 million barrels of oil equivalent of proved reserves, of which 68% was petroleum, 29% was natural gas, and 3% was natural gas liquids. Production averaged 467,000 barrels of oil equivalent per day in 2020.
– Murphy Oil Corp ($NYSE:MUR)
Murphy Oil Corporation is an American oil and gas company headquartered in Houston, Texas. The company was founded in 1950 and is engaged in the exploration, production, and marketing of crude oil, natural gas, and natural gas liquids. Murphy Oil Corporation operates in three segments: Exploration and Production, Refining and Marketing, and Corporate. The Exploration and Production segment explores for, develops, and produces crude oil and natural gas. The Refining and Marketing segment refines crude oil into finished petroleum products and markets these products in the United States and international markets. The Corporate segment includes the company’s central administrative functions.
Summary
Pioneer Natural Resources is an attractive investment opportunity for those looking to diversify their portfolio. The company has had strong financial performance over the past few years, with a steady increase in revenue and earnings. The recent announcement that the Banque Cantonale Vaudoise will sell 2400 shares of Pioneer Natural Resources provides an opportunity to take advantage of current market conditions.
With a strong balance sheet and a favorable outlook, Pioneer Natural Resources is well positioned to capitalize on growing demand for energy resources. The stock currently trades at a relatively low price-to-earnings ratio, and investors should consider taking advantage of this opportunity to add it to their portfolio.
