NEW YORK (

TheStreet

) --

Pioneer Natural Resources Company

(NYSE:

PXD

) hit a new 52-week high Monday as it is currently trading at $106.21, above its previous 52-week high of $106.07 with 1.1 million shares traded as of 12:35 p.m. ET. Average volume has been two million shares over the past 30 days.

Pioneer Natural has a market cap of $11.48 billion and is part of the

basic materials

sector and

energy

industry. Shares are up 16.7% year to date as of the close of trading on Friday.

Pioneer Natural Resources Company engages in the exploration and production of oil and gas in the United States and South Africa. The company produces and sells oil, natural gas liquids (NGL), and gas. The company has a P/E ratio of 22.7, above the average energy industry P/E ratio of 11.4 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Pioneer Natural as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins, good cash flow from operations, compelling growth in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full

Pioneer Natural Ratings Report

.

See all

52-week high stocks

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