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) pushed the Basic Materials sector lower today making it today's featured Basic Materials laggard. The sector as a whole was unchanged today. By the end of trading, Pioneer Natural Resources fell $2.81 (-1.4%) to $193.27 on light volume. Throughout the day, 958,522 shares of Pioneer Natural Resources exchanged hands as compared to its average daily volume of 1,670,400 shares. The stock ranged in price between $191.00-$194.65 after having opened the day at $194.62 as compared to the previous trading day's close of $196.08. Other companies within the Basic Materials sector that declined today were:
), down 52.2%,
), down 7.0%,
), down 7.0% and
), down 6.5%.
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Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company produces and sells oil, natural gas liquids (NGL), and gas. Pioneer Natural Resources has a market cap of $27.4 billion and is part of the energy industry. Shares are up 4.0% year to date as of the close of trading on Tuesday. Currently there are 16 analysts that rate Pioneer Natural Resources a buy, no analysts rate it a sell, and 9 rate it a hold.
TheStreet Ratings rates
Pioneer Natural Resources
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share.
- You can view the full Pioneer Natural Resources Ratings Report.
On the positive front,
), up 21.5%,
), up 9.9%,
), up 9.2% and
), up 9.1% , were all gainers within the basic materials sector with
) being today's featured basic materials sector leader.
- Use our basic materials section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the basic materials sector could consider
) while those bearish on the basic materials sector could consider
- Find other investment ideas from our top rated ETFs lists.