Pioneer Natural Stock Hits New 52-Week High (PXD) - TheStreet

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

.

NEW YORK (

TheStreet

) --

Pioneer Natural Resources Company

(NYSE:

PXD

) hit a new 52-week high Thursday as it is currently trading at $148.34, above its previous 52-week high of $147.99 with 80,073 shares traded as of 9:35 a.m. ET. Average volume has been 1.5 million shares over the past 30 days.

Pioneer Natural has a market cap of $20.21 billion and is part of the basic materials sector and energy industry. Shares are up 38.1% year to date as of the close of trading on Wednesday.

Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States and South Africa. The company produces and sells oil, natural gas liquid (NGL), and gas. The company has a P/E ratio of 672.8, above the S&P 500 P/E ratio of 17.7.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates

Pioneer Natural

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and solid stock price performance. 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

or get investment ideas from our

investment research center

.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

.

null