NEW YORK ( TheStreet) -- The ex-dividend date for Pioneer Natural Resources Company (NYSE: PXD) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $105.35 as of 9:35 a.m. ET, the dividend yield is 0.1%. The average volume for Pioneer Natural has been two million shares per day 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 17.3% year to date as of the close of trading on Monday. 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 29.5, above the average energy industry P/E ratio of 11.4 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Pioneer Natural as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Pioneer Natural Ratings Report. See our dividend calendar or top-yielding stocks list.