Pioneer Natural Resources Company (NYSE:PXD) hit a new 52-week high Friday as it is currently trading at $127.46, above its previous 52-week high of $125.37 with 290,711 shares traded as of 10:11 a.m. ET. Average volume has been 1.4 million shares over the past 30 days.
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 Friday as it is currently trading at $127.46, above its previous 52-week high of $125.37 with 290,711 shares traded as of 10:11 a.m. ET. Average volume has been 1.4 million shares over the past 30 days. Pioneer Natural has a market cap of $15.42 billion and is part of the basic materials sector and energy industry. Shares are up 14.1% year to date as of the close of trading on Thursday. 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 55.3, 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 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 all 52-week high stocks or get investment ideas from our investment research center. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.