Pioneer Natural Resources Company (PXD): Today's Featured Energy Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Pioneer Natural Resources Company ( PXD) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day up 0.5%. By the end of trading, Pioneer Natural Resources Company fell $3.32 (-1.6%) to $199.99 on average volume. Throughout the day, 1,399,479 shares of Pioneer Natural Resources Company exchanged hands as compared to its average daily volume of 1,732,400 shares. The stock ranged in price between $198.72-$204.50 after having opened the day at $203.23 as compared to the previous trading day's close of $203.31. Other companies within the Energy industry that declined today were: Camac Energy ( CAK), down 8.9%, Atlas Energy ( ATLS), down 7.9%, ZaZa Energy ( ZAZA), down 6.5% and Dejour Energy ( DEJ), down 6.1%.

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 Company has a market cap of $29.1 billion and is part of the basic materials sector. Shares are up 10.4% year to date as of the close of trading on Thursday. Currently there are 16 analysts that rate Pioneer Natural Resources Company a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Pioneer Natural Resources Company as a hold. 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.

On the positive front, Forbes Energy Services ( FES), up 11.0%, Profire Energy ( PFIE), up 9.5%, Magellan Petroleum Corporation ( MPET), up 8.8% and Abraxas Petroleum Corporation ( AXAS), up 6.4% , were all gainers within the energy industry with Schlumberger ( SLB) being today's featured energy industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR ( XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas ( DDG).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you liked this article you might like

Best Gains for Pioneer Natural Resources May Have Been Seen

Best Gains for Pioneer Natural Resources May Have Been Seen

Live From NAPE: Oil and Gas Drillers Excited About $60 Oil

Live From NAPE: Oil and Gas Drillers Excited About $60 Oil

3 Game-Changing Areas Where Warren Buffett Should Spend Berkshire's Tax Windfall

3 Game-Changing Areas Where Warren Buffett Should Spend Berkshire's Tax Windfall

Market's Animal Spirits Roar: Cramer's 'Mad Money' Recap (Thursday 1/11/18)

Market's Animal Spirits Roar: Cramer's 'Mad Money' Recap (Thursday 1/11/18)

Cramer: This Market Is Making Strange Bedfellows

Cramer: This Market Is Making Strange Bedfellows