Pioneer Natural Resources Company (NYSE:PXD) will begin trading ex-dividend on September 29, 2020. The quarterly dividend payment of $ 0.55 per share is scheduled to be paid on October 14, 2020. The dividend yield based on the latest trading day closing price was 2.56 %. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date..
Dividends History
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Pioneer Natural Resources Company recently reported second quarter financial results on August 4, 2020, after market close, the Irving based company came out with loss for the second quarter of $ 0.32 per share, from the revenue of $ 600.00 million. The quarterly revenues shrunk 49.83 percent compared with the same quarter last year. According to street consensus, PXD was expected to report 2Q20 loss of $ 0.35 per share from revenue of $ 691.14 million. The bottom line results beat street analysts by $ 0.03 or 8.57 percent, at the same time, top line results fell short of analysts by $ 91.14 million or 13.19 percent.
Stock Performance
Shares of Pioneer Natural Resources Company traded low $ -0.66 or -0.76 percent on Friday, reaching $ 85.90 with volume of 1.22 million shares. Pioneer Natural Resources Company has traded high as $ 86.50 and has cracked $ 84.54 on the downward trend
According to the previous trading day, closing price of $ 85.90, representing a 78.03 % increase from the 52 week low of $ 48.62 and a 45.56 % decrease over the 52 week high of $ 159.01.
The company has a market capital of $ 14.11 billion and is part of the Energy sector and Oil & Gas E&P industry.
Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company explores for, develops, and produces oil, natural gas liquids (NGLs), and gas. It has operations primarily in the Permian Basin in West Texas.
