PXD Stock Forecast: Increasing shareholder value, becomes oversold

PXD Stock Forecast: Increasing shareholder value, becomes oversold

PXD Stock Forecast: The stock is expected to trade between $199.6 and $213.6. The overall recommendation is Hold.

PXD Stock Forecast: Latest Price

PXD Stock Forecast: Performance Chart

Stock Name 5 Days 1 Month 6 Months 1 Year
PXD -11.7% -26.1% 5.9% 34.2%

PXD Stock Forecast: Latest Tweet

PXD Stock Forecast: Today’s Outlook

Indicator Trend
Overall Outlook Negative
Market Data 
Market Cap Lower
Technical Sell
Trading Volume Higher
Crowd’s Wisdom 
Google Search Volume Lower
Social Media Sentiment Positive

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PXD Stock: Latest News

  • Yesterday, PXD stock got an RSI rating of 28.8 – A rating of below 30 indicates that the stock is oversold. The price became as low as $203. In contrast, the readings for competitors like WTI Crude Oil, Henry Hub Natural Gas, and 3-2-1 Crack Spread were above 30.
  • Goldman analyst Neil Mehta says that PXD is positioned in a way that allows FCF. PXD is expected to allocate it towards the capital return program. The company is expected to return 88% of free cash flow.

PXD Stock: Energy ETF which includes PXD

PXD Stock: Latest Video

YouTube video

PXD Stock Forecast: Earnings Summary

  • The EPS for quarter one was $7.7 higher than the previous quarter at $4.6. The projected earnings for the next quarter were $8.7.
  • The revenue for the previous quarter was $4.3B much lower than the current revenue in Q1 of $6.2B. The projection for the next quarter is $6.5B.
  • This quarter’s EPS exceeded analyst expectations by 7.2%. It also generated a free cash flow of $2.3B which attracted dividend investors.
  • The CEO talked about the company’s focus on increasing value for shareholder value – This included increasing dividend and share repurchase programs.

PXD Stock Forecast: Google Trends

PXD Stock Forecast: Technical Analysis

PXD Stock Forecast

– Nandini Panchal

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions

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