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Enter Symbol:
 
Pioneer Natural Resources Company (PXD) [hlAlert]

Rating:
Outperform
PXD
up 179.23 %

Pioneer Natural Resources Company (PXD) rated Outperform with price target $30 by Friedman Billings

Posted on: Friday,  Dec 12, 2008  8:25 AM ET by Friedman Billings

Friedman Billings rated Outperform Pioneer Natural Resources Company (NYSE: PXD) on 12/12/2008. Previously Friedman Billings rated Outperform Pioneer Natural Resources Company (NYSE: PXD)
on 02/07/2008., when the stock price was $41.32. Since then, Pioneer Natural Resources Company has gained 179.24% as of 01/11/2016's recent price of $115.38.
If you would have followed the previous Friedman Billings's recommendation on PXD, you would have gained 179.23% of your investment in 2895 days.

Pioneer Natural Resources Company (Pioneer) is an independent oil and gas exploration and production company with operations in the United States, South Africa and Tunisia. The Company explores, develops and produces oil and gas reserves. The Company's asset base is anchored by the Spraberry oil field located in West Texas, the Hugoton gas field located in Southwest Kansas, the Raton gas field located in southern Colorado and the West Panhandle gas field located in the Texas Panhandle. The Company has exploration and development opportunities and/or oil and gas production activities in the Edwards Trend area of South Texas, the Barnett Shale area of North Texas and Alaska, and internationally in South Africa and Tunisia. The Company?s production operations are principally located domestically in Texas, Kansas, Colorado, Alaska and the Gulf of Mexico shelf, and internationally in South Africa and Tunisia.

FBR Capital Markets is a full service investment banking, institutional sales, trading and research and asset management firm with a customer-focused and innovative approach to meeting its clients needs. It focuses its banking, advisory, trading and research efforts on seven broad industry sectors including consumer, diversified industrials, energy & natural resources, financial institutions, insurance, real estate and technology, media & telecom. With our headquarters in the Washington, D.C. metropolitan area, our Economic and Washington Policy Analysis groups offer clients a comprehensive overview of national economic trends along with a unique perspective on the impact that legislation and regulation will have on industry sectors and individual companies
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/12/2008 8:25 AM Buy
None
18.79 30.00
as of 12/24/2008
1 Week up  2.08 %
1 Month up  23.14 %
3 Months up  41.75 %
1 YTD down  -54.01 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/29/2008 8:25 AM Buy
None
70.43 90.00
5/5/2008 9:25 AM Buy
None
59.49 75.00
4/8/2008 8:25 AM Buy
None
54.02 70.00
4/4/2008 8:25 AM Buy
None
51.04 65.00
2/7/2008 8:25 AM Buy
None
41.32 60.00

(*) Stock Price at the time of the recommendation.
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