PXD Stock Forecast 2022 is revised LOWER to $282

PXD Stock Forecast: PXD Forecast for next 12 months is $282(Revised Lower)

PXD Stock Forecast 2022: Performance Chart

Stock Name	5 Days	1 Month	6 Months	1 Year
PXD	+6.74%	-8.73%	+4.78%	+49.43%

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PXD Stock Forecast: 2021 Review

PXD had a volatile market in 2021 with prices ranging from $111.82 in January and $196.64 in October. The year started at $113.40 and ended at $181.28

Date	Price
December 31st ,2020	$113.40
January 4th, 2021	$111.82
October 11th, 2021	$196.64
December 30th, 2021	$181.28

PXD Stock Prediction 2022

	Trend
Overall	$282
Bank of America	$244
Barclays	$324
Mizuho	$334
Truist Financials	$247
Wells Fargo & Company	$283
MKM Partners	$264

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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

ETF Name

XLE ETF

IEO ETF

PXD Stock: Latest 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

– 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