Pioneer Natural Resources Co. stock rises Thursday, still underperforms market

Pioneer Natural Resources Co. stock rises Thursday, still underperforms market

Shares of Pioneer Natural Resources Co. PXD, +1.25% advanced 1.25% to $227.92 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +1.33% rising 1.33% to 4,146.22 and the Dow Jones Industrial Average DJIA, +1.14% rising 1.14% to 34,029.69. This was the stock’s fourth consecutive day of gains. Pioneer Natural Resources Co. closed $60.54 below its 52-week high ($288.46), which the company achieved on May 31st.

The stock outperformed some of its competitors Thursday, as EOG Resources Inc. EOG, -0.16% fell 0.16% to $121.29, Devon Energy Corp. DVN, +1.25% rose 1.25% to $55.22, and Occidental Petroleum Corp. OXY, -0.11% fell 0.11% to $64.77. Trading volume (2.5 M) remained 533,459 below its 50-day average volume of 3.0 M.

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