Looking into the current session, Pioneer Natural Resources Inc. (NYSE:PXD) shares are trading at $225.43, after a 1.32% drop. Over the past month, the stock decreased by 4.98%, but over the past year, it actually spiked by 3.77%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio.
Pioneer Natural Resources P/E Compared to Competitors
The P/E ratio is used by long-term shareholders to assess the company's market performance against ...