11 Best Oil Company Stocks To Buy Now

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2. Pioneer Natural Resources Company (NYSE:PXD)

– Number of Hedge Funds With Long Positions (as of March 31): 57
– Aggregate Value of Hedge Funds’ Holdings (as of March 31): $2.78 billion

At the second place on our list of best oil company stocks to buy now we have the Pioneer Natural Resources Company (NYSE:PXD) that is a large U.S oil and gas exploration and production company, formed in 1997 through the merger of Parker & Parsley Petroleum Company and MESA Inc. Pioneer’s merger with Evergreen Resources, Inc., further enhanced its strong foundation in North America. The company is the largest producer in the Spraberry/Wolfcamp region in the Permian Basin and a top operator in the Eagle Ford Shale. It uses advanced technology and an integrated services model to retain its position as an industry-leading oil company. Pioneer Natural Resources has an average daily production capacity of 234,000 Barrels of Oil Equivalent. As per our database, 57 funds were long Pioneer Natural Resources at the end of the first quarter, owning 8.80% of its shares.

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Follow Pioneer Natural Resources Co (NYSE:PXD)

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