Pioneer Natural Resources Company (NYSE:PXD) Stock Surges 32% YTD: What’s The Buzz?

Stocks which perform well over a reasonably long period of time are almost always a bit more coveted among investors and hence, the Pioneer Natural Resources Company (NYSE:PXD) stock could be one to watch at this point.

The stock has been in the middle of a steady rise since the beginning of the year and has managed to deliver gains of as much as 32% so far in 2021. Yesterday, the company was in the news again after it announced that Maria S. Jelescu Dreyfus has been added to its board of directors.

New appointments to a company’s board can have considerable influence on its future and hence, investors could consider taking a closer look at the appointment from Pioneer Natural Resources Company. At this point in time Dreyfus is employed as the Chief Investment Officer of the New York based investment firm Ardinall Investment Management.

In addition to that, it should be noted that she had spent a decade and a half at the investment banking giant Goldman Sachs. Hence, her experience could prove to be an important edge for Pioneer Natural Resources Company. It is a stock that could be worth adding to the watch lists.  

Allied Energy Corp. (OTCMKTS:AGYP) deserve a look from oil and gas investors as they have struck oil on their leased well sites located in Texas. Global energy prices are experiencing extreme volatility, especially petrochemicals.  With the need for more domestic energy growing apparent, AGYP and its US based exploration projects may benefit.