Pioneer Natural Resources Company

DB:PNK Stock Report

Market Cap: €58.6b

Pioneer Natural Resources Valuation

Is PNK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of PNK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PNK (€252.55) is trading above our estimate of fair value (€252.08)

Significantly Below Fair Value: PNK is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PNK?

Key metric: As PNK is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for PNK. This is calculated by dividing PNK's market cap by their current earnings.
What is PNK's PE Ratio?
PE Ratio13.2x
EarningsUS$4.76b
Market CapUS$62.99b

Price to Earnings Ratio vs Peers

How does PNK's PE Ratio compare to its peers?

The above table shows the PE ratio for PNK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average12.4x
FANG Diamondback Energy
16.6x10.8%US$51.6b
HES Hess
17.1x16.0%US$44.7b
DR0 Deutsche Rohstoff
2.7x-8.9%€159.7m
CNQ Canadian Natural Resources
13.1x3.3%CA$99.5b
PNK Pioneer Natural Resources
13.2x1.1%€63.0b

Price-To-Earnings vs Peers: PNK is expensive based on its Price-To-Earnings Ratio (13.2x) compared to the peer average (12.7x).

Price to Earnings Ratio vs Industry

How does PNK's PE Ratio compare vs other companies in the European Oil and Gas Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
PNK 13.2xIndustry Avg. 8.3xNo. of Companies18PE0612182430+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PNK is expensive based on its Price-To-Earnings Ratio (13.2x) compared to the European Oil and Gas industry average (8.3x).

Price to Earnings Ratio vs Fair Ratio

What is PNK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PNK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.2x
Fair PE Ratio22.4x

Price-To-Earnings vs Fair Ratio: PNK is good value based on its Price-To-Earnings Ratio (13.2x) compared to the estimated Fair Price-To-Earnings Ratio (22.4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst PNK forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
€260.17
0%
5.4%€288.05€237.71n/a21
Nov ’25n/a
€260.17
0%
5.4%€288.05€237.71n/a21
Oct ’25n/a
€260.17
0%
5.4%€288.05€237.71n/a21
Sep ’25n/a
€260.17
0%
5.4%€288.05€237.71n/a21
Aug ’25n/a
€260.17
0%
5.4%€288.05€237.71n/a21
Jul ’25n/a
€260.17
0%
5.4%€288.05€237.71n/a21
Jun ’25n/a
€260.17
0%
5.4%€288.05€237.71n/a21
May ’25€252.30
€259.18
+2.7%
6.0%€288.67€226.64n/a22
Apr ’25€243.10
€236.01
-2.9%
7.4%€283.66€213.21n/a23
Mar ’25€219.40
€232.29
+5.9%
7.7%€282.38€203.02n/a23
Feb ’25€210.00
€231.72
+10.3%
7.9%€283.20€203.61n/a23
Jan ’25€202.10
€231.76
+14.7%
7.8%€278.77€200.42n/a24
Dec ’24€211.30
€237.49
+12.4%
7.2%€282.10€212.04n/a24
Nov ’24€224.20
€245.22
+9.4%
7.8%€289.14€198.43n/a24
Oct ’24€216.80
€247.41
+14.1%
9.2%€316.03€193.24n/a29
Sep ’24€224.00
€237.12
+5.9%
9.4%€306.00€187.11n/a29
Aug ’24€204.50
€224.49
+9.8%
10.4%€283.17€172.08n/a29
Jul ’24€189.75
€228.82
+20.6%
9.9%€288.67€173.20n/a29
Jun ’24€187.05
€233.76
+25.0%
9.9%€297.34€176.17n/a29
May ’24€197.45
€227.71
+15.3%
10.6%€289.49€164.26€252.3030
Apr ’24€187.86
€235.53
+25.4%
14.5%€352.07€167.70€243.1030
Mar ’24€192.22
€247.25
+28.6%
13.5%€356.40€192.27€219.4030
Feb ’24€204.20
€248.65
+21.8%
12.4%€345.91€186.61€210.0032
Jan ’24€211.10
€265.15
+25.6%
11.8%€358.19€193.23€202.1033
Dec ’23€228.05
€273.27
+19.8%
11.4%€365.33€197.09€211.3033
Nov ’23€257.55
€287.30
+11.6%
11.6%€384.71€207.54€224.2033

Analyst Forecast: Target price is less than 20% higher than the current share price.

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