Pioneer Natural Resources Valuation
Is PXD * undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation 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 PXD * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: PXD * (MX$4578) is trading above our estimate of fair value (MX$3336.67)
Significantly Below Fair Value: PXD * is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for PXD *?
Key metric: As PXD * is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is PXD *'s PE Ratio? | |
|---|---|
| PE Ratio | 12.9x |
| Earnings | US$4.89b |
| Market Cap | US$62.99b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 3.5x |
| Enterprise Value/EBITDA | 7.4x |
| PEG Ratio | 17.4x |
Price to Earnings Ratio vs Peers
How does PXD *'s PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 14x | ||
VISTA A Vista Energy. de | 9.2x | 14.6% | Mex$95.9b |
HES Hess | 17.1x | 16.0% | US$44.7b |
FANG Diamondback Energy | 16.6x | 10.8% | US$51.6b |
CNQ Canadian Natural Resources | 13.1x | 3.3% | CA$99.5b |
PXD * Pioneer Natural Resources | 12.9x | 0.7% | Mex$63.0b |
Price-To-Earnings vs Peers: PXD * is good value based on its Price-To-Earnings Ratio (12.9x) compared to the peer average (14.9x).
Price to Earnings Ratio vs Industry
How does PXD *'s PE Ratio compare vs other companies in the Global Oil and Gas Industry?
| 27 Companies | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
| 27 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Earnings vs Industry: PXD * is expensive based on its Price-To-Earnings Ratio (12.9x) compared to the Global Oil and Gas industry average (9.5x).
Price to Earnings Ratio vs Fair Ratio
What is PXD *'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 12.9x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate PXD *'s Price-To-Earnings Fair Ratio for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | n/a | Mex$4,742.97 0% | 5.4% | Mex$5,251.18 | Mex$4,333.50 | n/a | 21 |
| Nov ’25 | n/a | Mex$4,742.97 0% | 5.4% | Mex$5,251.18 | Mex$4,333.50 | n/a | 21 |
| Oct ’25 | n/a | Mex$4,742.97 0% | 5.4% | Mex$5,251.18 | Mex$4,333.50 | n/a | 21 |
| Sep ’25 | n/a | Mex$4,742.97 0% | 5.4% | Mex$5,251.18 | Mex$4,333.50 | n/a | 21 |
| Aug ’25 | n/a | Mex$4,742.97 0% | 5.4% | Mex$5,251.18 | Mex$4,333.50 | n/a | 21 |
| Jul ’25 | n/a | Mex$4,742.97 0% | 5.4% | Mex$5,251.18 | Mex$4,333.50 | n/a | 21 |
| Jun ’25 | n/a | Mex$4,742.97 0% | 5.4% | Mex$5,251.18 | Mex$4,333.50 | n/a | 21 |
| May ’25 | n/a | Mex$4,706.37 0% | 6.0% | Mex$5,241.81 | Mex$4,115.42 | n/a | 22 |
| Apr ’25 | Mex$4,294.00 | Mex$4,232.38 -1.4% | 7.4% | Mex$5,087.01 | Mex$3,823.57 | n/a | 23 |
| Mar ’25 | Mex$3,982.70 | Mex$4,283.95 +7.6% | 7.7% | Mex$5,207.69 | Mex$3,744.09 | n/a | 23 |
| Feb ’25 | n/a | Mex$4,308.61 0% | 7.9% | Mex$5,265.86 | Mex$3,785.91 | n/a | 23 |
| Jan ’25 | n/a | Mex$4,342.43 0% | 7.8% | Mex$5,223.21 | Mex$3,755.25 | n/a | 24 |
| Dec ’24 | Mex$3,980.20 | Mex$4,442.02 +11.6% | 7.2% | Mex$5,276.54 | Mex$3,966.03 | n/a | 24 |
| Nov ’24 | Mex$4,266.60 | Mex$4,679.11 +9.7% | 7.8% | Mex$5,517.12 | Mex$3,786.26 | n/a | 24 |
| Oct ’24 | Mex$4,110.31 | Mex$4,596.19 +11.8% | 9.2% | Mex$5,870.92 | Mex$3,589.75 | n/a | 29 |
| Sep ’24 | Mex$3,980.00 | Mex$4,386.59 +10.2% | 9.4% | Mex$5,661.03 | Mex$3,461.41 | n/a | 29 |
| Aug ’24 | Mex$3,723.43 | Mex$4,157.18 +11.6% | 10.4% | Mex$5,243.86 | Mex$3,186.79 | n/a | 29 |
| Jul ’24 | n/a | Mex$4,274.56 0% | 9.9% | Mex$5,392.64 | Mex$3,235.59 | n/a | 29 |
| Jun ’24 | Mex$3,560.00 | Mex$4,428.96 +24.4% | 9.9% | Mex$5,633.48 | Mex$3,337.70 | n/a | 29 |
| May ’24 | Mex$3,838.00 | Mex$4,511.52 +17.5% | 10.6% | Mex$5,735.59 | Mex$3,254.36 | n/a | 30 |
| Apr ’24 | Mex$3,650.42 | Mex$4,663.51 +27.8% | 14.5% | Mex$6,970.87 | Mex$3,320.34 | Mex$4,294.00 | 30 |
| Mar ’24 | Mex$3,676.27 | Mex$4,772.29 +29.8% | 13.5% | Mex$6,879.10 | Mex$3,711.09 | Mex$3,982.70 | 30 |
| Feb ’24 | Mex$4,176.32 | Mex$5,086.38 +21.8% | 12.4% | Mex$7,075.98 | Mex$3,817.31 | n/a | 32 |
| Jan ’24 | Mex$4,372.55 | Mex$5,466.67 +25.0% | 11.8% | Mex$7,384.77 | Mex$3,983.89 | n/a | 33 |
| Dec ’23 | Mex$4,575.91 | Mex$5,501.00 +20.2% | 11.4% | Mex$7,354.29 | Mex$3,967.45 | Mex$3,980.20 | 33 |
| Nov ’23 | Mex$5,121.04 | Mex$5,596.21 +9.3% | 11.6% | Mex$7,493.56 | Mex$4,042.58 | Mex$4,266.60 | 33 |
Analyst Forecast: Target price is less than 20% higher than the current share price.
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