| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 1/6 |
| Financial Health | 4/6 |
| Dividends | 4/6 |
PXD Overview
Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States.
Rewards
Risk Analysis
Pioneer Natural Resources Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$168.02 |
| 52 Week High | US$76.58 |
| 52 Week Low | US$175.37 |
| Beta | 1.94 |
| 1 Month Change | 10.78% |
| 3 Month Change | 5.90% |
| 1 Year Change | 90.26% |
| 3 Year Change | -5.72% |
| 5 Year Change | -9.37% |
| Change since IPO | 1,741.32% |
Recent News & Updates
Pioneer Natural Resources: Take The Money And Run
Pioneer monetizes some Permian acreage that doesn't fit into its development plans. We compare prices for acreage being discussed with other deals that have come down recently. We think there was a sound rationale for these decisions that support our contention that PXD is a top-notch company with more gains ahead of it. PXD should be considered by investors looking for growth and income.
Estimating The Fair Value Of Pioneer Natural Resources Company (NYSE:PXD)
Does the September share price for Pioneer Natural Resources Company ( NYSE:PXD ) reflect what it's really worth...
Shareholder Returns
| PXD | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | 12.5% | 11.1% | 2.0% |
| 1Y | 90.3% | 75.0% | 32.8% |
Return vs Industry: PXD exceeded the US Oil and Gas industry which returned 75% over the past year.
Return vs Market: PXD exceeded the US Market which returned 32.8% over the past year.
Price Volatility
| PXD volatility | |
|---|---|
| PXD Beta | 1.94 |
| Industry Beta | 1.83 |
| Market Beta | 1 |
Stable Share Price: PXD is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: PXD's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | 1,853 | Scott Sheffield | https://www.pxd.com |
Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company explores for, develops, and produces oil, natural gas liquids (NGLs), and gas. It has operations in the Permian Basin in West Texas.
Pioneer Natural Resources Fundamentals Summary
| PXD fundamental statistics | |
|---|---|
| Market Cap | US$40.99b |
| Earnings (TTM) | US$267.00m |
| Revenue (TTM) | US$11.21b |
153.5x
P/E Ratio3.7x
P/S RatioIs PXD overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PXD income statement (TTM) | |
|---|---|
| Revenue | US$11.21b |
| Cost of Revenue | US$6.21b |
| Gross Profit | US$5.00b |
| Expenses | US$4.73b |
| Earnings | US$267.00m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.09 |
| Gross Margin | 44.59% |
| Net Profit Margin | 2.38% |
| Debt/Equity Ratio | 30.6% |
How did PXD perform over the long term?
See historical performance and comparisonDividends
1.3%
Current Dividend Yield161%
Payout RatioDoes PXD pay a reliable dividends?
See PXD dividend history and benchmarks| Pioneer Natural Resources dividend dates | |
|---|---|
| Ex Dividend Date | Sep 29 2021 |
| Dividend Pay Date | Oct 14 2021 |
| Days until Ex dividend | 0 days |
| Days until Dividend pay date | 15 days |
Does PXD pay a reliable dividends?
See PXD dividend history and benchmarksValuation
Is Pioneer Natural Resources undervalued compared to its fair value and its price relative to the market?
3.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PXD ($168.02) is trading below our estimate of fair value ($174.64)
Significantly Below Fair Value: PXD is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: PXD is poor value based on its PE Ratio (153.5x) compared to the US Oil and Gas industry average (19.6x).
PE vs Market: PXD is poor value based on its PE Ratio (153.5x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: PXD is poor value based on its PEG Ratio (8.7x)
Price to Book Ratio
PB vs Industry: PXD is good value based on its PB Ratio (1.8x) compared to the US Oil and Gas industry average (2x).
Future Growth
How is Pioneer Natural Resources forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?
17.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PXD's forecast earnings growth (17.7% per year) is above the savings rate (2%).
Earnings vs Market: PXD's earnings (17.7% per year) are forecast to grow faster than the US market (15% per year).
High Growth Earnings: PXD's earnings are forecast to grow, but not significantly.
Revenue vs Market: PXD's revenue (9.3% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: PXD's revenue (9.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PXD's Return on Equity is forecast to be high in 3 years time (23.7%)
Past Performance
How has Pioneer Natural Resources performed over the past 5 years?
17.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PXD has a large one-off loss of $259.0M impacting its June 30 2021 financial results.
Growing Profit Margin: PXD's current net profit margins (2.4%) are lower than last year (5.3%).
Past Earnings Growth Analysis
Earnings Trend: PXD has become profitable over the past 5 years, growing earnings by 17.9% per year.
Accelerating Growth: PXD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PXD had negative earnings growth (-38.2%) over the past year, making it difficult to compare to the Oil and Gas industry average (-19.4%).
Return on Equity
High ROE: PXD's Return on Equity (1.2%) is considered low.
Financial Health
How is Pioneer Natural Resources's financial position?
Financial Position Analysis
Short Term Liabilities: PXD's short term assets ($2.4B) do not cover its short term liabilities ($4.3B).
Long Term Liabilities: PXD's short term assets ($2.4B) do not cover its long term liabilities ($9.9B).
Debt to Equity History and Analysis
Debt Level: PXD's debt to equity ratio (30.6%) is considered satisfactory.
Reducing Debt: PXD's debt to equity ratio has reduced from 35.3% to 30.6% over the past 5 years.
Debt Coverage: PXD's debt is well covered by operating cash flow (40%).
Interest Coverage: PXD's interest payments on its debt are well covered by EBIT (4.9x coverage).
Balance Sheet
Dividend
What is Pioneer Natural Resources's current dividend yield, its reliability and sustainability?
1.33%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PXD's dividend (1.33%) is higher than the bottom 25% of dividend payers in the US market (1.3%).
High Dividend: PXD's dividend (1.33%) is low compared to the top 25% of dividend payers in the US market (3.57%).
Stability and Growth of Payments
Stable Dividend: PXD's dividends per share have been stable in the past 10 years.
Growing Dividend: PXD's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (160.9%), PXD's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PXD's dividends in 3 years are forecast to be thoroughly covered by earnings (12.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.1yrs
Average management tenure
CEO
Scott Sheffield (68 yo)
2.58yrs
Tenure
US$13,396,571
Compensation
Mr. Scott Douglas Sheffield, B.S. Petroleum Engineering, serves as the Chairman and Chief Executive Officer of Pioneer Southwest Energy Partners L.P. and Pioneer Natural Resources GP, LLC. Mr. Sheffield se...
CEO Compensation Analysis
Compensation vs Market: Scott's total compensation ($USD13.40M) is about average for companies of similar size in the US market ($USD11.29M).
Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: PXD's management team is seasoned and experienced (7.1 years average tenure).
Board Members
Experienced Board: PXD's board of directors are considered experienced (7.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 48.5%.
Top Shareholders
Company Information
Pioneer Natural Resources Company's employee growth, exchange listings and data sources
Key Information
- Name: Pioneer Natural Resources Company
- Ticker: PXD
- Exchange: NYSE
- Founded: 1997
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$40.990b
- Shares outstanding: 243.96m
- Website: https://www.pxd.com
Number of Employees
Location
- Pioneer Natural Resources Company
- 777 Hidden Ridge
- Irving
- Texas
- 75039
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/27 22:56 |
| End of Day Share Price | 2021/09/27 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.