Pioneer Natural Resources
Market Cap
US$31.9b
Last Updated
2021/04/11 22:08 UTC
Data Sources
Company Financials +
Executive Summary
Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet with reasonable growth potential and pays a dividend.
Similar Companies
Share Price & News
How has Pioneer Natural Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PXD is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: PXD's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-10.6%
PXD
-3.4%
US Oil and Gas
2.1%
US Market
1 Year Return
95.0%
PXD
47.6%
US Oil and Gas
56.3%
US Market
Return vs Industry: PXD exceeded the US Oil and Gas industry which returned 47.6% over the past year.
Return vs Market: PXD exceeded the US Market which returned 56.3% over the past year.
Shareholder returns
| PXD | Industry | Market | |
|---|---|---|---|
| 7 Day | -10.6% | -3.4% | 2.1% |
| 30 Day | -11.1% | -7.7% | 2.4% |
| 90 Day | 12.0% | 15.9% | 6.8% |
| 1 Year | 99.1%95.0% | 57.5%47.6% | 59.1%56.3% |
| 3 Year | -18.8%-21.8% | -15.6%-27.2% | 65.7%55.1% |
| 5 Year | 6.3%2.1% | 0.9%-18.8% | 122.3%97.7% |
Long-Term Price Volatility Vs. Market
How volatile is Pioneer Natural Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
Need To Know: Analysts Are Much More Bullish On Pioneer Natural Resources Company (NYSE:PXD)2 weeks ago | Simply Wall St
Pioneer Natural Resources Company (NYSE:PXD) Stock Goes Ex-Dividend In Just Four Days2 weeks ago | Simply Wall St
Is Pioneer Natural Resources' (NYSE:PXD) 117% Share Price Increase Well Justified?Valuation
Is Pioneer Natural Resources undervalued compared to its fair value and its price relative to the market?
44.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PXD ($147.19) is trading below our estimate of fair value ($264.47)
Significantly Below Fair Value: PXD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PXD is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.
PE vs Market: PXD is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PXD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PXD is overvalued based on its PB Ratio (2.1x) compared to the US Oil and Gas industry average (1.4x).
Future Growth
How is Pioneer Natural Resources forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
36.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PXD is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: PXD is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: PXD's is expected to become profitable in the next 3 years.
Revenue vs Market: PXD's revenue (17.6% per year) is forecast to grow faster than the US market (9.9% per year).
High Growth Revenue: PXD's revenue (17.6% 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 low in 3 years time (12.6%).
Past Performance
How has Pioneer Natural Resources performed over the past 5 years?
37.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PXD is currently unprofitable.
Growing Profit Margin: PXD is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PXD is unprofitable, but has reduced losses over the past 5 years at a rate of 37.2% per year.
Accelerating Growth: Unable to compare PXD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PXD is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-44.1%).
Return on Equity
High ROE: PXD has a negative Return on Equity (-1.73%), as it is currently unprofitable.
Financial Health
How is Pioneer Natural Resources's financial position?
Financial Position Analysis
Short Term Liabilities: PXD's short term assets ($2.6B) exceed its short term liabilities ($1.9B).
Long Term Liabilities: PXD's short term assets ($2.6B) do not cover its long term liabilities ($5.8B).
Debt to Equity History and Analysis
Debt Level: PXD's debt to equity ratio (28.5%) is considered satisfactory.
Reducing Debt: PXD's debt to equity ratio has reduced from 43.5% to 28.5% over the past 5 years.
Debt Coverage: PXD's debt is well covered by operating cash flow (63.1%).
Interest Coverage: PXD is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Dividend
What is Pioneer Natural Resources's current dividend yield, its reliability and sustainability?
1.52%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PXD's dividend (1.52%) is higher than the bottom 25% of dividend payers in the US market (1.26%).
High Dividend: PXD's dividend (1.52%) is low compared to the top 25% of dividend payers in the US market (3.5%).
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: PXD is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: PXD's dividends in 3 years are forecast to be well covered by earnings (16.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.6yrs
Average management tenure
CEO
Scott Sheffield (67 yo)
2.17yrs
Tenure
US$13,530,819
Compensation
Mr. Scott Douglas Sheffield, B.S. Petroleum Engineering, serves as the Chairman and Chief Executive Officer of Pioneer Southwest Energy Partners L.P. and Pioneer Natural Resources GP, LLC. Mr. Sheffield se...
CEO Compensation Analysis
Compensation vs Market: Scott's total compensation ($USD13.53M) is about average for companies of similar size in the US market ($USD10.98M).
Compensation vs Earnings: Scott's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: PXD's management team is seasoned and experienced (6.6 years average tenure).
Board Members
Experienced Board: PXD's board of directors are considered experienced (7.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PXD insiders have only sold shares 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 30.7%.
Top Shareholders
Company Information
Pioneer Natural Resources Company's company bio, 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$31.878b
- Shares outstanding: 216.58m
- Website: https://www.pxd.com
Number of Employees
Location
- Pioneer Natural Resources Company
- 777 Hidden Ridge
- Irving
- Texas
- 75039
- United States
Listings
Biography
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 (...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/11 22:08 |
| End of Day Share Price | 2021/04/09 00:00 |
| Earnings | 2020/12/31 |
| 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.