Pioneer Natural Resources
Market Cap
US$21.5b
Last Updated
2019/10/16 23:40 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.
Snowflake
Fundamentals
Reasonable growth potential with adequate balance sheet.
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
Market Performance
7 Day Return
1.5%
PXD
0.8%
US Oil and Gas
2.3%
US Market
1 Year Return
-24.5%
PXD
-22.2%
US Oil and Gas
5.6%
US Market
Return vs Industry: PXD underperformed the US Oil and Gas industry which returned -22.2% over the past year.
Return vs Market: PXD underperformed the US Market which returned 5.6% over the past year.
Shareholder returns
| PXD | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.5% | 0.8% | 2.3% |
| 30 Day | -11.0% | -7.9% | -1.0% |
| 90 Day | -5.7% | -8.3% | -0.7% |
| 1 Year | -24.1%-24.5% | -19.3%-22.2% | 7.9%5.6% |
| 3 Year | -31.5%-32.1% | -8.2%-16.4% | 45.6%36.3% |
| 5 Year | -27.6%-28.3% | -23.7%-34.3% | 65.8%47.6% |
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
1 week ago | Simply Wall St
Pioneer Natural Resources Company (NYSE:PXD) Earns A Nice Return On Capital Employed1 month ago | Simply Wall St
Is Pioneer Natural Resources Company's (NYSE:PXD) High P/E Ratio A Problem For Investors?Valuation
Is Pioneer Natural Resources undervalued compared to its fair value and its price relative to the market?
23.96x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: PXD ($128.41) is trading above our estimate of fair value ($24.77)
Significantly Undervalued: PXD is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PXD is poor value based on its PE Ratio (24x) compared to the Oil and Gas industry average (9.8x).
PE vs Market: PXD is poor value based on its PE Ratio (24x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
Low PEG Ratio: PXD is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: PXD is overvalued based on its PB Ratio (1.8x) compared to the US Oil and Gas industry average (0.9x).
Next Steps
Future Growth
How is Pioneer Natural Resources forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?
25.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PXD's forecast earnings growth (25% per year) is above the savings rate (2.7%).
Earnings vs Market: PXD's earnings (25% per year) are forecast to grow faster than the US market (14.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PXD's revenue (9.7% per year) is forecast to grow faster than the US market (7.3% per year).
High Growth Revenue: PXD's revenue (9.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: PXD's Return on Equity is forecast to be low in 3 years time (11%).
Next Steps
Past Performance
How has Pioneer Natural Resources performed over the past 5 years?
31.6%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: PXD has become profitable over the past 5 years, growing earnings by 31.6% per year.
Accelerating Growth: PXD's earnings growth over the past year (3.6%) is below its 5-year average (31.6% per year).
Earnings vs Industry: PXD earnings growth over the past year (3.6%) underperformed the Oil and Gas industry 22.6%.
Return on Equity
High ROE: PXD's Return on Equity (7.7%) is considered low.
Return on Assets
ROA vs Industry: PXD's Return on Assets is below or equal to the Oil and Gas industry average last year.
Return on Capital Employed
ROCE Improving: PXD's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Pioneer Natural Resources's financial position?
Financial Position Analysis
Short Term Liabilities: PXD's short term assets ($2.2B) do not cover its short term liabilities ($2.5B)
Long Term Liabilities: PXD's short term assets (2.2B) do not cover its long term liabilities (3.7B)
Debt to Equity History and Analysis
Debt Level: PXD's debt to equity ratio (19.2%) is considered satisfactory
Reducing Debt: PXD's debt to equity ratio has reduced from 39.4% to 19.2% over the past 5 years.
Debt Coverage: PXD's debt is well covered by operating cash flow (139.2%).
Interest Coverage: PXD's interest payments on its debt are well covered by EBIT (25.9x coverage).
Balance Sheet
Inventory Level: PXD has a high level of physical assets or inventory.
Debt Coverage by Assets: PXD's debt is not covered by short term assets (assets are 1x debt).
Next Steps
Dividend
What is Pioneer Natural Resources's current dividend yield, its reliability and sustainability?
0.69%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: PXD's dividend (0.69%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: PXD's dividend (0.69%) is low compared to the top 25% of dividend payers in the US market (3.76%).
Stable Dividend: PXD is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: PXD is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: PXD is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PXD's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
What is the CEO of Pioneer Natural Resources's salary, the management and board of directors tenure and is there insider trading?
5.8yrs
Average management tenure
CEO
Scott Sheffield (66yo)
0.7yrs
Tenure
US$637,052
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 has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the US market.
Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.
Management Age and Tenure
5.8yrs
Average Tenure
55yo
Average Age
Experienced Management: PXD's management team is seasoned and experienced (5.8 years average tenure).
Board Age and Tenure
6.3yrs
Average Tenure
66yo
Average Age
Experienced Board: PXD's board of directors are considered experienced (6.3 years average tenure).
Insider Trading
Insider Buying: PXD insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Senior Key Executive Executive Vice President of Field Development & Emerging Technology |
| Shares | 5,619 |
| Max Price | US$140.35 |
| Entity | Individual |
| Role | Chairman of the Board Chairman & Lead Director |
| Shares | 500 |
| Max Price | US$121.01 |
| Entity | Individual |
| Role | Chief Accounting Officer VP & Chief Accounting Officer |
| Shares | 888 |
| Max Price | US$153.38 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 790 |
| Max Price | US$126.63 |
| Entity | Individual |
| Shares | 4,800 |
| Max Price | US$136.50 |
Ownership Breakdown
Management Team
Mark Berg (60yo)
Executive Vice President of Corporate/Vertically Integrated Operations
- Tenure: 14.5yrs
- Compensation: US$3.65m
Scott Sheffield (66yo)
President
- Tenure: 0.7yrs
- Compensation: US$637.05k
Mark Kleinman (57yo)
Executive VP
- Tenure: 5.8yrs
Chris Cheatwood (58yo)
Executive Vice President of Field Development & Emerging Technology
- Tenure: 17.8yrs
- Compensation: US$3.55m
Richard Dealy (53yo)
Executive VP & CFO
- Tenure: 14.9yrs
- Compensation: US$4.67m
Larry Paulsen
Senior Vice President of Administration and Risk Management
- Tenure: 5.8yrs
Neal Shah
Vice President of Investor Relations
- Tenure: 2.3yrs
Joey Hall (53yo)
Executive Vice President of Operations
- Tenure: 6.3yrs
- Compensation: US$4.57m
Margaret Montemayor (41yo)
VP & Chief Accounting Officer
- Tenure: 5.6yrs
Stephanie Stewart (50yo)
VP & Chief Information Officer
- Tenure: 5.3yrs
Board Members
Scott Sheffield (66yo)
President
- Tenure: 0.7yrs
- Compensation: US$637.05k
Ken Thompson (67yo)
Chairman & Lead Director
- Tenure: 0.7yrs
- Compensation: US$357.60k
Phoebe Wood (66yo)
Independent Director
- Tenure: 6.3yrs
- Compensation: US$315.91k
Phillip Gobe (66yo)
Independent Director
- Tenure: 5.3yrs
- Compensation: US$325.90k
Frank Risch (76yo)
Independent Director
- Tenure: 14.2yrs
- Compensation: US$332.63k
Edison Buchanan (64yo)
Independent Director
- Tenure: 17.8yrs
- Compensation: US$319.86k
Royce Mitchell (64yo)
Independent Director
- Tenure: 5.3yrs
- Compensation: US$314.91k
Stacy Methvin (62yo)
Independent Director
- Tenure: 6.3yrs
- Compensation: US$330.40k
Andrew Cates (48yo)
Independent Director
- Tenure: 10.3yrs
- Compensation: US$312.41k
Larry Grillot (72yo)
Independent Director
- Tenure: 6.3yrs
- Compensation: US$314.91k
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:
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$21.463b
- Shares outstanding: 167.14m
- Website: https://www.pxd.com
Number of Employees
Location
- Pioneer Natural Resources Company
- 5205 North O'Connor Boulevard
- Suite 200
- Irving
- Texas
- 75039
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PXD | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Feb 1991 |
| PNK | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Feb 1991 |
| 0KIX | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Feb 1991 |
| PXD * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Feb 1991 |
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 | 2019/10/16 23:40 |
| End of Day Share Price | 2019/10/16 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.