Pioneer Natural Financials

PXD Stock  USD 260.00  3.15  1.23%   
Based on the analysis of Pioneer Natural's profitability, liquidity, and operating efficiency, Pioneer Natural Resources is doing better financially then in previous quarter. It has a moderate risk of reporting better financial numbers in April. At present, Pioneer Natural's Other Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 3.1 B, whereas Net Debt is forecasted to decline to about 2.5 B. Key indicators impacting Pioneer Natural's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.220.2269
Sufficiently Down
Slightly volatile
Current Ratio0.870.8759
Slightly Down
Slightly volatile
The financial analysis of Pioneer Natural is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Pioneer Natural includes many different criteria found on its balance sheet. For example, investors should never minimize Pioneer Natural's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Pioneer Natural's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Pioneer Natural.

Cash And Equivalents

1.54 Billion

With this module, you can analyze Pioneer financials for your investing period. You should be able to track the changes in Pioneer Natural individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Pioneer Natural Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Pioneer Natural's financial statements are interrelated, with each one affecting the others. For example, an increase in Pioneer Natural's assets may result in an increase in income on the income statement.
Evaluating Pioneer Natural's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Pioneer Natural's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Pioneer Natural's relative financial performance

Chance Of Distress

Less than 4

 
100  
 
Zero
Very Low
Pioneer Natural Resources has less than 4 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Pioneer Natural stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Pioneer Natural's odds of distress score SHOULD NOT be confused with the real chance of Pioneer Natural Resources filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Pioneer is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Pioneer Natural's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Pioneer Natural's official financial statements usually reflect Pioneer Natural's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Pioneer Natural Resources. For example, before you start analyzing numbers published by Pioneer accountants, it's critical to develop an understanding of what Pioneer Natural's liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of Pioneer Natural's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Pioneer Natural's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Pioneer Natural's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Pioneer Natural Resources. Please utilize our Beneish M Score to check the likelihood of Pioneer Natural's management manipulating its earnings.

Pioneer Natural Company Summary

Pioneer Natural competes with SandRidge Energy, HighPeak Energy, Vista Oil, and Matador Resources. Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. Pioneer Natural Resources Company was founded in 1997 and is headquartered in Irving, Texas. Pioneer Natural operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 1932 people.
Specialization
Energy, Oil & Gas E&P
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0001038357
ISINUS7237871071
CUSIP723787107 701018103
RegionNorth America
LocationTexas; U.S.A
Business Address777 Hidden Ridge,
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkNYSE Composite
Websitewww.pxd.com
Phone972 444 9001
CurrencyUSD - US Dollar
You should never invest in Pioneer Natural without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Pioneer Stock, because this is throwing your money away. Analyzing the key information contained in Pioneer Natural's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Pioneer Natural Key Financial Ratios

Generally speaking, Pioneer Natural's financial ratios allow both analysts and investors to convert raw data from Pioneer Natural's financial statements into concise, actionable information that can be used to evaluate the performance of Pioneer Natural over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Pioneer Natural Resources reports annually and quarterly.

Pioneer Natural Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets19.1B19.2B36.8B35.7B36.6B38.4B
Other Current Liab443M597M1.1B(3.5B)234M245.7M
Net Debt2.0B2.1B3.4B4.2B5.0B2.5B
Retained Earnings4.0B3.5B4.0B5.7B7.3B7.6B
Accounts Payable1.4B1.0B2.6B2.6B2.4B2.6B
Cash631M1.4B3.8B1.0B240M228M
Net Receivables1.0B699M1.7B2.0B1.6B1.7B
Inventory205M224M369M424M476M499.8M
Other Current Assets20M43M42M81M160M168M
Total Liab6.9B7.7B14.0B13.2B13.4B14.1B
Total Current Assets2.2B2.6B6.2B3.7B2.6B1.7B
Other Liab1.9B2.5B3.0B4.5B5.1B5.4B
Other Assets95M258M153M171M128.7M150.4M
Long Term Debt1.8B3.2B6.7B4.1B4.8B3.0B
Treasury Stock(1.1B)(1.2B)(248M)(1.9B)(1.7B)(1.6B)
Good Will270M264M261M243M242M225.5M
Short Term Debt586M240M365M904M203M305.4M
Net Tangible Assets12.0B11.7B22.6B22.8B26.2B27.5B

Pioneer Natural Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Pioneer Natural's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense121M196M161M128M142M109.0M
Total Revenue9.7B7.0B17.9B24.4B19.4B20.3B
Gross Profit2.3B828M6.9B10.7B7.1B7.5B
Operating Income1.6B207M6.2B10.3B(1.4B)(1.3B)
Ebit1.6B207M6.2B10.3B6.5B6.8B
Ebitda3.3B1.8B8.7B12.8B9.4B9.8B
Net Income756M(200M)2.1B7.8B4.9B5.1B
Income Tax Expense231M(61M)628M2.1B1.4B1.4B
Cost Of Revenue7.4B6.2B11.0B13.7B12.3B12.9B
Income Before Tax987M(261M)2.7B10.0B6.2B6.6B
Non Recurring58M47M51M41M36.9M35.1M
Tax Provision231M(61M)628M2.1B1.4B1.4B
Interest Income73M435M2.3B119M6M5.7M
Net Interest Income(48M)(196M)(138M)(9M)(147M)(154.4M)

Pioneer Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Pioneer Natural's current stock value. Our valuation model uses many indicators to compare Pioneer Natural value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pioneer Natural competition to find correlations between indicators driving Pioneer Natural's intrinsic value. More Info.
Pioneer Natural Resources is considered to be number one stock in shares outstanding category among related companies. It is considered to be number one stock in market capitalization category among related companies creating about  256.85  of Market Capitalization per Shares Outstanding. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Pioneer Natural by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Pioneer Natural's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Pioneer Natural's earnings, one of the primary drivers of an investment's value.

Pioneer Natural Resources Systematic Risk

Pioneer Natural's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Pioneer Natural volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Pioneer Natural Resources correlated with the market. If Beta is less than 0 Pioneer Natural generally moves in the opposite direction as compared to the market. If Pioneer Natural Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Pioneer Natural Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Pioneer Natural is generally in the same direction as the market. If Beta > 1 Pioneer Natural moves generally in the same direction as, but more than the movement of the benchmark.

About Pioneer Natural Financials

What exactly are Pioneer Natural Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Pioneer Natural's income statement, its balance sheet, and the statement of cash flows. Potential Pioneer Natural investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Pioneer Natural investors may use each financial statement separately, they are all related. The changes in Pioneer Natural's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Pioneer Natural's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Pioneer Natural Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Pioneer Natural is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Pioneer has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Pioneer Natural's financials are consistent with your investment objective using the following steps:
  • Review Pioneer Natural's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Pioneer Natural's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Pioneer Natural's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Pioneer Natural's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.
Today, most investors in Pioneer Natural Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Pioneer Natural's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Pioneer Natural growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.28)

At present, Pioneer Natural's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Pioneer Natural March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Pioneer Natural help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Pioneer Natural Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Pioneer Natural Resources based on widely used predictive technical indicators. In general, we focus on analyzing Pioneer Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Pioneer Natural's daily price indicators and compare them against related drivers.
When determining whether Pioneer Natural Resources is a strong investment it is important to analyze Pioneer Natural's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pioneer Natural's future performance. For an informed investment choice regarding Pioneer Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pioneer Natural Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Pioneer Stock analysis

When running Pioneer Natural's price analysis, check to measure Pioneer Natural's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pioneer Natural is operating at the current time. Most of Pioneer Natural's value examination focuses on studying past and present price action to predict the probability of Pioneer Natural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pioneer Natural's price. Additionally, you may evaluate how the addition of Pioneer Natural to your portfolios can decrease your overall portfolio volatility.
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Is Pioneer Natural's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pioneer Natural. If investors know Pioneer will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pioneer Natural listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.12)
Dividend Share
13.96
Earnings Share
20.21
Revenue Per Share
82.795
Quarterly Revenue Growth
(0.02)
The market value of Pioneer Natural Resources is measured differently than its book value, which is the value of Pioneer that is recorded on the company's balance sheet. Investors also form their own opinion of Pioneer Natural's value that differs from its market value or its book value, called intrinsic value, which is Pioneer Natural's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pioneer Natural's market value can be influenced by many factors that don't directly affect Pioneer Natural's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pioneer Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pioneer Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pioneer Natural's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.