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Pioneer Natural Resources Co Stock Research

PXD

186.49USD+4.64(+2.55%)Market Closed

Market Summary

USD186.49+4.64
Market Closed
2.55%

PXD Alerts

PXD Stock Price

PXD RSI Chart

PXD Valuation

Market Cap

44.6B

Price/Earnings (Trailing)

5.68

Price/Sales (Trailing)

1.83

EV/EBITDA

3.45

Price/Free Cashflow

3.93

PXD Price/Sales (Trailing)

PXD Profitability

EBT Margin

40.81%

Return on Equity

34.8%

Return on Assets

21.95%

Free Cashflow Yield

25.46%

PXD Fundamentals

PXD Revenue

Revenue (TTM)

24.4B

Revenue Y/Y

-7.21%

Revenue Q/Q

-14.58%

PXD Earnings

Earnings (TTM)

7.8B

Earnings Y/Y

94.1%

Earnings Q/Q

-25.35%

Price Action

52 Week Range

177.27288.46
(Low)(High)

Last 7 days

-11%

Last 30 days

-21.8%

Last 90 days

-19.0%

Trailing 12 Months

-18.0%

PXD Financial Health

Current Ratio

0.96

Debt/Equity

0.23

Debt/Cashflow

2.1

PXD Investor Care

Dividend Yield

13.64%

Dividend/Share (TTM)

25.44

Buy Backs (1Y)

2.05%

Diluted EPS (TTM)

31.13

Peers (Alternatives to Pioneer Natural Resources)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
60.9B
25.7B
-23.86% -6.70%
7.85
2.37
37.87% 66.36%
60.4B
37.1B
-12.29% 4.78%
4.68
1.64
40.97% 472.95%
49.8B
19.8B
-29.01% -13.47%
9.45
2.71
44.20% 113.83%
44.6B
24.4B
-21.77% -18.01%
5.68
1.83
36.45% 270.40%
22.6B
9.6B
-17.20% 4.67%
5.15
2.34
41.87% 101.01%
14.4B
11.9B
-24.61% -11.58%
4.67
1.31
50.58% 232.96%
MID-CAP
8.6B
14.3B
-31.07% -22.32%
2.37
0.6
36.25% 156.85%
6.0B
5.3B
-6.30% -5.53%
5.09
1.13
49.01% 187.38%
5.4B
3.2B
-31.43% -11.75%
4.47
1.7
71.67% 107.57%
4.4B
3.6B
-33.88% 7.97%
4.99
1.94
130.82% 480.77%
3.0B
3.6B
-16.98% 14.70%
2.6
0.82
96.03% 571.98%
2.9B
2.2B
-22.76% 7.07%
12.82
1.29
68.57% 391.06%
1.9B
3.2B
-26.77% -44.44%
1.56
0.58
60.18% 231.32%
SMALL-CAP
1.6B
7.3B
-8.48% 116.33%
4.35
0.22
55.45% 547.97%
805.4M
1.9B
-8.19% -35.44%
1.28
0.42
37.78% 335.50%

Financials for Pioneer Natural Resources

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-1.7%24,38424,81023,71420,97817,870
  S&GA Expenses2.1%334327309296292
Costs and Expenses-0.6%14,34314,42813,95612,98311,897
EBITDA7.2%12,60911,76110,6778,185-
EBITDA Margin9.1%0.52*0.47*0.45*0.39*-
Earnings Before Taxes9.7%9,9519,0747,9165,3882,746
EBT Margin11.6%0.41*0.37*0.33*0.26*-
Interest Expenses-7.9%128139150158161
Net Income10.1%7,8457,1276,1884,1972,118
Net Income Margin12.0%0.32*0.29*0.26*0.20*-
Free Cahsflow3.4%11,34810,97110,0218,266-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets0.0%35,74035,74637,30136,86036,811
  Current Assets-13.0%3,7264,2836,3216,2496,173
    Cash Equivalents-21.6%1,0321,3162,5792,3853,847
  Inventory1.0%424420606493369
  Net PPE-0.6%1,6581,6681,6791,6921,694
  Goodwill0%243243243243243
Liabilities-7.9%513557563--
  Current Liabilities-6.8%3,8874,1704,7494,0564,073
    LT Debt, Current-21.0%7799861,117244244
    LT Debt, Non Current-2.4%4,1254,2284,5765,4466,688
Shareholder's Equity-1.8%22,54122,94923,79023,66822,837
  Retained Earnings2.2%5,6855,5615,6305,0473,960
  Additional Paid-In Capital-0.7%18,77918,91119,18019,14219,123
Accumulated Depreciation-313----
Shares Outstanding-1.2%239242243--
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations3.4%11,34810,97110,0088,2536,046
Cashflow From Investing-383.3%-3,586-742-885-1,821-856
Cashflow From Financing-11.3%-10,614-9,534-6,680-4,762-2,807
  Dividend Payments8.3%6,2695,7874,2422,5761,594
  Buy Backs9.8%1,6871,5361,030532269

Risks for PXD

What is the probability of a big loss on PXD?

81.9%


Probability that Pioneer Natural Resources stock will be more than 20% underwater in next one year

46.1%


Probability that Pioneer Natural Resources stock will be more than 30% underwater in next one year.

27.7%


Probability that Pioneer Natural Resources stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PXD drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Pioneer Natural Resources was unfortunately bought at previous high price.

Drawdowns

Returns for PXD

Cumulative Returns on PXD

4.7%


10-Year Cumulative Returns

5.9%


7-Year Cumulative Returns

3.9%


5-Year Cumulative Returns

42.1%


3-Year Cumulative Returns

What are the long-term rolling returns for PXD?

FIve years rolling returns for Pioneer Natural Resources.

Annualized Returns

Which funds bought or sold PXD recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
added
25.44
667,127
2,733,130
0.08%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-4.95
217,475
84,066,500
0.09%
2023-03-10
MATHER GROUP, LLC.
added
2.35
61,450
835,450
0.02%
2023-03-07
Great Lakes Retirement, Inc.
new
-
1,010,640
1,010,640
0.26%
2023-03-06
Rockefeller Capital Management L.P.
sold off
-100
-32,000
-
-%
2023-03-06
Rockefeller Capital Management L.P.
added
23.9
6,333,000
26,970,000
0.14%
2023-03-03
TIAA, FSB
added
24.00
111,508
475,508
-%
2023-03-02
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
new
-
509,310
509,310
0.01%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
reduced
-12.54
-11,966
137,034
0.08%
2023-03-01
Goehring & Rozencwajg Associates, LLC
new
-
15,446,900
15,446,900
5.49%

1–10 of 44

Latest Funds Activity

Are funds buying PXD calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own PXD
No. of Funds

Pioneer Natural Resources News

MarketBeat

Pioneer Natural Resources (NYSE:PXD) Shares Bought by Gradient ....

MarketBeat,
22 hours ago

Kiplinger's Personal Finance

Stocks With the Highest Dividend Yields in the S&P 500.

Kiplinger's Personal Finance,
2 days ago

Nasdaq

The Motley Fool

Schedule 13G FIlings of Pioneer Natural Resources

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
capital world investors
8.0%
19,092,506
SC 13G/A
Feb 09, 2023
vanguard group inc
8.20%
19,475,042
SC 13G/A
Feb 07, 2023
state street corp
6.53%
15,518,558
SC 13G/A
Feb 06, 2023
wellington management group llp
1.03%
2,452,252
SC 13G/A
Jan 31, 2023
blackrock inc.
7.5%
17,848,180
SC 13G/A
Mar 09, 2022
vanguard group inc
10.12%
24,583,067
SC 13G/A
Feb 11, 2022
capital world investors
5.8%
14,256,214
SC 13G
Feb 11, 2022
apollo management holdings gp, llc
0.0%
54,682
SC 13G/A
Feb 11, 2022
state street corp
6.06%
14,793,629
SC 13G/A
Feb 08, 2022
blackrock inc.
7.3%
17,895,149
SC 13G/A

PXD Fair Value

Pioneer Natural Resources fair value in different scenarios

The table shows the Fair Value estimates for Pioneer Natural Resources for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

516.99

177.22%

801.79

329.94%

1570.50

742.14%

2477.47

1228.47%

3084.39

1553.92%
Current Inflation

394.01

111.28%

572.68

207.08%

1131.19

506.57%

1809.62

870.36%

2460.68

1219.47%
Very High Inflation

423.22

126.94%

621.60

233.32%

1146.19

514.61%

1767.59

847.82%

2167.45

1062.23%

Historical Pioneer Natural Resources Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Pioneer Natural Resources

View All Filings
Date Filed Form Type Document
Mar 02, 2023
8-K
Current Report
Feb 23, 2023
4
Insider Trading
Feb 23, 2023
4
Insider Trading
Feb 23, 2023
4
Insider Trading
Feb 23, 2023
4
Insider Trading
Feb 23, 2023
4
Insider Trading
Feb 23, 2023
4
Insider Trading
Feb 23, 2023
4
Insider Trading
Feb 23, 2023
4
Insider Trading
Feb 23, 2023
10-K
Annual Report

Latest Insider Trading transactions for PXD

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-21
BERG MARK STEPHEN
sold (taxes)
-472,459
208
-2,261
evp, corporate operations
2023-02-21
Taylor Tyson L.
sold (taxes)
-126,839
208
-607
svp, hr & communications
2023-02-21
McDonald Elizabeth Anne
sold (taxes)
-187,855
208
-899
svp, strategic planning, field
2023-02-21
Hall Jerome D JR
sold (taxes)
-519,266
208
-2,485
evp, operations
2023-02-21
KLEINMAN MARK H
sold (taxes)
-418,547
208
-2,003
evp & general counsel
2023-02-21
Shah Neal H
sold (taxes)
-311,559
208
-1,491
svp and cfo
2023-02-21
DEALY RICHARD P
sold (taxes)
-792,167
208
-3,791
president and coo
2023-02-21
Black Bonnie S.
sold (taxes)
-127,048
208
-608
svp, technology & ops support
2023-02-09
SHEFFIELD SCOTT D
acquired
-
-
21,695
chief executive officer
2023-02-08
Washburn Christopher L
acquired
-
-
1,384
vp & cao

1–10 of 50

Scott D. Sheffield
1930
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 Midland Basin in West Texas. As of December 31, 2021, the company had proved undeveloped reserves and proved developed non-producing reserves of 130 million barrels of oil, 92 million barrels of NGLs, and 462 billion cubic feet of gas; and owned interests in 11 gas processing plants. Pioneer Natural Resources Company was founded in 1997 and is headquartered in Irving, Texas.

PXD Income Statement

2022-12-31
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues and other income:   
Revenue$ 24,384$ 17,870$ 7,024
Interest and other income (loss), net11923(67)
Derivative loss, net(315)(2,183)(281)
Gain (loss) on disposition of assets, net106(1,067)9
Revenues24,29414,6436,685
Costs and expenses:   
Production and ad valorem taxes965651242
Depletion, depreciation and amortization2,5302,4981,639
Exploration and abandonments415147
General and administrative334292244
Accretion of discount on asset retirement obligations1579
Interest128161129
Other173410321
Total costs and expenses14,34311,8976,946
Income (loss) before income taxes9,9512,746(261)
Income tax benefit (provision)(2,106)(628)61
Net income (loss) attributable to common stockholders$ 7,845$ 2,118$ (200)
Net income (loss) per share attributable to common stockholders:   
Basic (usd per share)$ 32.61$ 9.06$ (1.21)
Diluted (usd per share)$ 31.13$ 8.61$ (1.21)
Weighted average shares outstanding:   
Basic weighted average shares outstanding (in shares)240233165
Diluted weighted average shares outstanding (in shares)252246165
Dividends declared (usd per share)$ 25.44$ 6.83$ 2.20
Capped call proceeds$ 103$ (202)$ 230
Additional Paid-in Capital   
Weighted average shares outstanding:   
Capped call proceeds103(230)230
Oil and gas   
Revenues and other income:   
Revenue16,31011,5033,630
Costs and expenses:   
Costs and expenses1,9221,267682
Sales of purchased commodities   
Revenues and other income:   
Revenue8,0746,3673,394
Costs and expenses:   
Costs and expenses$ 8,235$ 6,560$ 3,633

PXD Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 1,032$ 3,847
Restricted cash037
Accounts receivable, net1,8531,685
Income Taxes Receivable1641
Inventories424369
Investment in affiliate172135
Short-term investments, net058
Other8141
Total current assets3,7266,173
Oil and gas properties, using the successful efforts method of accounting:  
Proved properties38,46534,454
Unproved properties6,0086,063
Accumulated depletion, depreciation and amortization(14,843)(12,335)
Total oil and gas properties, net29,63028,182
Other property and equipment, net1,6581,694
Operating lease right-of-use assets340348
Goodwill243243
Other assets143171
Total assets35,74036,811
Accounts payable:  
Trade2,4872,380
Due to affiliates150179
Interest payable3353
Income taxes payable6345
Current portion of long-term debt779244
Derivatives44538
Operating leases125121
Other206513
Total current liabilities3,8874,073
Long-term debt4,1256,688
Derivatives9625
Deferred income taxes3,8672,038
Operating leases236243
Other liabilities988907
Equity:  
Common stock, $.01 par value; 500,000,000 shares authorized; 244,703,342 and 244,144,444 shares issued as of December 31, 2022 and December 31, 2021, respectively22
Additional paid-in capital18,77919,123
Treasury stock, at cost; 8,667,824 and 1,366,610 shares as of December 31, 2022 and December 31, 2021, respectively(1,925)(248)
Retained earnings5,6853,960
Total equity22,54122,837
Commitments and contingencies
Total Liabilities and Stockholders' Equity$ 35,740$ 36,811