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Pioneer Natural Resources Co PXD Stock Quote

| Rating as of

NYSE: PXD

Last close prices updated as of Jan 30, 2023, 7:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 229.83
  • Sector Energy
  • Industry Oil & Gas E&P
  • Investment Style Large Blend
  • Day Range 229.12  –  232.71
  • Year Range 200.09  –  288.46
  • Market Cap 54.6073 Bil
  • Volume / Avg 1.8 Mil /  2.1 Mil
  • Price / Sales 2.36
  • Price / Book 2.38
  • Forward Div Yield 10.67%
  • Trailing Div Yield 11.07%

Morningstar‘s Stock Analysis PXD

Valuation
Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

With Negligible Debt, Pioneer Is Essentially Free To Distribute All Its Free Cash to Shareholders

Dave Meats Director

Business Strategy and Outlook

| Dave Meats |

Pioneer Natural Resources is one of the largest Permian Basin oil and gas producers overall, and is the largest pure play. It has about 800,000 net acres in the play, all of which is located on the Midland Basin side where it believes it can get the best returns. The firm acquired the bulk of its acreage well before the shale revolution began, with an average acquisition cost of around $500 per acre. That's a fraction of what most of its peers shelled out during the land grab at the beginning of the Permian boom, giving the firm a unique advantage. And the vast majority of this acreage is located in the core of the play, where well performance is typically strongest. That gives Pioneer an extensive runway of low-cost drilling opportunities primarily targeting the Wolfcamp A, Wolfcamp B, and Spraberry reservoirs.

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Key Statistics PXD

Company Profile PXD

Business Description

Headquartered in Irving, Texas, Pioneer Natural Resources is an independent oil and gas exploration and production company focusing on the Permian Basin in Texas. At year-end 2021, Pioneer's proven reserves were 2.2 billion barrels of oil equivalent with net production for the year of 612 mboe per day. Oil and natural gas liquids represented 68% of production.

Contact
777 Hidden Ridge
Irving, TX, 75038
Sector Energy
Industry Oil & Gas E&P
Employees 1,932

Related Articles PXD

FAQs for Pioneer Natural Resources Co Stock

Yes. PXD has a forward dividend yield of 10.67%. See PXD’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

PXD’s market cap is 54.61 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

PXD’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

PXD’s price/sales is 2.40.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

PXD’s price/forward earnings is 8.47.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

PXD’s price/book is 2.43.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See PXD’s valuation ratios compared to the Market Index.

PXD’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare PXD’s historical performance against its industry peers and the overall market.