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Analyzing NYSE:PXD's Dividend Potential.

By Mill Chart

Last update: Nov 7, 2023

PIONEER NATURAL RESOURCES CO (NYSE:PXD) is a hidden gem unveiled by our stock screening tool, featuring a promising dividend outlook alongside solid fundamentals. NYSE:PXD demonstrates decent financial health and profitability while ensuring a sustainable dividend. Let's break it down further.

Dividend Examination for NYSE:PXD

ChartMill employs its own Dividend Rating system for all stocks. This score, on a scale of 0 to 10, is determined by evaluating different dividend factors, such as yield, historical performance, dividend growth, and sustainability. NYSE:PXD has been assigned a 7 for dividend:

  • PXD has a Yearly Dividend Yield of 5.73%, which is a nice return.
  • PXD's Dividend Yield is a higher than the industry average which is at 7.19.
  • Compared to an average S&P500 Dividend Yield of 2.69, PXD pays a better dividend.
  • On average, the dividend of PXD grows each year by 216.54%, which is quite nice.
  • PXD has been paying a dividend for at least 10 years, so it has a reliable track record.
  • PXD has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.

A Closer Look at Health for NYSE:PXD

Every stock is evaluated by ChartMill, receiving a Health Rating on a scale of 0 to 10. This assessment considers different health aspects, including liquidity and solvency, both in absolute terms and relative to industry peers. NYSE:PXD has achieved a 5 out of 10:

  • An Altman-Z score of 3.92 indicates that PXD is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 3.92, PXD belongs to the top of the industry, outperforming 80.91% of the companies in the same industry.
  • The Debt to FCF ratio of PXD is 1.23, which is an excellent value as it means it would take PXD, only 1.23 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of PXD (1.23) is better than 79.55% of its industry peers.
  • PXD has a Debt/Equity ratio of 0.21. This is a healthy value indicating a solid balance between debt and equity.
  • PXD's Debt to Equity ratio of 0.21 is fine compared to the rest of the industry. PXD outperforms 69.09% of its industry peers.

Understanding NYSE:PXD's Profitability

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NYSE:PXD has earned a 6 out of 10:

  • PXD's Return On Assets of 14.01% is fine compared to the rest of the industry. PXD outperforms 67.27% of its industry peers.
  • PXD has a Return On Invested Capital of 16.50%. This is in the better half of the industry: PXD outperforms 68.18% of its industry peers.
  • The last Return On Invested Capital (16.50%) for PXD is above the 3 year average (14.24%), which is a sign of increasing profitability.
  • PXD's Profit Margin has improved in the last couple of years.
  • PXD's Operating Margin has improved in the last couple of years.

Every day, new Best Dividend stocks can be found on ChartMill in our Best Dividend screener.

Our latest full fundamental report of PXD contains the most current fundamental analsysis.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

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PIONEER NATURAL RESOURCES CO

NYSE:PXD (4/26/2024, 7:12:02 PM)

After market: 268.87 0 (0%)

268.87

-6.28 (-2.28%)

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