News Image

Is NYSE:PXD suited for dividend investing?

By Mill Chart

Last update: Nov 28, 2023

Our stock screening tool has identified PIONEER NATURAL RESOURCES CO (NYSE:PXD) as a strong dividend contender with robust fundamentals. NYSE:PXD exhibits commendable financial health and profitability, all while offering a sustainable dividend. Let's delve into each aspect below.

Dividend Insights: NYSE:PXD

ChartMill assigns a Dividend Rating to each stock, ranging from 0 to 10. This rating is calculated by analyzing various dividend elements, such as yield, historical performance, dividend growth, and sustainability. NYSE:PXD has been awarded a 7 for its dividend quality:

  • PXD has a Yearly Dividend Yield of 5.91%, which is a nice return.
  • Compared to an average industry Dividend Yield of 6.66, PXD pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 2.63, 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 their dividend for at least 10 years, which is a reliable track record.

Looking at the Health

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:

  • PXD has an Altman-Z score of 3.84. This indicates that PXD is financially healthy and has little risk of bankruptcy at the moment.
  • With an excellent Altman-Z score value of 3.84, PXD belongs to the best of the industry, outperforming 81.02% of the companies in the same industry.
  • PXD has a debt to FCF ratio of 1.23. This is a very positive value and a sign of high solvency as it would only need 1.23 years to pay back of all of its debts.
  • PXD's Debt to FCF ratio of 1.23 is fine compared to the rest of the industry. PXD outperforms 79.17% of its industry peers.
  • A Debt/Equity ratio of 0.21 indicates that PXD is not too dependend on debt financing.
  • The Debt to Equity ratio of PXD (0.21) is better than 68.52% of its industry peers.

Understanding NYSE:PXD's Profitability

ChartMill's Profitability Rating offers a unique perspective on stock analysis, providing scores from 0 to 10. These ratings consider a wide range of profitability metrics and margins, both in comparison to industry peers and on their own merits. For NYSE:PXD, the assigned 6 is a significant indicator of profitability:

  • PXD has a Return On Assets of 14.01%. This is in the better half of the industry: PXD outperforms 72.22% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 16.50%, PXD is in the better half of the industry, outperforming 72.69% of the companies in the same industry.
  • The 3 year average ROIC (14.24%) for PXD is below the current ROIC(16.50%), indicating increased profibility in the last year.
  • PXD has a Profit Margin of 26.16%. This is in the better half of the industry: PXD outperforms 61.57% of its industry peers.
  • In the last couple of years the Profit Margin of PXD has grown nicely.
  • In the last couple of years the Operating Margin of PXD has grown nicely.

More Best Dividend stocks can be found in our Best Dividend screener.

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

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

Back

PIONEER NATURAL RESOURCES CO

NYSE:PXD (2/21/2024, 7:04:00 PM)

After market: 234.3 +0.56 (+0.24%)

233.74

+4.6 (+2.01%)

PXD News

News Image14 hours ago - The Motley Fool1 Ultra-High-Yield Energy Stock to Buy Hand Over Fist and 1 to Avoid

The difference between Enterprise Products Partners and Pioneer Energy transcends their dividend-yield figures.

News Imagea day ago - Investor's Business DailyPermian Basin's Largest Producer, After Chevron And Exxon, Due To Report

Diamondback upshifted among oil stocks with its $26 billion acquisition of Endeavour Energy. Investors are hot on details.

News Image7 days ago - Seeking AlphaTudor Investment exits Airbnb, Adobe; boosts Nvidia, Splunk (NYSE:WST)

Tudor Investment Corp. has started new equity positions in Exxon Mobil, Bristol-Myers Squibb, Crown Castle, and Expedia Group, according to its latest 13F...

News Image8 days ago - InvestorPlaceExit Now! 3 Energy Stocks to Sell in February 2024.

Avoid these energy stocks to sell as their shares continue to trend lower and they face the uncertainty of big pending acquisitions.

News Image10 days ago - InvestorPlaceFANG Stock Pops as Diamondback Energy Strikes a $26 BILLION Deal

Oil companies like Diamondback are consolidating to ensure a steady stream of dividends from the profitable Permian Basin.

News Image10 days ago - Market News VideoSee Which Of The Latest 13F Filers Holds Pioneer Natural Resources
News Image10 days ago - Investor's Business DailyDiamondbank Energy Nears Merger With Permian Rival Endeavor

Diamondback Energy could announce a merger with Endeavor on Monday.

News Image14 days ago - Seeking AlphaDevon Energy offers to buy Enerplus: report (NYSE:DVN)

Devon Energy (DVN) offered to buy Enerplus (ERF), Reuters reported, citing people familiar with the matter. Read more.

News Image14 days ago - Seeking AlphaPioneer Natural shareholders OK Exxon merger deal (NYSE:XOM)

Shareholders approve Pioneer Natural Resources' merger with Exxon Mobil, expected to be completed in Q2.

News Image14 days ago - Pioneer Natural Resources CompanyPioneer Natural Resources Announces Results of Special Meeting
News Image15 days ago - The Motley FoolExxonMobil Is Becoming a Moneymaking Machine

ExxonMobil's strategy is delivering results.

News Image17 days ago - Yahoo FinanceThe world is moving toward an energy transition — but Big Oil is reluctant to give up fossil fuels

As ESG initiatives and investing styles fall out of favor, energy giants are doubling down on their core business of oil.

PXD Links
Follow us for more