PIONEER NATURAL RESOURCES CO (PXD)

US7237871071 - Common Stock

272.18  +1.87 (+0.69%)

Fundamental Rating

5

Taking everything into account, PXD scores 5 out of 10 in our fundamental rating. PXD was compared to 214 industry peers in the Oil, Gas & Consumable Fuels industry. PXD has an average financial health and profitability rating. PXD has a valuation in line with the averages, but it does not seem to be growing.



6

1. Profitability

1.1 Basic Checks

In the past year PXD was profitable.
PXD had a positive operating cash flow in the past year.
Of the past 5 years PXD 4 years were profitable.
PXD had a positive operating cash flow in each of the past 5 years.

1.2 Ratios

Looking at the Return On Assets, with a value of 13.33%, PXD is in the better half of the industry, outperforming 75.12% of the companies in the same industry.
The Return On Equity of PXD (21.07%) is better than 62.91% of its industry peers.
PXD has a Return On Invested Capital of 15.30%. This is in the better half of the industry: PXD outperforms 77.00% of its industry peers.
PXD had an Average Return On Invested Capital over the past 3 years of 18.75%. This is significantly below the industry average of 45.80%.
Industry RankSector Rank
ROA 13.33%
ROE 21.07%
ROIC 15.3%
ROA(3y)13.67%
ROA(5y)8.8%
ROE(3y)21.7%
ROE(5y)13.94%
ROIC(3y)18.75%
ROIC(5y)13.28%

1.3 Margins

With a decent Profit Margin value of 25.20%, PXD is doing good in the industry, outperforming 63.85% of the companies in the same industry.
PXD's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 33.80%, PXD is doing good in the industry, outperforming 62.91% of the companies in the same industry.
PXD's Operating Margin has improved in the last couple of years.
The Gross Margin of PXD (51.42%) is comparable to the rest of the industry.
PXD's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 33.8%
PM (TTM) 25.2%
GM 51.42%
OM growth 3Y74.62%
OM growth 5Y9.14%
PM growth 3YN/A
PM growth 5Y19.44%
GM growth 3Y13.55%
GM growth 5Y2.27%

6

2. Health

2.1 Basic Checks

PXD has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for PXD has been reduced compared to 1 year ago.
Compared to 5 years ago, PXD has more shares outstanding
The debt/assets ratio for PXD has been reduced compared to a year ago.

2.2 Solvency

An Altman-Z score of 4.20 indicates that PXD is not in any danger for bankruptcy at the moment.
PXD has a better Altman-Z score (4.20) than 84.51% of its industry peers.
PXD has a debt to FCF ratio of 1.31. This is a very positive value and a sign of high solvency as it would only need 1.31 years to pay back of all of its debts.
PXD has a Debt to FCF ratio of 1.31. This is amongst the best in the industry. PXD outperforms 82.16% 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.
The Debt to Equity ratio of PXD (0.21) is better than 67.61% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.21
Debt/FCF 1.31
Altman-Z 4.2
ROIC/WACC1.76
WACC8.68%

2.3 Liquidity

PXD has a Current Ratio of 0.88. This is a bad value and indicates that PXD is not financially healthy enough and could expect problems in meeting its short term obligations.
PXD's Current ratio of 0.88 is on the low side compared to the rest of the industry. PXD is outperformed by 68.54% of its industry peers.
PXD has a Quick Ratio of 0.88. This is a bad value and indicates that PXD is not financially healthy enough and could expect problems in meeting its short term obligations.
PXD has a worse Quick ratio (0.72) than 71.36% of its industry peers.
Industry RankSector Rank
Current Ratio 0.88
Quick Ratio 0.72

3

3. Growth

3.1 Past

The earnings per share for PXD have decreased strongly by -31.81% in the last year.
The Earnings Per Share has been growing by 26.89% on average over the past years. This is a very strong growth
The Revenue for PXD has decreased by -20.54% in the past year. This is quite bad
PXD shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.61% yearly.
EPS 1Y (TTM)-31.81%
EPS 3Y115.76%
EPS 5Y26.89%
EPS growth Q2Q-11%
Revenue 1Y (TTM)-20.54%
Revenue growth 3Y40.24%
Revenue growth 5Y15.61%
Revenue growth Q2Q-1.89%

3.2 Future

PXD is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -0.12% yearly.
The Revenue is expected to grow by 5.04% on average over the next years.
EPS Next Y-0.89%
EPS Next 2Y2.95%
EPS Next 3Y0.88%
EPS Next 5Y-0.12%
Revenue Next Year11.05%
Revenue Next 2Y9.52%
Revenue Next 3Y5.04%
Revenue Next 5YN/A

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.

4

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 13.09, the valuation of PXD can be described as correct.
PXD's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of PXD to the average of the S&P500 Index (24.75), we can say PXD is valued slightly cheaper.
A Price/Forward Earnings ratio of 13.21 indicates a correct valuation of PXD.
PXD's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.23, PXD is valued a bit cheaper.
Industry RankSector Rank
PE 13.09
Fwd PE 13.21

4.2 Price Multiples

PXD's Enterprise Value to EBITDA ratio is in line with the industry average.
PXD's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 17.19
EV/EBITDA 7.17

4.3 Compensation for Growth

PXD has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.49
EPS Next 2Y2.95%
EPS Next 3Y0.88%

6

5. Dividend

5.1 Amount

PXD has a Yearly Dividend Yield of 4.08%, which is a nice return.
Compared to an average industry Dividend Yield of 5.79, PXD pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.45, PXD pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.08%

5.2 History

The dividend of PXD is nicely growing with an annual growth rate of 112.46%!
PXD has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)112.46%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

PXD pays out 67.57% of its income as dividend. This is not a sustainable payout ratio.
The Dividend Rate of PXD has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP67.57%
EPS Next 2Y2.95%
EPS Next 3Y0.88%

PIONEER NATURAL RESOURCES CO

NYSE:PXD (4/22/2024, 9:42:04 AM)

272.18

+1.87 (+0.69%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap63.59B
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 4.08%
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE 13.09
Fwd PE 13.21
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.49
Profitability
Industry RankSector Rank
ROA 13.33%
ROE 21.07%
ROCE
ROIC
ROICexc
ROICexgc
OM 33.8%
PM (TTM) 25.2%
GM 51.42%
FCFM
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.53
Health
Industry RankSector Rank
Debt/Equity 0.21
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 0.88
Quick Ratio 0.72
Altman-Z
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-31.81%
EPS 3Y115.76%
EPS 5Y
EPS growth Q2Q
EPS Next Y-0.89%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-20.54%
Revenue growth 3Y40.24%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y