PIONEER NATURAL RESOURCES CO (PXD) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PXD - US7237871071 - Common Stock
269.62 USD
+1.96 (+0.73%)
269.82 USD
+0.2 (+0.07%)
Overall PXD gets a fundamental rating of 5 out of 10. We evaluated PXD against 209 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and the financial health of PXD get a neutral evaluation. Nothing too spectacular is happening here. PXD is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
PXD had positive earnings in the past year.
In the past year PXD had a positive cash flow from operations.
Of the past 5 years PXD 4 years were profitable.
Each year in the past 5 years PXD had a positive operating cash flow.
1.2 Ratios
The Return On Assets of PXD (13.33%) is better than 79.53% of its industry peers.
PXD has a Return On Equity of 21.07%. This is in the better half of the industry: PXD outperforms 66.51% of its industry peers.
The Return On Invested Capital of PXD (15.30%) is better than 78.14% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PXD is below the industry average of 21.27%.
| Industry Rank | Sector 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
PXD has a better Profit Margin (25.20%) than 68.84% of its industry peers.
In the last couple of years the Profit Margin of PXD has grown nicely.
Looking at the Operating Margin, with a value of 33.80%, PXD is in the better half of the industry, outperforming 64.65% of the companies in the same industry.
In the last couple of years the Operating Margin of PXD has grown nicely.
With a Gross Margin value of 51.42%, PXD perfoms like the industry average, outperforming 53.95% of the companies in the same industry.
In the last couple of years the Gross Margin of PXD has grown nicely.
| Industry Rank | Sector 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%
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.
Compared to 1 year ago, PXD has less shares outstanding
Compared to 1 year ago, PXD has an improved debt to assets ratio.
2.2 Solvency
PXD has an Altman-Z score of 4.20. This indicates that PXD is financially healthy and has little risk of bankruptcy at the moment.
PXD has a Altman-Z score of 4.20. This is amongst the best in the industry. PXD outperforms 84.65% 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.
Looking at the Debt to FCF ratio, with a value of 1.31, PXD belongs to the top of the industry, outperforming 81.86% of the companies in the same industry.
PXD has a Debt/Equity ratio of 0.21. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.21, PXD is in the better half of the industry, outperforming 67.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 1.31 | ||
| Altman-Z | 4.2 |
ROIC/WACC1.8
WACC8.52%
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 has a Current ratio of 0.88. This is in the lower half of the industry: PXD underperforms 69.30% of its industry peers.
A Quick Ratio of 0.72 indicates that PXD may have some problems paying its short term obligations.
PXD's Quick ratio of 0.72 is on the low side compared to the rest of the industry. PXD is outperformed by 71.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
The earnings per share for PXD have decreased strongly by -31.81% in the last year.
PXD shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 26.89% yearly.
The Revenue for PXD has decreased by -20.54% in the past year. This is quite bad
Measured over the past years, PXD shows a quite strong growth in Revenue. The Revenue has been growing by 15.61% on average per year.
EPS 1Y (TTM)-31.81%
EPS 3Y115.76%
EPS 5Y26.89%
EPS Q2Q%-11%
Revenue 1Y (TTM)-20.54%
Revenue growth 3Y40.24%
Revenue growth 5Y15.61%
Sales Q2Q%-1.89%
3.2 Future
Based on estimates for the next years, PXD will show a small growth in Earnings Per Share. The EPS will grow by 1.86% on average per year.
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 5Y1.86%
Revenue Next Year11.05%
Revenue Next 2Y9.52%
Revenue Next 3Y5.04%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 12.97 indicates a correct valuation of PXD.
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 (26.51), we can say PXD is valued rather cheaply.
PXD is valuated correctly with a Price/Forward Earnings ratio of 13.08.
PXD's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.13. PXD is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.97 | ||
| Fwd PE | 13.08 |
4.2 Price Multiples
PXD's Enterprise Value to EBITDA ratio is in line with the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as PXD.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.02 | ||
| EV/EBITDA | 7.15 |
4.3 Compensation for Growth
The decent profitability rating of PXD may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.48
EPS Next 2Y2.95%
EPS Next 3Y0.88%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.06%, PXD is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.93, PXD pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.00, PXD pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.06% |
5.2 History
On average, the dividend of PXD grows each year by 112.46%, which is quite nice.
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.
PXD's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP67.57%
EPS Next 2Y2.95%
EPS Next 3Y0.88%
269.62
+1.96 (+0.73%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners7.51%
Inst Owner Change1150000%
Ins Owners0.34%
Ins Owner Change0%
Market Cap62.99B
Revenue(TTM)19.37B
Net Income(TTM)4.88B
Analysts64.83
Price Target280.31 (3.96%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.06% |
Yearly Dividend14.05
Dividend Growth(5Y)112.46%
DP67.57%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.42%
Min EPS beat(2)-4.88%
Max EPS beat(2)4.04%
EPS beat(4)3
Avg EPS beat(4)2.59%
Min EPS beat(4)-4.88%
Max EPS beat(4)6.48%
EPS beat(8)6
Avg EPS beat(8)3.35%
EPS beat(12)9
Avg EPS beat(12)5.09%
EPS beat(16)12
Avg EPS beat(16)5.78%
Revenue beat(2)2
Avg Revenue beat(2)27.69%
Min Revenue beat(2)24.44%
Max Revenue beat(2)30.95%
Revenue beat(4)4
Avg Revenue beat(4)26.42%
Min Revenue beat(4)20.94%
Max Revenue beat(4)30.95%
Revenue beat(8)8
Avg Revenue beat(8)37.3%
Revenue beat(12)12
Avg Revenue beat(12)52.68%
Revenue beat(16)16
Avg Revenue beat(16)62.64%
PT rev (1m)7.73%
PT rev (3m)8.47%
EPS NQ rev (1m)3.81%
EPS NQ rev (3m)-9.66%
EPS NY rev (1m)0%
EPS NY rev (3m)-7.08%
Revenue NQ rev (1m)2.65%
Revenue NQ rev (3m)1.37%
Revenue NY rev (1m)0%
Revenue NY rev (3m)6.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.97 | ||
| Fwd PE | 13.08 | ||
| P/S | 3.25 | ||
| P/FCF | 17.02 | ||
| P/OCF | 7.46 | ||
| P/B | 2.72 | ||
| P/tB | 2.75 | ||
| EV/EBITDA | 7.15 |
EPS(TTM)20.79
EY7.71%
EPS(NY)20.61
Fwd EY7.64%
FCF(TTM)15.84
FCFY5.87%
OCF(TTM)36.16
OCFY13.41%
SpS82.93
BVpS99.18
TBVpS98.15
PEG (NY)N/A
PEG (5Y)0.48
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.33% | ||
| ROE | 21.07% | ||
| ROCE | 19.47% | ||
| ROIC | 15.3% | ||
| ROICexc | 15.47% | ||
| ROICexgc | 15.59% | ||
| OM | 33.8% | ||
| PM (TTM) | 25.2% | ||
| GM | 51.42% | ||
| FCFM | 19.1% |
ROA(3y)13.67%
ROA(5y)8.8%
ROE(3y)21.7%
ROE(5y)13.94%
ROIC(3y)18.75%
ROIC(5y)13.28%
ROICexc(3y)19.88%
ROICexc(5y)14.08%
ROICexgc(3y)20.03%
ROICexgc(5y)14.21%
ROCE(3y)23.86%
ROCE(5y)16.9%
ROICexgc growth 3Y90.31%
ROICexgc growth 5Y6.86%
ROICexc growth 3Y90.91%
ROICexc growth 5Y7.09%
OM growth 3Y74.62%
OM growth 5Y9.14%
PM growth 3YN/A
PM growth 5Y19.44%
GM growth 3Y13.55%
GM growth 5Y2.27%
F-Score4
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 1.31 | ||
| Debt/EBITDA | 0.51 | ||
| Cap/Depr | 165.9% | ||
| Cap/Sales | 24.51% | ||
| Interest Coverage | 51.57 | ||
| Cash Conversion | 89.77% | ||
| Profit Quality | 75.79% | ||
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.72 | ||
| Altman-Z | 4.2 |
F-Score4
WACC8.52%
ROIC/WACC1.8
Cap/Depr(3y)152.12%
Cap/Depr(5y)149.99%
Cap/Sales(3y)19.79%
Cap/Sales(5y)23.45%
Profit Quality(3y)100.01%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-31.81%
EPS 3Y115.76%
EPS 5Y26.89%
EPS Q2Q%-11%
EPS Next Y-0.89%
EPS Next 2Y2.95%
EPS Next 3Y0.88%
EPS Next 5Y1.86%
Revenue 1Y (TTM)-20.54%
Revenue growth 3Y40.24%
Revenue growth 5Y15.61%
Sales Q2Q%-1.89%
Revenue Next Year11.05%
Revenue Next 2Y9.52%
Revenue Next 3Y5.04%
Revenue Next 5YN/A
EBIT growth 1Y-36.4%
EBIT growth 3Y144.89%
EBIT growth 5Y26.18%
EBIT Next Year49.37%
EBIT Next 3Y16.67%
EBIT Next 5Y13.3%
FCF growth 1Y-49.42%
FCF growth 3Y118.23%
FCF growth 5YN/A
OCF growth 1Y-25.56%
OCF growth 3Y59.47%
OCF growth 5Y21.11%
PIONEER NATURAL RESOURCES CO / PXD FAQ
What is the ChartMill fundamental rating of PIONEER NATURAL RESOURCES CO (PXD) stock?
ChartMill assigns a fundamental rating of 5 / 10 to PXD.
What is the valuation status of PIONEER NATURAL RESOURCES CO (PXD) stock?
ChartMill assigns a valuation rating of 4 / 10 to PIONEER NATURAL RESOURCES CO (PXD). This can be considered as Fairly Valued.
What is the profitability of PXD stock?
PIONEER NATURAL RESOURCES CO (PXD) has a profitability rating of 6 / 10.
Can you provide the financial health for PXD stock?
The financial health rating of PIONEER NATURAL RESOURCES CO (PXD) is 6 / 10.
Can you provide the expected EPS growth for PXD stock?
The Earnings per Share (EPS) of PIONEER NATURAL RESOURCES CO (PXD) is expected to decline by -0.89% in the next year.