PXD stock dividend – Pioneer Natural Resources Co Declares 3.34 Cash Dividend
June 12, 2023
☀️Dividends Yield
On June 8 2023, Pioneer Natural Resources ($NYSE:PXD) Co (PIONEER NATURAL RESOURCES) declared a 3.34 Cash dividend per share. The last three years have shown that PIONEER NATURAL RESOURCES is committed to offering its investors an attractive dividend yield. In 2021, PIONEER NATURAL RESOURCES had an annual dividend per share of 27.24 USD, which had a yield of 12.13%. The following year, the company declared a dividend per share of 25.44 USD with a yield of 11.34%. This year, the company has issued a dividend per share of 2.3 USD with a yield of 1.69%, resulting in an average dividend yield of 8.39% over the last three years.
If you are interested in dividend stocks, PIONEER NATURAL RESOURCES might be worth considering, with an ex-dividend date of May 31 2023. Although the current dividend yield is lower than the company’s average, the fact that it has been consistent in paying out dividends indicates that the company is able to generate and maintain profits for its shareholders. Therefore, if you are looking for a dividend stock that has a proven track record, PIONEER NATURAL RESOURCES is worth considering.
Share Price
PIONEER NATURAL RESOURCES stock opened the day at $207.0 and closed at the same price, up by 0.1% from its prior closing price of 206.8. This is a positive sign, indicating that investors are optimistic about the company and its future prospects. With this dividend announcement, PIONEER NATURAL RESOURCES is rewarding loyal shareholders by providing a return on their investment. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for PXD. More…
| Total Revenues | Net Income | Net Margin |
| 22.83k | 7.04k | 31.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for PXD. More…
| Operations | Investing | Financing |
| 11.08k | -3.48k | -8.8k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for PXD. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 36.11k | 14.27k | 96.44 |
Key Ratios Snapshot
Some of the financial key ratios for PXD are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 34.3% | 78.4% | 39.9% |
| FCF Margin | ROE | ROA |
| 35.4% | 25.3% | 15.8% |
Analysis
At GoodWhale, we recently conducted an analysis of PIONEER NATURAL RESOURCES’s wellbeing and have determined that the company poses a medium risk in terms of financial and business aspects. However, we have detected two risk warnings, both related to their income sheet and balance sheet. For further information on the risk warnings we have identified, please register as a user on our website. We provide detailed information on the financial health of various companies so that you can make informed decisions as an investor. Our goal is to help you create a portfolio that works best for you. More…
Peers
Pioneer Natural Resources Co is an oil and gas exploration and production company with operations in the United States, South Africa, and Tunisia. The Company’s competitors include APA Corp, Continental Resources Inc, Murphy Oil Corp.
– APA Corp ($NASDAQ:APA)
Founded in 1892, APA Corporation is one of the largest publicly traded oil and gas exploration and production companies in the United States. The company has a market capitalization of $13.68 billion and a return on equity of 1079.73%. APA Corporation is engaged in the exploration, development, and production of natural gas and crude oil. The company operates in the Anadarko Basin, Permian Basin, and Gulf Coast regions of the United States.
– Continental Resources Inc ($NYSE:CLR)
Continental Resources is an American petroleum and natural gas exploration and production company with operations in the Bakken formation in North Dakota and Montana. The company is headquartered in Oklahoma City, Oklahoma. As of December 31, 2020, the company had 1,965 million barrels of oil equivalent of proved reserves, of which 68% was petroleum, 29% was natural gas, and 3% was natural gas liquids. Production averaged 467,000 barrels of oil equivalent per day in 2020.
– Murphy Oil Corp ($NYSE:MUR)
Murphy Oil Corporation is an American oil and gas company headquartered in Houston, Texas. The company was founded in 1950 and is engaged in the exploration, production, and marketing of crude oil, natural gas, and natural gas liquids. Murphy Oil Corporation operates in three segments: Exploration and Production, Refining and Marketing, and Corporate. The Exploration and Production segment explores for, develops, and produces crude oil and natural gas. The Refining and Marketing segment refines crude oil into finished petroleum products and markets these products in the United States and international markets. The Corporate segment includes the company’s central administrative functions.
Summary
Investing in PIONEER NATURAL RESOURCES has been promising over the last three years, with an average annual dividend yield of 8.39%. Dividend payments per share have generally increased over this period, from 27.24 USD in 2021 to 25.44 USD in 2022 and 2.3 USD in 2023, respectively, accompanied by respective yields of 12.13%, 11.34%, and 1.69%. These results suggest a strong track record for steady returns and capital growth potential for investors in PIONEER NATURAL RESOURCES.
