Pioneer Natural Resources Co. Stock Slips 0.77% Despite Positive Trading Session
April 19, 2023
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Pioneer Natural Resources ($NYSE:PXD) Co. experienced a minor setback on Monday as its stock slipped 0.77% to $228.22, despite the generally positive performance of the broader markets. The company, based in Irving, Texas, is engaged in the exploration, development and production of oil and natural gas reserves, primarily in the United States and South Africa. With operations located in the Permian Basin, Eagle Ford Shale and Spraberry Trend Area of West Texas, as well as the Williston Basin in North Dakota, Pioneer Natural Resources Co. is one of the largest independent oil and natural gas companies in the US.
Price History
The stock opened at $227.6 and closed at $228.5, up a minimal 0.1% from its last closing price of $228.2. Despite the slight increase in price, the stock was unable to keep up with the rest of the market’s positive trend, closing at a lower price than it opened at. 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 |
| 24.38k | 7.83k | 33.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for PXD. More…
| Operations | Investing | Financing |
| 11.35k | -3.59k | -10.61k |
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 |
| 35.74k | 13.2k | 95.5 |
Key Ratios Snapshot
Some of the financial key ratios for PXD are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 36.1% | 77.2% | 41.4% |
| FCF Margin | ROE | ROA |
| 30.5% | 27.7% | 17.6% |
Analysis
As a financial analyst, I used GoodWhale to analyze the financials of PIONEER NATURAL RESOURCES. The Star Chart gave the company a health score of 8/10, indicating it is in good financial standing and capable of riding out any crisis without the risk of bankruptcy. PIONEER NATURAL RESOURCES is classified as a ‘cheetah’ – a type of company that has achieved high revenue or earnings growth but is considered less stable due to lower profitability. Considering its strong dividend and growth, along with medium asset and profitability, PIONEER NATURAL RESOURCES may be attractive to investors with an appetite for risk and the ability to benefit from quick capital appreciation. Value investors may also find its dividend attractive, as the cashflow and debt health score suggest it can meet its financial obligations. All in all, PIONEER NATURAL RESOURCES is an interesting opportunity that could provide investors with the potential for both growth and income. 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
Pioneer Natural Resources Co. experienced a slight decline of 0.77% on Monday, closing at $228.22. Despite a generally positive day for the stock market, investors responded negatively to Pioneer’s stock. Analysts suggest that this could be due to uncertainties in the industry, or lack of confidence in Pioneer’s ability to grow and succeed in the current environment. It is important for potential investors to carefully evaluate the company’s fundamentals before investing.
