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Pioneer Natural Resources Co (Pioneer Natural Resources Co) 3-Year Dividend Growth Rate

: 85.10% (As of Dec. 2023)
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Pioneer Natural Resources Co's Dividends per Share for the three months ended in Dec. 2023 was $3.20.

The historical rank and industry rank for Pioneer Natural Resources Co's 3-Year Dividend Growth Rate or its related term are showing as below:

PXD' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -35.6   Med: 58.7   Max: 201.8
Current: 85.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Pioneer Natural Resources Co was 201.80% per year. The lowest was -35.60% per year. And the median was 58.70% per year.

PXD's 3-Year Dividend Growth Rate is ranked better than
89.18% of 305 companies
in the Oil & Gas industry
Industry Median: 14.5 vs PXD: 85.10

During the past 12 months, Pioneer Natural Resources Co's average Dividends Per Share Growth Rate was -45.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 85.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 123.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 86.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Pioneer Natural Resources Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.66. As of today, Pioneer Natural Resources Co's Dividend Yield % is 4.08%.

Warning Sign:

Pioneer Natural Resources Co stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Oil & Gas E&P subindustry, Pioneer Natural Resources Co's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pioneer Natural Resources Co 3-Year Dividend Growth Rate Distribution

For the Oil & Gas industry and Energy sector, Pioneer Natural Resources Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Pioneer Natural Resources Co's 3-Year Dividend Growth Rate falls into.



Pioneer Natural Resources Co 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Pioneer Natural Resources Co  (NYSE:PXD) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Pioneer Natural Resources Co's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=3.2/ 4.828
=0.66

During the past 13 years, the highest Dividend Payout Ratio of Pioneer Natural Resources Co was 1.90. The lowest was 0.02. And the median was 0.13.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Pioneer Natural Resources Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 2.5602024-03-012024-03-042024-03-22Cash DividendquarterlyUSD:USD 1.000000
USD 3.2002023-11-292023-11-302023-12-22Cash DividendquarterlyUSD:USD 1.000000
USD 1.8402023-09-052023-09-062023-09-21Cash DividendquarterlyUSD:USD 1.000000
USD 3.3402023-05-312023-06-012023-06-21Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Pioneer Natural Resources Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=10.94/267.97
=4.08 %

Current Share Price is $267.97.
Pioneer Natural Resources Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $10.94.

During the past 13 years, the highest Dividend Yield of Pioneer Natural Resources Co was 13.97%. The lowest was 0.03%. And the median was 0.20%.

Warning Sign:

Pioneer Natural Resources Co stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Pioneer Natural Resources Co 3-Year Dividend Growth Rate Related Terms>


Pioneer Natural Resources Co (Pioneer Natural Resources Co) Business Description

Address
777 Hidden Ridge, Irving, TX, USA, 75038
Headquartered in Irving, Texas, Pioneer Natural Resources is an independent oil and gas exploration and production company focusing on the Permian Basin in Texas. At year-end 2022, Pioneer's proven reserves were 2.4 billion barrels of oil equivalent with net production for the year of 650 mboe per day. Oil and natural gas liquids represented 79% of production.
Executives
Mark H Kleinman officer: EVP & General Counsel 777 HIDDEN RIDGE, IRVING TX 75038
Maria S. Dreyfus director 125 WEST 55TH STREET, 15TH FLOOR, NEW YORK NY 10019
Bonnie S. Black officer: SVP, Technology & Ops Support 777 HIDDEN RIDGE, IRVING TX 75038
Jacinto J Hernandez director 777 HIDDEN RIDGE, IRVING TX 75038
Christopher L Washburn officer: Interim CAO 777 HIDDEN RIDGE, IRVING TX 75038
Mark Stephen Berg officer: EVP, GEN. COUNSEL & SECTY 777 HIDDEN RIDGE, IRVING TX 75038
Tyson L. Taylor officer: SVP, Human Resources 5205 N O'CONNOR BLVD., SUITE 200, IRVING TX 75039
Phoebe A Wood director PO BOX 1080, LOUISVILLE KY 40201
Stacy P. Methvin director 777 HIDDEN RIDGE, IRVING TX 75038
Lori George Billingsley director 777 HIDDEN RIDGE, IRVING TX 75038
Royce Mitchell director 777 HIDDEN RIDGE, IRVING TX 75038
Hall Jerome D Jr officer: EVP, Operations 777 HIDDEN RIDGE, IRVING TX 75038
Frank A Risch director PIONEER NATURAL RESOURCES COMPANY, 5205 N. O'CONNOR BLVD, STE 900, IRVING TX 75039
Chris J Cheatwood officer: EXEC VP WORLDWIDE EXPLORATION 777 HIDDEN RIDGE, IRVING TX 75038
Neal H Shah officer: SVP and CFO 777 HIDDEN RIDGE, IRVING TX 75038