Pioneer Natural Resources Co (BSP:P1IO34) Interest Expense : R$-753 Mil (TTM As of Mar. 2024)

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What is Pioneer Natural Resources Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pioneer Natural Resources Co's interest expense for the three months ended in Mar. 2024 was R$ -199 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was R$-753 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Pioneer Natural Resources Co's Operating Income for the three months ended in Mar. 2024 was R$ 7,768 Mil. Pioneer Natural Resources Co's Interest Expense for the three months ended in Mar. 2024 was R$ -199 Mil. Pioneer Natural Resources Co's Interest Coverage for the quarter that ended in Mar. 2024 was 39.00. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Pioneer Natural Resources Co Interest Expense Historical Data

The historical data trend for Pioneer Natural Resources Co's Interest Expense can be seen below:

* 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.

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Pioneer Natural Resources Co Interest Expense Chart

Pioneer Natural Resources Co Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-480.23

-735.69

-853.89

-723.87

-695.77

Pioneer Natural Resources Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-338.56	-199.00	-217.30	-137.19	-199.19

Pioneer Natural Resources Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-753 Mil.

Pioneer Natural Resources Co (BSP:P1IO34) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Pioneer Natural Resources Co's Interest Expense for the three months ended in Mar. 2024 was R$-199 Mil. Its Operating Income for the three months ended in Mar. 2024 was R$7,768 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was R$25,223 Mil.

Pioneer Natural Resources Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	7768.488	/	-199.192
	=	39.00

The higher the ratio, the stronger the company's financial strength is.

Pioneer Natural Resources Co (BSP:P1IO34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pioneer Natural Resources Co (BSP:P1IO34) » Definitions » Interest Expense

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Traded in Other Exchanges

PXD:USA PXD:Mexico 1PXD:Italy PNK:Germany

Address

777 Hidden Ridge, Irving, TX, USA, 75038

Website

https://www.pxd.com

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.

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