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Pioneer Natural Resources Co (Pioneer Natural Resources Co) Net Margin %

: 25.00% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Pioneer Natural Resources Co's Net Income for the three months ended in Dec. 2023 was $1,269 Mil. Pioneer Natural Resources Co's Revenue for the three months ended in Dec. 2023 was $5,076 Mil. Therefore, Pioneer Natural Resources Co's net margin for the quarter that ended in Dec. 2023 was 25.00%.

The historical rank and industry rank for Pioneer Natural Resources Co's Net Margin % or its related term are showing as below:

PXD' s Net Margin % Range Over the Past 10 Years
Min: -15.84   Med: 11.14   Max: 32.17
Current: 25.26


PXD's Net Margin % is ranked better than
82.14% of 974 companies
in the Oil & Gas industry
Industry Median: 4.235 vs PXD: 25.26

Pioneer Natural Resources Co Net Margin % Historical Data

The historical data trend for Pioneer Natural Resources Co's Net Margin % 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.

* Premium members only.

Pioneer Natural Resources Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.99 -2.85 11.85 32.17 25.26

Pioneer Natural Resources Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.62 26.58 24.17 25.31 25.00

Competitive Comparison

For the Oil & Gas E&P subindustry, Pioneer Natural Resources Co's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution

For the Oil & Gas industry and Energy sector, Pioneer Natural Resources Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Pioneer Natural Resources Co's Net Margin % falls into.



Pioneer Natural Resources Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Pioneer Natural Resources Co's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=4894/19374
=25.26 %

Pioneer Natural Resources Co's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=1269/5076
=25.00 %

* 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  (NYSE:PXD) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Pioneer Natural Resources Co Net Margin % Related Terms

Thank you for viewing the detailed overview of Pioneer Natural Resources Co's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


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