Pioneer Natural Resources Co (Pioneer Natural Resources Co) Momentum Rank : 8 (As of Apr. 25, 2024)

View and export this data going back to 1997. Start your Free Trial

What is Pioneer Natural Resources Co Momentum Rank?

Pioneer Natural Resources Co has the Momentum Rank of 8.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Pioneer Natural Resources Co's Momentum Rank

For the Oil & Gas E&P subindustry, Pioneer Natural Resources Co's Momentum Rank, along with its competitors' market caps and Momentum Rank 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's Momentum Rank Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Pioneer Natural Resources Co's Momentum Rank falls into.

Pioneer Natural Resources Co Momentum Rank Related Terms

Thank you for viewing the detailed overview of Pioneer Natural Resources Co's Momentum Rank 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

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pioneer Natural Resources Co (NYSE:PXD) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

PXD:Mexico 1PXD:Italy PNK:Germany PNK:Germany P1IO34:Brazil

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.

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