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Pioneer Natural Resources

OverviewSuggest Edit

Pioneer Natural Resources Company is an oil and gas exploration and production company that explores for, develops, and produces oil, natural gas liquids (NGLs), and gas. It sells homogeneous oil, NGL, and gas units.

TypePublic
Founded1997
HQIrving, TX, USMap
Websitepxd.com
Employee Ratings3.7More
Overall CultureBMore
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Latest Updates

Employees (est.) (Dec 2019)2,323(-26%)
Revenue (FY, 2019)$9.7 B(+4%)
Share Price (Jan 2021)$127.4 (-3%)
Cybersecurity ratingBMore

Key People/Management at Pioneer Natural Resources

Mark S. Berg

Mark S. Berg

Executive Vice President, Corporate Operations
Chris J. Cheatwood

Chris J. Cheatwood

Executive Vice President, Field Development and Emerging Technology
Bonnie S. Black

Bonnie S. Black

Vice President, Drilling
Richard P. Dealy

Richard P. Dealy

Executive Vice President and Chief Financial Officer
J.D. Hall

J.D. Hall

Executive Vice President, Operations
William F. Hannes

William F. Hannes

Senior Vice President, Special Projects
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Pioneer Natural Resources Office Locations

Pioneer Natural Resources has offices in Irving and Midland
Irving, TX, US (HQ)
5205 N O'Connor Blvd #200
Irving, TX, US
777 Hidden Ridge
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Pioneer Natural Resources Financials and Metrics

Pioneer Natural Resources Revenue

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Pioneer Natural Resources's revenue was reported to be $9.67 b in FY, 2019 which is a 3.1% increase from the previous period.
USD

Revenue (Q3, 2020)

1.9b

Gross profit (Q3, 2020)

696.0m

Gross profit margin (Q3, 2020), %

37.5%

Net income (Q3, 2020)

(20.0m)

Market capitalization (15-Jan-2021)

27.5b

Closing stock price (15-Jan-2021)

127.4

Cash (30-Sept-2020)

1.3b

EV

29.7b
Pioneer Natural Resources's current market capitalization is $27.5 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

5.3b9.4b9.7b

Revenue growth, %

43%77%3%

Cost of goods sold

2.4b4.8b5.3b

Gross profit

2.9b4.6b4.3b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

2.3b2.4b2.5b2.2b2.4b2.4b2.3b1.1b1.9b

Cost of goods sold

1.3b1.3b1.1b1.2b1.3b1.4b1.2b739.0m1.2b

Gross profit

1.1b1.1b1.3b1.1b1.1b1.1b1.1b402.0m696.0m

Gross profit Margin, %

46%47%54%48%44%44%47%35%37%
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Annual
USDFY, 2017FY, 2018FY, 2019

Cash

896.0m825.0m631.0m

Accounts Receivable

639.0m694.0m1.0b

Prepaid Expenses

26.0m

Inventories

212.0m242.0m205.0m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

1.0b792.0m919.0m511.0m643.0m437.0m784.0m180.0m1.3b

Accounts Receivable

826.0m853.0m876.0m870.0m783.0m848.0m555.0m566.0m662.0m

Inventories

218.0m236.0m269.0m253.0m249.0m246.0m188.0m170.0m191.0m

Current Assets

2.8b2.5b2.7b2.5b2.2b1.9b2.1b1.2b2.4b
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Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

833.0m975.0m756.0m

Depreciation and Amortization

1.4b1.5b1.7b

Inventories

(35.0m)(70.0m)(20.0m)

Accounts Payable

134.0m321.0m(7.0m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

178.0m241.0m652.0m350.0m181.0m412.0m289.0m(150.0m)(170.0m)

Depreciation and Amortization

357.0m735.0m1.1b421.0m833.0m1.3b434.0m850.0m1.2b

Inventories

(6.0m)(35.0m)(70.0m)(36.0m)(58.0m)(55.0m)16.0m34.0m13.0m

Accounts Payable

(9.0m)218.0m305.0m(74.0m)(69.0m)1.0m(284.0m)(313.0m)(164.0m)
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USDFY, 2017

EV/CFO

15 x

Revenue/Employee

1.4m

Debt/Equity

0.2 x

Debt/Assets

0.2 x

Financial Leverage

1.5 x

P/E Ratio

35.6
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Pioneer Natural Resources Operating Metrics

FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020

Gas Average Daily Sales Volume, Mcf

352.51 k311.85 k466.41 k320.66 k393.39 k360.62 k357.92 k364.24 k365.06 k408.89 k416.52 k

Natural Gas Liquids Average Daily Sales Volume, Bbls

55.01 k66.18 k64.47 k62.61 k63.78 k67.07 k67.08 k74.81 k72.32 k84.36 k90.18 k

Oil Average Daily Sales Volume, Bbls

158.57 k182.52 k185.50 k195.12 k190.64 k206.26 k207.44 k215.52 k212.35 k222.66 k214.96 k
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Pioneer Natural Resources Acquisitions / Subsidiaries

Company NameDateDeal Size
Parsley EnergyOctober 20, 2020$4.50 b
DMLP CO.
Industrial Sands Holding Company
LF Holding Company LDC
Mesa Environmental Ventures Co.
Parker & Parsley Argentina, Inc.
Petroleum South Cape (Pty) Ltd.
Pioneer Hutt Wind Energy LLC
Pioneer International Resources Company
Pioneer Natural Gas Company
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Pioneer Natural Resources Revenue Breakdown

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Pioneer Natural Resources revenue breakdown by business segment: 48.9% from Sales of Purchased Oil, 5.3% from NGL Sales, 43.1% from Oil Sales and 2.8% from Other

Pioneer Natural Resources Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

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Pioneer Natural Resources Online and Social Media Presence

Pioneer Natural Resources's Trends

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Pioneer Natural Resources Company Culture

  • Overall Culture

    B

    75/100

  • CEO Rating

    A+

    100/100

  • Compensation

    A+

    100/100

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Pioneer Natural Resources News and Updates

February 23, 2019

PIONEER NATURAL RESOURCES INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Pioneer Natural Resources Company - PXD

NEW ORLEANS, Feb. 22, 2019 /PRNewswire/ -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into Pioneer Natural Resources Company (NYSE: PXD). On January 2,...

Pioneer Natural Resources Blogs

October 20, 2020

Pioneer Natural Resources Announces Agreement to Acquire Parsley Energy

DALLAS & AUSTIN, Texas --(BUSINESS WIRE)--Oct. 20, 2020-- Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") and Parsley Energy, Inc. (NYSE:PE) (“Parsley”) today announced that they have entered into a definitive agreement under which Pioneer will acquire all of the
October 08, 2020

Pioneer Natural Resources Announces Third Quarter 2020 Earnings News Release Date and Conference Call

DALLAS --(BUSINESS WIRE)--Oct. 8, 2020-- Pioneer Natural Resources Company (“Pioneer”) (NYSE:PXD) today announced its third quarter 2020 earnings news release is scheduled to be issued after the close of trading on the New York Stock Exchange on Wednesday, November 4, 2020 .
October 07, 2020

Pioneer Natural Resources Announces New Executive Management Responsibilities

DALLAS --(BUSINESS WIRE)--Oct. 7, 2020-- Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today announced the realignment of certain members of Pioneer’s Management Committee. These changes are effective January 1, 2021 and support the Company’s continued goals to deliver
August 06, 2020

Pioneer Natural Resources Announces Pricing of Public Offering of $1.1 Billion of 1.90% Senior Notes Due 2030

DALLAS --(BUSINESS WIRE)--Aug. 6, 2020-- Pioneer Natural Resources Company (NYSE: PXD) (“Pioneer” or “the Company”) today announced that it has priced a public offering of $1.1 billion of 1.90% Senior Notes that will mature August 15, 2030 (the “Notes”), pursuant to an effective shelf registration
August 04, 2020

Pioneer Natural Resources Company Reports Second Quarter 2020 Financial and Operating Results

DALLAS --(BUSINESS WIRE)--Aug. 4, 2020-- Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today reported financial and operating results for the quarter ended June 30, 2020 . Pioneer reported a second quarter net loss attributable to common stockholders of $439 million , or
July 16, 2020

Pioneer Natural Resources Announces Second Quarter 2020 Earnings News Release Date and Conference Call

DALLAS --(BUSINESS WIRE)--Jul. 16, 2020-- Pioneer Natural Resources Company (“Pioneer”) (NYSE:PXD) today announced its second quarter 2020 earnings news release is scheduled to be issued after the close of trading on the New York Stock Exchange on Tuesday, August 4, 2020 .
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 Pioneer Natural Resources Frequently Asked Questions

  • When was Pioneer Natural Resources founded?

    Pioneer Natural Resources was founded in 1997.

  • Who are Pioneer Natural Resources key executives?

    Pioneer Natural Resources's key executives are Mark S. Berg, Chris J. Cheatwood and Bonnie S. Black.

  • How many employees does Pioneer Natural Resources have?

    Pioneer Natural Resources has 2,323 employees.

  • What is Pioneer Natural Resources revenue?

    Latest Pioneer Natural Resources annual revenue is $9.7 b.

  • What is Pioneer Natural Resources revenue per employee?

    Latest Pioneer Natural Resources revenue per employee is $4.2 m.

  • Who are Pioneer Natural Resources competitors?

    Competitors of Pioneer Natural Resources include Apache Corporation, Occidental Petroleum and Northern Offshore.

  • Where is Pioneer Natural Resources headquarters?

    Pioneer Natural Resources headquarters is located at 5205 N O'Connor Blvd #200, Irving.

  • Where are Pioneer Natural Resources offices?

    Pioneer Natural Resources has offices in Irving and Midland.

  • How many offices does Pioneer Natural Resources have?

    Pioneer Natural Resources has 3 offices.