Pioneer Natural Resources Company (PXD) Company Bio
Pioneer Natural Resources engages in the exploration and production of oil and gas in the United States. The company also produces and sells oil, natural gas liquids, and gas. The company was founded in 1997 and is based in Irving, Texas.
PXD Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Pioneer Natural Resources Co. To summarize, we found that Pioneer Natural Resources Co ranked in the 64th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 105%. As for the metrics that stood out in our discounted cash flow analysis of Pioneer Natural Resources Co, consider:
The company's compound free cash flow growth rate over the past 0.5 years comes in at 0.67%; that's greater than 85.15% of US stocks we're applying DCF forecasting to.
Pioneer Natural Resources Co's weighted average cost of capital (WACC) is 8%; for context, that number is higher than just 24.81% of tickers in our DCF set.
Relative to other stocks in its sector (Energy), Pioneer Natural Resources Co has a reliance on debt greater than only 15.61% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Energy that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as PXD, try DCP, SPNX, TNK, GMLP, and GLP.
Following a week where oil-focused names followed crude prices lower, Wells Fargo is plumbing for tickers of interest with the investment case in exploration and production "incrementally positive." "With the impacts of Shale Wars 2.0 and COVID-19 having negatively impacted the energy sector (and E&P specifically) on both the supply...
Pioneer Natural Resources and Devon Energy Corp plan a variable dividend, executives at the U.S. shale producers said on Wednesday as companies in the battered sector seek ways to reward shareholders after years of poor returns.
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.