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PXD Pioneer Natural Resources PE ratio, current and historical analysis

The current price-to-earnings ratio for Pioneer Natural Resources stock as of Nov 29, 2023 is 10.59. This is calculated based on the current EPS of $21.71 and the stock price of $229.88 per share. The PE ratio has increased by 28% from the past four quarters average of 8.2.

PXD PE ratio history

How has PXD's PE ratio performed in the past

The average historical PE ratio of Pioneer Natural Resources for the last nine years is 42.54. The current price-to-earnings ratio of 10.59 is 75% less than the historical average. In the past nine years, PXD's PE ratio reached its highest point in the Sep 2017 quarter at 199.38, when the stock price was $147.54 and the EPS was $0.74. The lowest point was recorded in the Mar 2023 quarter, when it reached 6.92 with a price of $204.24 and an EPS of $29.51.


Pioneer Natural Resources PE ratio by year

Maximum annual increase: 42.9% in 2019

Maximum annual decrease: -65.14% in 2022

Year PE ratio Change
2022 7 -65.14%
2021 20.08 N/A
2020 N/A N/A
2019 32.91 42.9%
2018 23.03 -35.25%
2017 35.57 N/A
2016 N/A N/A
2015 N/A N/A
2014 23.26 N/A
2013 N/A N/A

PXD average PE ratio chart

What is the average PE ratio of PXD for the past years

The current PE ratio of PXD is lower than the 3, 5 and 10-year averages.

3-year avg
5-year avg
10-year avg
15-year avg

PXD PE vs peers

What is PXD's PE ratio compared to its peers

When compared to its peer stocks EOG and DVN, PXD's PE ratio is higher. Pioneer Natural Resources's PE ratio is trading above the peer group average of 6.23.

Stock name PE ratio Market cap
CHK Chesapeake Energy Corp 1.91 $10.45B
SD Sandridge Energy Inc 3.12 $515.57M
SM SM Energy Co 5.41 $4.34B
APA Apache Corp 7.23 $11.14B
DVN Devon Energy Corp 7.62 $28.72B
EOG Eog Resources Inc 9.09 $71.87B
MRO Marathon Oil Corp 9.2 $14.81B
PXD Pioneer Natural Resources Co 10.59 $53.63B

Frequently asked questions

What is Pioneer Natural Resources's PE ratio?

PXD's price to earnings ratio is 10.59 as of Nov 29, 2023.

What is the 3-year average PE ratio for Pioneer Natural Resources (PXD)?

The 3-year average PE ratio for PXD stock is 27.0.

What is the 5-year average PE ratio for Pioneer Natural Resources (PXD)?

The 5-year average PE ratio for PXD stock is 32.85.

What is the highest PE ratio for PXD?

Over the last nine years, the quarterly PE ratio reached a historic high of 199.38 in the Sep 2017 quarter.

How does the current PE ratio for PXD compare to its historical average?

The current price to earnings ratio of PXD is 75% lower than the 9-year historical average.

How is PXD's PE ratio calculated (Pioneer Natural Resources PE ratio formula)?

The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Nov 29, 2023), Pioneer Natural Resources's stock price is $229.88. The earnings per share for the trailing twelve months (TTM) ending Sep 2023 is $21.71. Therefore, Pioneer Natural Resources's price to earnings ratio for today is 10.59. PE RATIO(10.59) = STOCK PRICE($229.88) / TTM EPS($21.71)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.