Oil & Gas Exploration & Production · NYSE
Current Price
$269.62
Intrinsic Value
Use the calculator below to estimate
Run a PE ratio stock valuation on Pioneer Natural Resources Company with auto-filled earnings data, adjustable target PE, and instant fair value estimate.
Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company explores for, develops, and produces oil, natural gas liquids (NGLs), and gas. It has operations in the Midland Basin in West Texas. As of December 31, 2021, the company had proved undeveloped reserves and proved developed non-producing reserves of 130 million barrels of oil, 92 million barrels of NGLs, and 462 billion cubic feet of gas; and owned interests in 11 gas processing plants. Pioneer Natural Resources Company was founded in 1997 and is headquartered in Irving, Texas.
Earnings Yield
7.74%
ROE (TTM)
21.4%
Based on trailing twelve-month data, PXD has earnings per share of N/A and trades at a PE ratio of N/A. These are key inputs for stock valuation using the PE ratio method.
The trailing twelve-month PE ratio of PXD reflects how much investors pay per dollar of Pioneer Natural Resources Company's earnings. This metric is most useful when compared to Oil & Gas Exploration & Production peers and the company's own historical range.
Whether PXD is overvalued depends on comparing its PE ratio to Oil & Gas Exploration & Production peers, historical averages, and growth expectations. A PE above the sector average may indicate overvaluation, but high-growth companies often command premium multiples. Consider pairing PE analysis with a DCF model for a more complete picture.
To value Pioneer Natural Resources Company using PE: (1) Compare the current PE against the Oil & Gas Exploration & Production median to assess relative pricing, (2) check the PEG ratio to adjust for growth expectations, (3) review the 5-year PE range to identify where the stock sits historically, and (4) estimate fair value by multiplying a target PE by forward EPS estimates. This relative approach complements DCF's absolute valuation.
The PEG ratio divides the PE ratio by the expected earnings growth rate, providing a growth-adjusted valuation metric. A PEG below 1.0 may indicate undervaluation relative to growth, while above 2.0 may suggest overvaluation. PEG is most reliable for companies with stable, predictable earnings growth.
PE ratio gives a quick relative read — how PXD is priced versus Oil & Gas Exploration & Production peers. DCF provides an absolute value based on projected free cash flows. For PXD, with a strong ROE of 21.4%, both methods are worth using — PE for a market-relative check, DCF to stress-test whether fundamentals justify the price. Each method has blind spots: PE ignores capital structure and cash flow quality, while DCF is sensitive to growth and discount rate assumptions.
