Pioneer Oil & Gas (Pioneer Oil & Gas) Net Cash per Share : $0.20 (As of Jun. 2005)

Pioneer Oil & Gas Net Cash per Share Chart

Pioneer Oil & Gas Quarterly Data
	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05
Net Cash per Share	Get a 7-Day Free Trial															-0.07	-0.05	-0.05	0.04	0.20

Competitive Comparison of Pioneer Oil & Gas's Net Cash per Share

For the Oil & Gas Integrated subindustry, Pioneer Oil & Gas's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Oil & Gas's Price-to-Net-Cash Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pioneer Oil & Gas's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Pioneer Oil & Gas's Price-to-Net-Cash falls into.

Pioneer Oil & Gas Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Pioneer Oil & Gas's Net Cash per Share for the fiscal year that ended in Sep. 2004 is calculated as

Pioneer Oil & Gas's Net Cash per Share for the quarter that ended in Jun. 2005 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pioneer Oil & Gas  (OTCPK:POGS) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.

Pioneer Oil & Gas Net Cash per Share Related Terms

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Pioneer Oil & Gas (Pioneer Oil & Gas) Business Description