Pioneer Natural Resources Co (Pioneer Natural Resources Co) Long-Term Capital Lease Obligation

: $248 Mil (As of Dec. 2023)

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Pioneer Natural Resources Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $248 Mil.

Pioneer Natural Resources Co's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 ($243 Mil) to Sep. 2023 ($245 Mil) and increased from Sep. 2023 ($245 Mil) to Dec. 2023 ($248 Mil).

Pioneer Natural Resources Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($243 Mil) to Dec. 2022 ($236 Mil) but then increased from Dec. 2022 ($236 Mil) to Dec. 2023 ($248 Mil).

Pioneer Natural Resources Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Pioneer Natural Resources Co's Long-Term Capital Lease Obligation can be seen below:

* 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.

* Premium members only.

Pioneer Natural Resources Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

170.00

110.00

243.00

236.00

248.00

Pioneer Natural Resources Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation																236.00	252.00	243.00	245.00	248.00

Pioneer Natural Resources Co (NYSE:PXD) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

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Pioneer Natural Resources Co (Pioneer Natural Resources Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pioneer Natural Resources Co (NYSE:PXD) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

PXD:Mexico 1PXD:Italy PNK:Germany PNK:Germany P1IO34:Brazil

Address

777 Hidden Ridge, Irving, TX, USA, 75038

Website

https://www.pxd.com

Headquartered in Irving, Texas, Pioneer Natural Resources is an independent oil and gas exploration and production company focusing on the Permian Basin in Texas. At year-end 2022, Pioneer's proven reserves were 2.4 billion barrels of oil equivalent with net production for the year of 650 mboe per day. Oil and natural gas liquids represented 79% of production.

Executives

Mark H Kleinman	officer: EVP & General Counsel	777 HIDDEN RIDGE, IRVING TX 75038
Maria S. Dreyfus	director	125 WEST 55TH STREET, 15TH FLOOR, NEW YORK NY 10019
Bonnie S. Black	officer: SVP, Technology & Ops Support	777 HIDDEN RIDGE, IRVING TX 75038
Jacinto J Hernandez	director	777 HIDDEN RIDGE, IRVING TX 75038
Christopher L Washburn	officer: Interim CAO	777 HIDDEN RIDGE, IRVING TX 75038
Mark Stephen Berg	officer: EVP, GEN. COUNSEL & SECTY	777 HIDDEN RIDGE, IRVING TX 75038
Tyson L. Taylor	officer: SVP, Human Resources	5205 N O'CONNOR BLVD., SUITE 200, IRVING TX 75039
Phoebe A Wood	director	PO BOX 1080, LOUISVILLE KY 40201
Stacy P. Methvin	director	777 HIDDEN RIDGE, IRVING TX 75038
Lori George Billingsley	director	777 HIDDEN RIDGE, IRVING TX 75038
Royce Mitchell	director	777 HIDDEN RIDGE, IRVING TX 75038
Hall Jerome D Jr	officer: EVP, Operations	777 HIDDEN RIDGE, IRVING TX 75038
Frank A Risch	director	PIONEER NATURAL RESOURCES COMPANY, 5205 N. O'CONNOR BLVD, STE 900, IRVING TX 75039
Chris J Cheatwood	officer: EXEC VP WORLDWIDE EXPLORATION	777 HIDDEN RIDGE, IRVING TX 75038
Neal H Shah	officer: SVP and CFO	777 HIDDEN RIDGE, IRVING TX 75038