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Pioneer Natural Resources Co (BSP:P1IO34) Capex-to-Operating-Income : 0.73 (As of Dec. 2023)


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What is Pioneer Natural Resources Co Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Pioneer Natural Resources Co's Capital Expenditure for the three months ended in Dec. 2023 was R$-5,561.27 Mil. Its Operating Income for the three months ended in Dec. 2023 was R$7,604.49 Mil.

Hence, Pioneer Natural Resources Co's Capex-to-Operating-Income for the three months ended in Dec. 2023 was 0.73.


Pioneer Natural Resources Co Capex-to-Operating-Income Historical Data

The historical data trend for Pioneer Natural Resources Co's Capex-to-Operating-Income 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 Capex-to-Operating-Income Chart

Pioneer Natural Resources Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 3.03 0.48 0.38 0.70

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
Capex-to-Operating-Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.55 0.70 0.86 0.54 0.73

Competitive Comparison of Pioneer Natural Resources Co's Capex-to-Operating-Income

For the Oil & Gas E&P subindustry, Pioneer Natural Resources Co's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income 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 Natural Resources Co's Capex-to-Operating-Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pioneer Natural Resources Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Pioneer Natural Resources Co's Capex-to-Operating-Income falls into.



Pioneer Natural Resources Co Capex-to-Operating-Income Calculation

Pioneer Natural Resources Co's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-22396.986) / 32059.391
=0.70

Pioneer Natural Resources Co's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-5561.273) / 7604.49
=0.73

* 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 Natural Resources Co  (BSP:P1IO34) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


Pioneer Natural Resources Co Capex-to-Operating-Income Related Terms

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Pioneer Natural Resources Co (BSP:P1IO34) Business Description

Traded in Other Exchanges
Address
777 Hidden Ridge, Irving, TX, USA, 75038
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.

Pioneer Natural Resources Co (BSP:P1IO34) Headlines

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