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A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Pioneer Natural Resources Co's Debt-to-EBITDA or its related term are showing as below:
BSP:P1IO34's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 2.07 * Ranked among companies with meaningful Debt-to-EBITDA only.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Pioneer Natural Resources Co Debt-to-EBITDA Related Terms
Pioneer Natural Resources Co Debt-to-EBITDA Historical Data
* 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.
BSP:P1IO34 vs OXY, HES, EOG: Debt-to-EBITDA Comparison
For the Oil & Gas E&P subindustry, Pioneer Natural Resources Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Pioneer Natural Resources Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Pioneer Natural Resources Co's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2024) EBITDA data.
Pioneer Natural Resources Co (BSP:P1IO34) has a Debt-to-EBITDA of 0.60 as of Mar. 2024. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Pioneer Natural Resources Co.
Is Pioneer Natural Resources Co's Debt-to-EBITDA too high?
Pioneer Natural Resources Co's current Debt-to-EBITDA is 0.60. The Oil & Gas industry median Debt-to-EBITDA is 2.07. Pioneer Natural Resources Co's value of 0.60 is 71% below this industry median. Overall, Pioneer Natural Resources Co has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Pioneer Natural Resources Co's Debt-to-EBITDA compare to OXY and HES?
Pioneer Natural Resources Co's Debt-to-EBITDA of 0.60 can be compared against companies in the Oil & Gas industry. The industry median Debt-to-EBITDA is 2.07. Pioneer Natural Resources Co's value of 0.60 is 71% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.07, based on 705 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pioneer Natural Resources Co's current Debt-to-EBITDA of 0.60 is 71% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Pioneer Natural Resources Co. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pioneer Natural Resources Co's current Debt-to-EBITDA is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pioneer Natural Resources Co stock overvalued right now?
Pioneer Natural Resources Co (BSP:P1IO34) has a current Debt-to-EBITDA of 0.60. The current Debt-to-EBITDA is 0.60 and 71% below the Oil & Gas industry median of 2.07. Pioneer Natural Resources Co's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Pioneer Natural Resources Co (BSP:P1IO34), the current Debt-to-EBITDA is 0.60 as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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.
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