POGS (Pioneer Oil & Gas) Goodwill: $0.00 Mil (As of Jun. 2005)

What is Pioneer Oil & Gas Goodwill?

Pioneer Oil & Gas POGS -37.34% Goodwill is $0.00 Mil as of Jun. 2005.

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Pioneer Oil & Gas's goodwill for the quarter that ended in Jun. 2005 was $0.00 Mil.

Pioneer Oil & Gas (OTCPK:POGS) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Pioneer Oil & Gas's Goodwill-to-Asset Ratio for the fiscal year that ended in Sep. 2004 is calculated as

Goodwill-to-Asset (A: Sep. 2004 )	=	Goodwill	/	Total Assets
	=	0	/	2.385
	=	0.00

Pioneer Oil & Gas's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2005 is calculated as

Goodwill-to-Asset (Q: Jun. 2005 )	=	Goodwill	/	Total Assets
	=	0	/	7.659
	=	0.00

* 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.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.

Pioneer Oil & Gas Goodwill Related Terms

Pioneer Oil & Gas Goodwill Historical Data

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The historical data trend for Pioneer Oil & Gas's Goodwill can be seen below:

Pioneer Oil & Gas Goodwill Chart

Pioneer Oil & Gas Annual Data

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Goodwill	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

Pioneer Oil & Gas Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.

Frequently Asked Questions Learn more about Goodwill →

What does a Goodwill of $0.00 Mil mean?

Pioneer Oil & Gas (POGS) has a Goodwill of $0.00 Mil as of Jun. 2005. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Pioneer Oil & Gas and its competitors.

Is Pioneer Oil & Gas' Goodwill too high?

Pioneer Oil & Gas' current Goodwill is $0.00 Mil.

How does Pioneer Oil & Gas' Goodwill compare to ECT and TRNX?

Pioneer Oil & Gas' Goodwill of $0.00 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Goodwill for an Oil & Gas company?

A good Goodwill depends on the Oil & Gas industry context. However, Goodwill should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Goodwill mean?

A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Pioneer Oil & Gas and its competitors. Pioneer Oil & Gas's current Goodwill is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Pioneer Oil & Gas stock overvalued right now?

Pioneer Oil & Gas (POGS) has a current Goodwill of $0.00 Mil. The current Goodwill is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Goodwill calculated?

Goodwill is calculated from a company's financial statements. For Pioneer Oil & Gas (POGS), the current Goodwill is $0.00 Mil as of Jun. 2005. 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.

Pioneer Oil & Gas Business Description

Industry Energy Oil & Gas

Comparable Companies ECT LSE:VOG LSE:ECHO TRNX LSE:QFI XKLS:7250 HSTC:PGS HKSE:00346 SLNG TSXV:PEA AE HKSE:01251 STC:PGD HKSE:00228 SZSE:002259 TSE:9535 MIC:YAKG KUW:IPG ISX:SURE OSL:AVANCE

Address 1206 West South Jordan Parkway, Unit B, South Jordan, UT, USA, 84095-5512

Website http://www.piol.com

Pioneer Oil & Gas operates in the oil and gas integrated industry. The company is engaged in the business of acquiring, developing, producing, and selling oil and gas properties to companies located in the continental United States. The majority of the company's revenue is derived from royalty income.