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Pioneer Natural Resources Co (FRA:PNK) Interest Expense : €-165 Mil (TTM As of Dec. 2023)


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What is Pioneer Natural Resources Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pioneer Natural Resources Co's interest expense for the three months ended in Dec. 2023 was € -26 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-165 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Pioneer Natural Resources Co's Operating Income for the three months ended in Dec. 2023 was € 1,423 Mil. Pioneer Natural Resources Co's Interest Expense for the three months ended in Dec. 2023 was € -26 Mil. Pioneer Natural Resources Co's Interest Coverage for the quarter that ended in Dec. 2023 was 55.43. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Pioneer Natural Resources Co Interest Expense Historical Data

The historical data trend for Pioneer Natural Resources Co's Interest Expense 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 Interest Expense Chart

Pioneer Natural Resources Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -105.30 -117.55 -133.64 -130.27 -130.21

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
Interest Expense 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 -35.87 -60.71 -37.84 -41.23 -25.68

Pioneer Natural Resources Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-165 Mil.

* 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  (FRA:PNK) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Pioneer Natural Resources Co's Interest Expense for the three months ended in Dec. 2023 was €-26 Mil. Its Operating Income for the three months ended in Dec. 2023 was €1,423 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was €4,635 Mil.

Pioneer Natural Resources Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*1423.184/-25.676
=55.43

* 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.

The higher the ratio, the stronger the company's financial strength is.


Pioneer Natural Resources Co (FRA:PNK) 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.