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Pioneer Natural Resources Co (LTS:0KIX) Market Cap : $62,814 Mil (As of Apr. 28, 2024)


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What is Pioneer Natural Resources Co Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Pioneer Natural Resources Co's share price for the quarter that ended in Dec. 2023 was $152.19. Pioneer Natural Resources Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 234 Mil. Therefore, Pioneer Natural Resources Co's market cap for the quarter that ended in Dec. 2023 was $35,555 Mil.

Pioneer Natural Resources Co's quarterly market cap increased from Jun. 2023 ($35,482 Mil) to Sep. 2023 ($35,507 Mil) and increased from Sep. 2023 ($35,507 Mil) to Dec. 2023 ($35,555 Mil).

Pioneer Natural Resources Co's annual market cap declined from Dec. 2021 ($36,948 Mil) to Dec. 2022 ($35,922 Mil) and declined from Dec. 2022 ($35,922 Mil) to Dec. 2023 ($35,555 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Pioneer Natural Resources Co's Enterprise Value for Today is $67,693 Mil.


Pioneer Natural Resources Co Market Cap Historical Data

The historical data trend for Pioneer Natural Resources Co's Market Cap 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 Market Cap Chart

Pioneer Natural Resources Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24,348.49 18,471.59 36,948.38 35,922.32 35,555.08

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
Market Cap 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 35,922.32 35,572.28 35,481.58 35,507.30 35,555.08

Competitive Comparison of Pioneer Natural Resources Co's Market Cap

For the Oil & Gas E&P subindustry, Pioneer Natural Resources Co's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pioneer Natural Resources Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Pioneer Natural Resources Co's Market Cap falls into.



Pioneer Natural Resources Co Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Pioneer Natural Resources Co's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$152.19*233.623
=$35,555

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

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$152.19*233.623
=$35,555

* 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  (LTS:0KIX) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Pioneer Natural Resources Co Market Cap Related Terms

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Pioneer Natural Resources Co (LTS:0KIX) Business Description

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 (LTS:0KIX) Headlines

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