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 $224.88. 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 $52,537 Mil.
Pioneer Natural Resources Co's quarterly market cap
increased
from Jun. 2023 ($48,302 Mil) to Sep. 2023 ($53,556 Mil) but then
declined
from Sep. 2023 ($53,556 Mil) to Dec. 2023 ($52,537 Mil).
Pioneer Natural Resources Co's annual market cap
increased
from Dec. 2021 ($44,156 Mil) to Dec. 2022 ($53,908 Mil) but then
declined
from Dec. 2022 ($53,908 Mil) to Dec. 2023 ($52,537 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 $67,483 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 Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Market Cap
25,058.85
18,732.29
44,156.46
53,908.26
52,537.14
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
53,908.26
47,738.24
48,301.95
53,556.08
52,537.14
Competitive Comparison
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 Market Cap Distribution
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
* 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 (NYSE:PXD) 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 companys 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 (Pioneer Natural Resources Co) Business Description
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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