Pioneer Natural Resources Co (BSP:P1IO34) Scaled Net Operating Assets: 0.79 (As of Mar. 2024)


BSP:P1IO34 Pioneer Natural Resources Co BSP:P1IO34
4 GF Score
Price R$339.15
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What is Pioneer Natural Resources Co Scaled Net Operating Assets?

Pioneer Natural Resources Co BSP:P1IO34 4 Scaled Net Operating Assets is 0.79 as of Mar. 2024. GuruFocus rates BSP:P1IO34 with a GF Score™ of 4/100.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Pioneer Natural Resources Co's operating assets for the quarter that ended in Mar. 2024 was R$183,899 Mil. Pioneer Natural Resources Co's operating liabilities for the quarter that ended in Mar. 2024 was R$42,772 Mil. Pioneer Natural Resources Co's Total Assets for the quarter that ended in Dec. 2023 was R$179,396 Mil. Therefore, Pioneer Natural Resources Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.79.

Pioneer Natural Resources Co Scaled Net Operating Assets Historical Data

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The historical data trend for Pioneer Natural Resources Co's Scaled Net Operating Assets 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.

Pioneer Natural Resources Co Scaled Net Operating Assets Chart

Pioneer Natural Resources Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.89 1.49 0.67 0.73

Pioneer Natural Resources Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets 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 0.75 0.71 0.80 0.77 0.79

BSP:P1IO34 vs OXY, HES, EOG: Scaled Net Operating Assets Comparison

For the Oil & Gas E&P subindustry, Pioneer Natural Resources Co's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pioneer Natural Resources Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Pioneer Natural Resources Co's Scaled Net Operating Assets falls into.


BSP:P1IO34
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Pioneer Natural Resources Co BSP:P1IO34
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Pioneer Natural Resources Co Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Pioneer Natural Resources Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(177539.353-40099.964)/187470.596
=0.73

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=179396.377 - 1857.024
=177539.353

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=65863.112 - 24768.489 - 994.659
=40099.964

Pioneer Natural Resources Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(183899.034-42771.502)/179396.377
=0.79

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=186812.217 - 2913.183
=183899.034

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=69338.735 - 25222.687 - 1344.546
=42771.502

* 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.

What does a Scaled Net Operating Assets of 0.79 mean?
Pioneer Natural Resources Co (BSP:P1IO34) has a Scaled Net Operating Assets of 0.79 as of Mar. 2024. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Pioneer Natural Resources Co and its competitors.
Is Pioneer Natural Resources Co's Scaled Net Operating Assets too high?
Pioneer Natural Resources Co's current Scaled Net Operating Assets is 0.79. 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 Scaled Net Operating Assets compare to OXY and HES?
Pioneer Natural Resources Co's Scaled Net Operating Assets of 0.79 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 Scaled Net Operating Assets for an Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Pioneer Natural Resources Co and its competitors. Pioneer Natural Resources Co's current Scaled Net Operating Assets is 0.79. 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 Scaled Net Operating Assets of 0.79. The current Scaled Net Operating Assets is 0.79. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Pioneer Natural Resources Co (BSP:P1IO34), the current Scaled Net Operating Assets is 0.79 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.

Pioneer Natural Resources Co Business Description

Industry EnergyOil & Gas
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.
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R$339.15
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