Pioneer Natural Resources Company
Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company explores for, develops, and produces oil, natural gas liquids (NGLs), and gas. It has operations in the Midland Basin in West Texas. The company was founded in 1997 and is headquartered in Irving, Texas. As of May 3, 2024, Pioneer Natural Resources Company … Read more
Pioneer Natural Resources Company (PNK) - Total Assets
Latest total assets as of March 2024: €37.51 Billion EUR
Based on the latest financial reports, Pioneer Natural Resources Company (PNK) holds total assets worth €37.51 Billion EUR as of March 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Pioneer Natural Resources Company - Total Assets Trend (2014–2023)
This chart illustrates how Pioneer Natural Resources Company’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Pioneer Natural Resources Company - Asset Composition Analysis
Current Asset Composition (December 2023)
Pioneer Natural Resources Company's total assets of €37.51 Billion consist of 7.1% current assets and 92.9% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 0.7% |
| Accounts Receivable | €1.59 Billion | 4.3% |
| Inventory | €476.00 Million | 1.3% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €242.00 Million | 0.7% |
Asset Composition Trend (2014–2023)
This chart illustrates how Pioneer Natural Resources Company's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Pioneer Natural Resources Company's current assets represent 7.1% of total assets in 2023, a decrease from 15.8% in 2014.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2023, down from 6.9% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 4.3% of total assets.
Pioneer Natural Resources Company Competitors by Total Assets
Key competitors of Pioneer Natural Resources Company based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Jadestone Energy Inc
LSE:JSE
|
UK | GBX1.12 Billion |
|
Gear Energy Ltd
OTCQX:GENGF
|
USA | $339.27 Million |
|
Arrow Exploration Corp
PINK:CSTPF
|
USA | $93.68 Million |
|
IPB Petroleum Ltd
AU:IPB
|
Australia | AU$3.63 Million |
|
James Bay Resources Limited
PINK:JMBRF
|
USA | $176.62K |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
|
Oriental Energy Co Ltd
SHE:002221
|
China | CN¥40.74 Billion |
|
Panoro Energy ASA
F:1PZ
|
Germany | €674.69 Million |
Pioneer Natural Resources Company - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Pioneer Natural Resources Company generates 0.53x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Pioneer Natural Resources Company generates $ 13.37 in net profit.
Pioneer Natural Resources Company - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.90 | 0.88 | 0.86 |
| Quick Ratio | 0.76 | 0.76 | 0.76 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-322.00 Million | € -464.00 Million | € -350.00 Million |
Pioneer Natural Resources Company - Advanced Valuation Insights
This section examines the relationship between Pioneer Natural Resources Company's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.77 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 2.4% |
| Total Assets | €36.61 Billion |
| Market Capitalization | $52.66 Million USD |
Valuation Analysis
Below Book Valuation: The market values Pioneer Natural Resources Company's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Pioneer Natural Resources Company's assets grew by 2.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Pioneer Natural Resources Company (2014–2023)
The table below shows the annual total assets of Pioneer Natural Resources Company from 2014 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €36.61 Billion | +2.44% |
| 2022-12-31 | €35.74 Billion | -2.91% |
| 2021-12-31 | €36.81 Billion | +91.43% |
| 2020-12-31 | €19.23 Billion | +0.85% |
| 2019-12-31 | €19.07 Billion | +6.50% |
| 2018-12-31 | €17.90 Billion | +5.29% |
| 2017-12-31 | €17.00 Billion | +3.31% |
| 2016-12-31 | €16.46 Billion | +8.61% |
| 2015-12-31 | €15.15 Billion | +1.64% |
| 2014-12-31 | €14.91 Billion | -- |