Why NYSE:PXD is a Top Pick for Dividend Investors.

Unearth the potential of PIONEER NATURAL RESOURCES CO (NYSE:PXD) as a dividend stock recommended by our stock screening tool. NYSE:PXD maintains a robust financial footing and delivers a sustainable dividend. We'll delve into the details below.

Dividend Examination for NYSE:PXD

ChartMill assigns a Dividend Rating to each stock, ranging from 0 to 10. This rating is calculated by analyzing various dividend elements, such as yield, historical performance, dividend growth, and sustainability. NYSE:PXD has been awarded a 7 for its dividend quality:

• PXD has a Yearly Dividend Yield of 6.11%, which is a nice return.
• PXD's Dividend Yield is a higher than the industry average which is at 6.89.
• Compared to an average S&P500 Dividend Yield of 2.45, PXD pays a better dividend.
• On average, the dividend of PXD grows each year by 216.54%, which is quite nice.
• PXD has paid a dividend for at least 10 years, which is a reliable track record.
• PXD has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.

Health Examination for NYSE:PXD

ChartMill employs a unique Health Rating system for all stocks. This rating, ranging from 0 to 10, is determined by analyzing various liquidity and solvency ratios. For NYSE:PXD, the assigned 5 for health provides valuable insights:

• An Altman-Z score of 3.76 indicates that PXD is not in any danger for bankruptcy at the moment.
• PXD has a better Altman-Z score (3.76) than 81.57% of its industry peers.
• The Debt to FCF ratio of PXD is 1.23, which is an excellent value as it means it would take PXD, only 1.23 years of fcf income to pay off all of its debts.
• Looking at the Debt to FCF ratio, with a value of 1.23, PXD is in the better half of the industry, outperforming 79.26% of the companies in the same industry.
• A Debt/Equity ratio of 0.21 indicates that PXD is not too dependend on debt financing.
• With a decent Debt to Equity ratio value of 0.21, PXD is doing good in the industry, outperforming 68.66% of the companies in the same industry.

Analyzing Profitability Metrics

ChartMill's Profitability Rating offers a unique perspective on stock analysis, providing scores from 0 to 10. These ratings consider a wide range of profitability metrics and margins, both in comparison to industry peers and on their own merits. For NYSE:PXD, the assigned 6 is a significant indicator of profitability:

• PXD has a better Return On Assets (14.01%) than 71.43% of its industry peers.
• Looking at the Return On Invested Capital, with a value of 16.50%, PXD is in the better half of the industry, outperforming 72.81% of the companies in the same industry.
• The last Return On Invested Capital (16.50%) for PXD is above the 3 year average (14.24%), which is a sign of increasing profitability.
• PXD has a Profit Margin of 26.16%. This is in the better half of the industry: PXD outperforms 61.29% of its industry peers.
• In the last couple of years the Profit Margin of PXD has grown nicely.
• PXD's Operating Margin has improved in the last couple of years.

More Best Dividend stocks can be found in our Best Dividend screener.

For an up to date full fundamental analysis you can check the fundamental report of PXD

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.