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Analyzing NYSE:PXD's Dividend Potential.

By Mill Chart

Last update: Jan 12, 2024

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 every stock. This score ranges from 0 to 10 and evaluates the different dividend aspects, including the yield, the growth and sustainability. NYSE:PXD scores a 7 out of 10:

  • PXD has a Yearly Dividend Yield of 6.08%, which is a nice return.
  • Compared to an average industry Dividend Yield of 7.15, PXD pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 2.45, PXD pays a better dividend.
  • The dividend of PXD is nicely growing with an annual growth rate of 216.54%!
  • 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 Analysis for NYSE:PXD

ChartMill assigns a proprietary Health Rating to each stock. The score is computed by evaluating various liquidity and solvency ratios and ranges from 0 to 10. NYSE:PXD was assigned a score of 5 for health:

  • PXD has an Altman-Z score of 3.68. This indicates that PXD is financially healthy and has little risk of bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 3.68, PXD belongs to the top of the industry, outperforming 81.48% of the companies in the same industry.
  • 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.
  • PXD has a Debt to FCF ratio of 1.23. This is in the better half of the industry: PXD outperforms 79.17% of its industry peers.
  • A Debt/Equity ratio of 0.21 indicates that PXD is not too dependend on debt financing.
  • PXD's Debt to Equity ratio of 0.21 is fine compared to the rest of the industry. PXD outperforms 68.52% of its industry peers.

Assessing Profitability for NYSE:PXD

ChartMill assigns a Profitability Rating to every stock. This score ranges from 0 to 10 and evaluates the different profitability ratios and margins, both absolutely, but also relative to the industry peers. NYSE:PXD scores a 6 out of 10:

  • PXD has a Return On Assets of 14.01%. This is in the better half of the industry: PXD outperforms 70.83% of its industry peers.
  • PXD has a Return On Invested Capital of 16.50%. This is in the better half of the industry: PXD outperforms 72.22% of its industry peers.
  • 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.
  • The Profit Margin of PXD (26.16%) is better than 61.11% 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.

Every day, new Best Dividend stocks can be found on ChartMill in our Best Dividend screener.

Check the latest full fundamental report of PXD for a complete fundamental analysis.

Keep in mind

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.

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