Why the dividend investor may take a look at NYSE:PXD.

Last update: Feb 2, 2024

Our stock screener has spotted PIONEER NATURAL RESOURCES CO (NYSE:PXD) as a good dividend stock with solid fundamentals. NYSE:PXD shows decent health and profitability. At the same time it gives a good and sustainable dividend. We'll dive into each aspect below.

A Closer Look at Dividend for NYSE:PXD

ChartMill employs its own Dividend Rating system for all stocks. This score, on a scale of 0 to 10, is determined by evaluating different dividend factors, such as yield, historical performance, dividend growth, and sustainability. NYSE:PXD has been assigned a 7 for dividend:

PXD has a Yearly Dividend Yield of 6.12%, which is a nice return.
PXD's Dividend Yield is a higher than the industry average which is at 7.31.
PXD's Dividend Yield is rather good when compared to the S&P500 average which is at 2.47.
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.

Deciphering NYSE:PXD's Health Rating

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 3.76. This indicates that PXD is financially healthy and has little risk of bankruptcy at the moment.
PXD's Altman-Z score of 3.76 is amongst the best of the industry. PXD outperforms 80.93% 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 79.53% of the companies in the same industry.
PXD has a Debt/Equity ratio of 0.21. This is a healthy value indicating a solid balance between debt and equity.
PXD has a Debt to Equity ratio of 0.21. This is in the better half of the industry: PXD outperforms 67.44% of its industry peers.

Profitability Insights: NYSE:PXD

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 71.16% of its industry peers.
PXD's Return On Invested Capital of 16.50% is fine compared to the rest of the industry. PXD outperforms 72.09% of its industry peers.
The 3 year average ROIC (14.24%) for PXD is below the current ROIC(16.50%), indicating increased profibility in the last year.
PXD's Profit Margin of 26.16% is fine compared to the rest of the industry. PXD outperforms 61.86% of its industry peers.
PXD's Profit Margin has improved in the last couple of years.
In the last couple of years the Operating Margin of PXD has grown nicely.

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

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.