Pioneer Natural Resources Net Tangible Assets

Pioneer Natural Resources posts a net tangible assets of $24B as of March 2024. That compares with $22B in the prior-year period — up 8.0% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Pioneer Natural Resources's net tangible assets was $22B. The latest reading is $24B — a 8.0% year-over-year increase (period ending March 2024). Use the history and growth charts on this page for a longer lookback.

Net Tangible Assets is one piece of Pioneer Natural Resources's financial statement story. At $24B, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for PXD's net tangible assets usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Pioneer Natural Resources's other metric pages and overview cover the third.

Judging Pioneer Natural Resources against Energy peers is usually better than using a market-wide rule of thumb. Business models inside Energy are more comparable, which makes gaps in net tangible assets easier to interpret. Start with $24B here, then scan peer and history charts to see if the gap is persistent.