Pioneer Natural Resources Co
LSE:0KIX
Pioneer Natural Resources Co
Revenue
Pioneer Natural Resources Co
Revenue Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Revenue | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
P
|
Pioneer Natural Resources Co
LSE:0KIX
|
Revenue
$19.4B
|
CAGR 3-Years
40%
|
CAGR 5-Years
16%
|
CAGR 10-Years
19%
|
|
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Hess Corp
NYSE:HES
|
Revenue
$12.9B
|
CAGR 3-Years
20%
|
CAGR 5-Years
15%
|
CAGR 10-Years
2%
|
|
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EOG Resources Inc
NYSE:EOG
|
Revenue
$23.7B
|
CAGR 3-Years
8%
|
CAGR 5-Years
7%
|
CAGR 10-Years
3%
|
|
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Texas Pacific Land Corp
NYSE:TPL
|
Revenue
$705.8m
|
CAGR 3-Years
16%
|
CAGR 5-Years
8%
|
CAGR 10-Years
29%
|
|
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Diamondback Energy Inc
NASDAQ:FANG
|
Revenue
$11.1B
|
CAGR 3-Years
18%
|
CAGR 5-Years
23%
|
CAGR 10-Years
36%
|
|
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Conocophillips
NYSE:COP
|
Revenue
$54.7B
|
CAGR 3-Years
6%
|
CAGR 5-Years
11%
|
CAGR 10-Years
0%
|
Pioneer Natural Resources Co
Glance View
Pioneer Natural Resources Co. stands as a dynamic force in the world of energy, primarily focusing on the extraction and production of oil and natural gas. Rooted deeply in the rich oil fields of the Permian Basin, Texas, Pioneer meticulously navigates the complex landscape of exploration and production. This company has honed its expertise in horizontal drilling and hydraulic fracturing, technologies that have propelled its ability to efficiently tap into vast underground reservoirs. By prioritizing operational efficiency and technological innovation, Pioneer not only extracts resources effectively but also manages to control costs in a fluctuating commodity market. Their commitment to a low-cost production strategy allows them to weather the financial ups and downs that often characterize the oil and gas industry. The company's business model is designed to maximize shareholder value by focusing on high-return projects and continuous improvement of techniques. Pioneer makes money by selling the crude oil and natural gas it produces to refiners, marketers, and integrated oil companies, who then refine these products for end-use by consumers and businesses. Additionally, the company benefits from strategic hedging practices, which provide a buffer against volatile price swings in oil and gas markets. By securing predictable cash flows through these financial instruments, Pioneer can reinvest in its operations, pay dividends to its shareholders, and manage its debt effectively. This balance of operational foresight and financial prudence underscores Pioneer's role as a proficient player in the energy sector.
See Also
What is Pioneer Natural Resources Co's Revenue?
Revenue
19.4B
USD
Based on the financial report for Dec 31, 2023, Pioneer Natural Resources Co's Revenue amounts to 19.4B USD.
What is Pioneer Natural Resources Co's Revenue growth rate?
Revenue CAGR 10Y
19%
Over the last year, the Revenue growth was -21%. The average annual Revenue growth rates for Pioneer Natural Resources Co have been 40% over the past three years , 16% over the past five years , and 19% over the past ten years .