Pioneer Natural Resources Ret. on equity
What is the Ret. on equity of Pioneer Natural Resources?
The Ret. on equity of Pioneer Natural Resources Company is 30.57%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Miscellaneous sector on LSE compared to Pioneer Natural Resources
What does Pioneer Natural Resources do?
Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company explores for, develops, and produces oil, natural gas liquids (NGLs), and gas. It has operations in the Midland Basin in West Texas. As of December 31, 2021, the company had proved undeveloped reserves and proved developed non-producing reserves of 130 million barrels of oil, 92 million barrels of NGLs, and 462 billion cubic feet of gas; and owned interests in 11 gas processing plants. Pioneer Natural Resources Company was founded in 1997 and is headquartered in Irving, Texas.
Companies with ret. on equity similar to Pioneer Natural Resources
- Etrion has Ret. on equity of 30.51%
- NAPCO Security Technologies Inc has Ret. on equity of 30.51%
- Argan SA has Ret. on equity of 30.54%
- Argan SA has Ret. on equity of 30.54%
- Polaris has Ret. on equity of 30.55%
- Denbury has Ret. on equity of 30.55%
- Pioneer Natural Resources has Ret. on equity of 30.57%
- Atlas Inc has Ret. on equity of 30.59%
- Eltek Ltd has Ret. on equity of 30.59%
- Costco Wholesale Corp has Ret. on equity of 30.61%
- J.B. Hunt Transport Services has Ret. on equity of 30.61%
- Array Technologies has Ret. on equity of 30.62%
- Riverstone has Ret. on equity of 30.62%