Pioneer Natural Resources Profit margin
What is the Profit margin of Pioneer Natural Resources?
The Profit margin of Pioneer Natural Resources Company is 11.85%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin 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 profit margin similar to Pioneer Natural Resources
- Vanke Property (Overseas) has Profit margin of 11.84%
- HCA Healthcare has Profit margin of 11.84%
- Lennox Intl Dl ,01 has Profit margin of 11.84%
- Lennox International Inc has Profit margin of 11.84%
- India Glycols has Profit margin of 11.85%
- TFF has Profit margin of 11.85%
- Pioneer Natural Resources has Profit margin of 11.85%
- Oceania Healthcare has Profit margin of 11.85%
- Globus Spirits has Profit margin of 11.86%
- Computershare has Profit margin of 11.86%
- Computershare has Profit margin of 11.86%
- Woodside Petroleum Ltd has Profit margin of 11.86%
- Woodside Petroleum has Profit margin of 11.86%