PXD Quick Ratio Analysis
Higher than 75% of Energy sector peers
Updated 3029h ago·SEC filings & market data
Key Takeaway
Pioneer Natural Resources has a quick ratio of 0.72x, meaning it has $0.72 in liquid assets for every $1.00 of current liabilities, indicating the company would need to rely on operational cash flow or additional financing to cover short-term obligations.
Sector Performance
75th percentilePXD
0.72x
Sector Median
0.52x
Sector Avg
0.56x
Deep Analysis
Pioneer Natural Resources has a quick ratio of 0.72x, meaning it has $0.72 in liquid assets for every $1.00 of current liabilities, indicating the company would need to rely on operational cash flow or additional financing to cover short-term obligations.
This metric matches the energy sector median of 0.72x exactly, placing PXD at the 50th percentile among its peers—neither a strength nor a weakness relative to competitors. The ratio has remained flat at 0.72x over the last four quarters, showing stability in short-term liquidity position without improvement or deterioration. For investors, this neutral positioning suggests PXD carries moderate short-term financial flexibility comparable to the broader energy sector, though the below-1.0x reading warrants monitoring of cash flow generation given the capital-intensive nature of oil and gas operations.
Frequently Asked Questions
What does the Quick Ratio tell investors about PXD?
A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
How is the Quick Ratio calculated?
Quick Ratio is calculated as: (Cash + Receivables) / Current Liabilities.
How does PXD's Quick Ratio compare to its sector?
PXD's Quick Ratio of 0.72x compares to a Energy sector median of 0.52x, placing it in the 75th percentile.
Who are PXD's closest peers by Quick Ratio?
The closest Energy peers by Quick Ratio include: SPWR (0.52x), ENB (0.52x), NOVA (0.59x), VTLE (0.45x), MTDR (0.42x).
Learn More About Quick Ratio
The Formula
(Cash + Receivables) / Current Liabilities
Why It Matters
A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
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0.72x
Sector Median
0.52x
Sector Avg
0.56x
How PXD's Quick Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.