PXDNEUTRAL

Quick Ratio

0.72x

Higher than 73% of Energy sector peers

Updated 1923h ago

Sector Performance

73th percentile

PXD

0.72x

Sector Median

0.52x

Sector Avg

0.57x

📊

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 73th percentile.

Who are PXD's closest peers by Quick Ratio?

The closest Energy peers by Quick Ratio include: SPWR (0.52x), ENB (0.52x), EPD (0.50x), CNQ (0.58x), NOVA (0.59x).

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.

Advertisement

Master PXD's Valuation

Get the complete institutional research report covering all fundamental and technical metrics.

View full PXD research report

Free account — no credit card

PXD

0.72x

Sector Median

0.52x

Sector Avg

0.57x

How PXD's Quick Ratio compares to sector peers.

Not financial advice. Research tool only. Data may be delayed.