The annual revenue of Pioneer Natural Resources (PXD) for the trailing twelve months (TTM) leading up to 2024 is $19.68 billion. For the full fiscal year 2023, Pioneer Natural Resources reported an annual revenue of $19.37 billion.
Understanding the financial performance of a company like PXD involves looking at its revenue over time. Annual revenue is a key indicator of a company's financial health and its ability to generate sales from its primary operations. It reflects the total amount of money generated by the sale of goods or services related to the company's core business over a twelve-month period.
Pioneer Natural Resources, a prominent independent oil and gas exploration and production company, has shown fluctuating revenue figures over recent years, influenced by market conditions and production volumes.
Historical Annual Revenue of Pioneer Natural Resources (PXD)
To provide a comprehensive view, here's a breakdown of PXD's annual revenue over the past few years:
| Year | Revenue (in Billions) | Change |
|---|---|---|
| 2024 (TTM) | $19.68 B | 1.58% |
| 2023 | $19.37 B | -20.54% |
| 2022 | $24.38 B | 36.45% |
| 2021 | $17.87 B | 154.41% |
- Trailing Twelve Months (TTM) Revenue: The TTM figure provides the most current snapshot of a company's revenue performance by aggregating the revenue from the last four quarters. For PXD, the TTM revenue stands at $19.68 billion.
- Fiscal Year 2023 Revenue: The revenue for the full fiscal year 2023 was $19.37 billion. This represented a decrease compared to the previous year, reflecting market dynamics.
- Fiscal Year 2022 Revenue: PXD experienced significant growth in 2022, with revenue reaching $24.38 billion, driven by strong energy prices.
- Fiscal Year 2021 Revenue: The company saw substantial revenue growth in 2021, reporting $17.87 billion, a significant jump from prior years.
These figures illustrate the volatility inherent in the oil and gas industry, where revenues can be heavily influenced by commodity prices, global demand, and production capabilities.
