Free cash flow The last 4 quarters Pioneer has produced cash flow of $1,419,483. Capital expenditures including both tangible and intangible has been $94,629. Free cash flow to the company is $1,324,854 for a yield to market cap of =~ 18.55%
if we exclude changes to non cash working capital then the cash flow situation is a bit murky. In the last 4 quarters the company has produced negative cash flow of $883,055. Nevertheless, the company is trading at around net net working capital and so there is safety in capital with the potential of strong returns in the future.