Pioneer Natural Resources (PXD) Tops Q2 EPS by 5c

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Pioneer Natural Resources Reports Second Quarter 2015 Financial and Operating Results

August 4, 2015 4:20 PM EDT

DALLAS--(BUSINESS WIRE)-- Pioneer Natural Resources Company (NYSE: PXD) (Pioneer or the Company) today announced financial and operating results for the quarter ended June 30, 2015.

Pioneer reported a second quarter net loss attributable to common stockholders of $218 million, or $1.46 per diluted share. Without the effect of noncash derivative mark-to-market losses and other unusual items, adjusted income for the second quarter was $15 million after tax, or $0.10 per diluted share.

Second quarter and other recent highlights included:

producing 197 thousand barrels oil equivalent per day (MBOEPD) in the second quarter, of which 51% was oil;... More