Pioneer Natural Resources (PXD) Target Increased At UBS
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Pioneer Natural Resources Reports First Quarter 2016 Financial and Operating Results
April 25, 2016 4:10 PM EDTDALLAS--(BUSINESS WIRE)-- Pioneer Natural Resources Company (NYSE: PXD) (Pioneer or the Company) today reported financial and operating results for the quarter ended March 31, 2016.
Pioneer reported a first quarter net loss attributable to common stockholders of $267 million, or $1.65 per diluted share. Without the effect of noncash mark-to-market derivative losses and other unusual items, adjusted results for the first quarter were a net loss of $104 million after tax, or $0.64 per diluted share.
First quarter and other recent highlights included:
producing 222 thousand barrels oil equivalent per day (MBOEPD), of... More