Pioneer Natural Resources (PXD) Tops Q2 EPS by 12c
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Pioneer Natural Resources Reports Second Quarter 2016 Financial and Operating Results
July 27, 2016 4:05 PM EDTDALLAS--(BUSINESS WIRE)-- Pioneer Natural Resources Company (NYSE: PXD) (Pioneer or the Company) today reported financial and operating results for the quarter ended June 30, 2016.
Pioneer reported a second quarter net loss attributable to common stockholders of $268 million, or $1.63 per diluted share. Without the effect of noncash mark-to-market derivative losses, adjusted results for the second quarter were a net loss of $37 million after tax, or $0.22 per diluted share.
Second quarter and other recent highlights included:
producing 233 thousand barrels oil equivalent per day (MBOEPD), of which 58% was oil;... More