Pioneer Natural Resources (PXD) Tops Q4 EPS by 15c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- Tech stocks pull Wall Street lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
Pioneer Natural Resources Company Reports Year-End 2016 Proved Reserves and Finding Costs
February 7, 2017 4:06 PM ESTDALLAS--(BUSINESS WIRE)-- Pioneer Natural Resources Company (NYSE: PXD) (Pioneer or the Company) today announced that the Company added proved reserves totaling 205 million barrels oil equivalent (MMBOE) during 2016 from discoveries, extensions and technical revisions of previous estimates (excludes negative price revisions of 58 MMBOE and net proved reserves added of 3 MMBOE from acquisitions and divestitures). These drillbit proved reserve additions equate to a drillbit reserve replacement of 232% of Pioneers full-year 2016 production of 88 MMBOE, which includes production used for field fuel of 2.5 MMBOE.
The Companys substantial reserve additions of 205 MMBOE in 2016 were primarily... More
Pioneer Natural Resources Company Reports Fourth Quarter 2016 Financial and Operating Results and Announces 2017 Capital Program
February 7, 2017 4:05 PM ESTDALLAS--(BUSINESS WIRE)-- Pioneer Natural Resources Company (NYSE: PXD) (Pioneer or the Company) today reported financial and operating results for the quarter ended December 31, 2016, and announced the Companys capital program for 2017.
Pioneer reported a fourth quarter net loss attributable to common stockholders of $44 million, or $0.26 per diluted share. Noncash mark-to-market derivative losses of $142 million after tax were offset by an income tax benefit attributable to tax credits for research and experimental expenditures related to horizontal drilling and completion innovations of $13 million, resulting in adjusted income (income adjusted for noncash mark-to-market derivative losses... More
