Pioneer Natural Resources (PXD) Misses Q2 EPS by 8c, Revenues Beat
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Pioneer Natural Resources Company Reports Second Quarter 2018 Financial and Operating Results
August 7, 2018 4:06 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, 2018.
Pioneer reported second quarter net income attributable to common stockholders of $66 million, or $0.38 per diluted share. Without the effect of noncash mark-to-market (MTM) derivative losses of $170 million after tax, or $0.99 per diluted share, and asset divestiture related net charges of $7 million, or $0.04 per diluted share, adjusted income for the second quarter was $243 million after tax, or $1.41 per diluted share.
Second quarter financial and operating highlights included:
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