Pioneer Natural Resources (PXD) Misses Q2 EPS by 8c, Revenues Beat

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Go back to Pioneer Natural Resources (PXD) Misses Q2 EPS by 8c, Revenues Beat

Pioneer Natural Resources Company Reports Second Quarter 2018 Financial and Operating Results

August 7, 2018 4:06 PM EDT

DALLAS--(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:

... More