Pioneer Natural Resources (PXD) Tops Q3 EPS by 40c, Revenues Beat

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Go back to Pioneer Natural Resources (PXD) Tops Q3 EPS by 40c, Revenues Beat

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

November 6, 2018 4:15 PM EST

DALLAS--(BUSINESS WIRE)-- Pioneer Natural Resources Company (NYSE: PXD) (Pioneer or the Company) today reported financial and operating results for the quarter ended September 30, 2018.

Pioneer reported third quarter net income attributable to common stockholders of $411 million, or $2.39 per diluted share. Without the effect of noncash mark-to-market (MTM) derivative gains of $38 million after tax, or $0.22 per diluted share, and asset divestiture related net benefits of $18 million, or $0.10 per diluted share, adjusted income for the third quarter was $355 million after tax, or $2.07 per diluted share.

Third quarter financial and operating highlights included:

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