Pioneer Natural Resources (PXD) Misses Q4 EPS by 50c, Revenues Miss
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Pioneer Natural Resources Company Reports Fourth-Quarter and Full-Year 2018 Financial and Operating Results; Provides 2019 Outlook
February 13, 2019 4:18 PM ESTDALLAS--(BUSINESS WIRE)-- Pioneer Natural Resources Company (NYSE: PXD) (Pioneer or the Company) today reported financial and operating results for the quarter and year ended December 31, 2018. Pioneer reported fourth quarter net income attributable to common stockholders of $324 million, or $1.89 per diluted share. These results include the effect of noncash mark-to-market (MTM) derivative gains and certain other unusual items typically excluded by the investment community in published estimates. Excluding these items, non-GAAP adjusted income for the fourth quarter was $202 million, or $1.18 per diluted share. For the full-year 2018, the Company reported net income attributable to common stockholders... More
