Pioneer Natural Resources (PXD) Tops Q2 EPS by 3c, Revenues Beat

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Pioneer Natural Resources Company Reports Second Quarter 2020 Financial and Operating Results

August 4, 2020 4:05 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, 2020. Pioneer reported a second quarter net loss attributable to common stockholders of $439 million, or $2.66 per diluted share. These results include the effects of noncash mark-to-market adjustments and certain other unusual items. Excluding these items, the non-GAAP adjusted loss for the second quarter was $54 million, or $0.32 per diluted share. Cash flow from operating activities for the second quarter was $328 million.

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