Pioneer Natural Resources (PXD) Tops Q4 EPS by 50c

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Pioneer Natural Resources Reports Fourth Quarter and Full Year 2021 Financial and Operating Results; Provides 2022 Outlook

February 16, 2022 4:12 PM EST

DALLAS--(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, 2021. Pioneer reported fourth quarter net income attributable to common stockholders of $763 million, or $2.97 per diluted share. These results include the effects of noncash mark-to-market adjustments and certain other unusual items. Excluding these items, non-GAAP adjusted income for the fourth quarter was $1.2 billion, or $4.58 per diluted share. Cash flow from operating activities for the fourth quarter was $2.2 billion. For the full year 2021, the Company reported net income attributable... More