Form 8-K PIONEER NATURAL RESOURCE For: Feb 22
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Pioneer Natural Resources (PXD) posts earnings, revenue miss
February 22, 2024 10:10 AM ESTPioneer Natural Resources (NYSE: PXD) reported fourth-quarter earnings and revenue that fell short of Wall Street expectations. The Dallas-based energy company disclosed a quarterly EPS of $5.26, which was $0.12 below the analyst consensus of $5.38. Revenue for the quarter was also lower than expected, coming in at $5.22 billion against the consensus estimate of $5.28 billion.
Despite the miss, Pioneer maintained a robust balance sheet, with net debt standing at $4.6 billion as of December 31, 2023. The company's liquidity was reported at $2.2 billion, including... More
