Pioneer Natural Resources (PXD) posts earnings, revenue miss

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Pioneer Natural Resources Reports Fourth Quarter and Full Year 2023 Financial and Operating Results

February 22, 2024 8:10 AM 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, 2023. Pioneer reported fourth quarter net income attributable to common shareholders of $1.3 billion, or $5.28 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 $1.3 billion, or $5.26 per diluted share. Cash flow from operating activities for the fourth quarter was $2.3 billion. For the year ended December 31, 2023, the Company reported net income... More

Pioneer Natural Resources Declares First Quarter Dividend on Common Shares

February 22, 2024 8:05 AM EST

DALLAS--(BUSINESS WIRE)-- Pioneer Natural Resources Company (NYSE: PXD) ("Pioneer" or "the Company") announced today that its Board of Directors declared a quarterly base-plus-variable cash dividend of $2.56 per common share. The dividend is payable March 22, 2024, to stockholders of record at the close of business on March 4, 2024.

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