Pioneer Natural Resources: Q4 Earnings Snapshot

IRVING, Texas (AP) — IRVING, Texas (AP) — Pioneer Natural Resources Co. (PXD) on Wednesday reported fourth-quarter earnings of $1.48 billion.

On a per-share basis, the Irving, Texas-based company said it had net income of $5.98. Earnings, adjusted for non-recurring gains, came to $5.91 per share.

The results exceeded Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $5.83 per share.

The independent oil and gas company posted revenue of $5.11 billion in the period, which did not meet Street forecasts. Seven analysts surveyed by Zacks expected $5.66 billion.

For the year, the company reported profit of $7.85 billion, or $31.13 per share. Revenue was reported as $24.29 billion.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on PXD at

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