Pioneer Natural Resources Co reports results for the quarter ended in December - Earnings Summary
23/02/2024 03:03
* Pioneer Natural Resources Co PXD.N reported quarterly
adjusted
earnings of $5.26 per share for the quarter ended in December,
lower than the same quarter last year, when the company reported
EPS of $5.91. The mean expectation of twenty four analysts for
the quarter was for earnings of $5.48 per share. Wall Street
expected results to range from $4.89 to $6.66 per share.
* Revenue fell 3.7% to $3.39 billion from a year ago;
analysts
expected $4.04 billion.
* Pioneer Natural Resources Co's reported EPS for the
quarter was
$5.28.
* The company reported quarterly net income of $1.27
billion.
* Pioneer Natural Resources Co shares had risen by 3.9% this
quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 13%
in the last three months.
* In the last 30 days, nine analysts negatively revised
earnings
estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 21
"hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the oil & gas
exploration and production peer group is also "hold"
Wall Street's median 12-month price target for Pioneer Natural
Resources Co is $245.00
This summary was machine generated from LSEG data February 23 at
03:03 a.m. UTC. All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Dec. 31 2023 5.48 5.26 Missed
Sep. 30 2023 5.55 5.83 Beat
Jun. 30 2023 4.18 4.49 Beat
Mar. 31 2023 4.93 5.21 Beat