Pioneer Natural Resources Co reports results for the quarter ended in September - Earnings Summary
02/11/2023 22:01
* Pioneer Natural Resources Co PXD.N reported quarterly
adjusted
earnings of $5.83 per share for the quarter ended in
September, lower than the same quarter last year, when the
company reported EPS of $7.48. The mean expectation of twenty
five analysts for the quarter was for earnings of $5.55 per
share. Wall Street expected results to range from $4.41
to $6.33 per share.
* Revenue fell 18.1% to $3.46 billion from a year ago;
analysts
expected $3.89 billion.
* Pioneer Natural Resources Co's reported EPS for the
quarter was
$5.41.
* The company reported quarterly net income of $1.3 billion.
* Pioneer Natural Resources Co shares had risen by 3.6% this
quarter and gained 4.2% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by
about 19.1%
in the last three months.
* In the last 30 days, two analysts negatively revised
earnings
estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 17
"hold" and no "sell" or "strong sell."
* The average consensus recommendation for the oil & gas
exploration and production peer group is also "buy"
Wall Street's median 12-month price target for Pioneer Natural
Resources Co is $262.00
This summary was machine generated from LSEG data November 2 at
10:01 p.m. UTC. All figures in US dollars unless otherwise
stated. QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
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
Dec. 31 2022 5.77 5.91 Beat