Investing.com - Pioneer Natural reported second quarter earnings that beat analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $9.36 on revenue of $6.92B. Analysts polled by Investing.com anticipated EPS of $8.82 on revenue of $7.03B. .
Pioneer Natural shares lost 0.84% to trade at $226.00 in after-hours trade following the report.
Pioneer Natural shares lost 0.84% to trade at $226.00 in after-hours trade following the report.
For the year, Pioneer Natural shares are down 18%, outperforming the Nasdaq which is down 21.07% year to date.
Pioneer Natural follows other major Energy sector earnings this month
On Friday, Exxon Mobil reported second quarter EPS of $4.14 on revenue of $115.68B, compared to forecasts of EPS of $3.84 on revenue of $111.3B.
Chevron earnings beat analyst's expectations on Friday, with second quarter EPS of $5.82 on revenue of $68.76B. Investing.com analysts expected EPS of $5.08 on revenue of $58.66B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar