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Pioneer Natural Earnings, Revenue beat in Q1


© Reuters.

Investing.com – Pioneer Natural reported first quarter that beat analysts’ expectations on Monday and revenue that topped forecasts.

The firm reported earnings per share of $1.83 on revenue of $2.41B. Analysts polled by Investing.com forecast EPS of $1.6 on revenue of $2.17B. That compared to EPS of $1.66 on revenue of $2.15B in the same period a year earlier. The company had reported EPS of $1.18 on revenue of $2.68B in the previous quarter.

For the year, Pioneer Natural shares are up 18.83%, broadly in line with the which is up 18.39% year to date.

Pioneer Natural follows other major Energy sector earnings this month

On April 26, Exxon Mobil reported first quarter EPS of $0.55 on revenue of $63.63B, compared to forecasts of EPS of $0.7 on revenue of $63B.

Royal Dutch Shell B ADR earnings beat analyst’s expectations on Thursday, with first quarter EPS of $1.3 on revenue of $83.74B. Investing.com analysts expected EPS of $1.1 on revenue of $82.43B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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