Here's Why Pioneer Natural Resources Stock Is Getting Pummeled Today
Shares of Pioneer Natural Resources (NYSE: PXD) are getting pummeled today, down 11.4% as of 11:49 a.m. EDT, after the shale driller reported second-quarter results.
Those results were actually quite good. Thanks to continued strong well performance, production came in at the high end of Pioneer's guidance range. Because of that, and falling costs, the company earned an adjusted $38 million, or $0.21 per share, which was $0.09 per share ahead of expectations.
Image source: Getty Images.
Source: Fool.com
Devon Energy Corp. Aktie
39,21 €
-7,41 %
Mit 37 Buy-Einschätzungen und keiner einzigen Sell-Einschätzung ist Devon Energy Corp. einer der Lieblinge unserere Community.
Für Devon Energy Corp. sieht die Community ein Kursziel von 57 €, was eine erhebliche Steigerung um über 20% gegenüber dem aktuellen Kurs von 39.21 € bedeutet.
