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.
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Source: Fool.com
Devon Energy Corp. Stock
€40.52
-0.890%
The stock is an absolute favorite of our community with 39 Buy predictions and no Sell predictions.
With a target price of 56 € there is a positive potential of 38.2% for Devon Energy Corp. compared to the current price of 40.52 €.
