— The oil and gas company's stock climbed 2% during extended trading after the company reported strong fourth-quarter financial results and raised their cash dividend. Pioneer reported earnings of $2.36 per share excluding some items for the quarter, while analysts had expected earnings of $2.09 per share, according to FactSet. Pioneer also announced it would increase its quarterly dividend to 55 cents per share, which applies to stockholders of record at the close of business on March 31.
reported earnings of 35 cents per share excluding some items on revenues of $124.3 million, while analysts had expected earnings of 31 cents per share on revenues of $117.5 million, according to Refinitiv.— Shares of the energy company jumped 8% during extended trading after the company reported fourth-quarter financial results and increased its cash dividend.
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