— 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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Apple’s Coronovirus Woes, Uncertainty, Drive Market Lower: Sony, Imax Also DownU.S. stock dipped Tuesday after Apple warned it wouldn’t hit sales forecasts for the current quarter as the deadly coronavirus is impeding production and sales in China. Apple has been tradin…
Source: DEADLINE - 🏆 109. / 63 Read more »
Imax CEO Continuing To Monitor Situation In China Closely As Company Blows Past Q4 ForecastsImax beat Wall Street’s fourth-quarter financial estimates Wednesday as the big-screen entertainment company’s CEO said it’s carefully monitoring the situation in China, where it has hundreds…
Source: DEADLINE - 🏆 109. / 63 Read more »
Stocks making the biggest moves midday: Apple, Legg Mason, Virgin Galactic, Tesla and moreThese are the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »
Leon Cooperman says the market has become too pessimistic on energy stocks, too euphoric on TeslaBillionaire investor and founder of Omega Advisors Leon Cooperman spoke with CNBC on the 'Halftime Report.' gee, wonder if he’s getting killed on energy ...asking for a friend Only way to combat $tsla is for energy and auto to come together to develop sustainable bio fuel for combustion engines. Methane, bio diesel, algae based ethanol . Problem is AV is easier with electronic motors vs combustion. The real problem for energy will be when elonmusk combines his solarglass with Tesla
Source: CNBC - 🏆 12. / 72 Read more »