Pioneer Natural Resources beats earnings estimates in deal epilogue

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Pioneer Natural Resources beats earnings estimates in deal epilogue

HOUSTON -Pioneer Natural Resources on Thursday said third quarter profit fell 26% on lower oil and gas prices, but in one of its final chapters as a public company topped analysts' estimates on higher production.) in an all-stock deal valued at about $60 billion. The deal closes next year and the report is likely one of Pioneer's last as a public company.

It also cut its projected 2023 drilling and completions spending for a second time, to $4.38 billion from $4.48 billion, 3.8% lower at its midpoint from its original estimate. The company has discontinued providing quarterly outlooks and does not plan to hold a call with investors to discuss results due to the pending merger with Exxon, officials said.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 450. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين