Investing.com - Pioneer Natural reported second quarter earnings that missed analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $-0.32 on revenue of $859M. Analysts polled by Investing.com expected EPS of $-0.28 on revenue of $1.38B. .
Pioneer Natural shares gained 0.99% to trade at $100.51 in after-hours trade following the report.
For the year, Pioneer Natural shares are down 34.25%, under-performing the S&P 500 which is up 2.34% year to date.
Pioneer Natural follows other major Energy sector earnings this month
On Friday, Exxon Mobil reported second quarter EPS of $-0.7 on revenue of $32.61B, compared to forecasts of EPS of $-0.61 on revenue of $38.16B.
Chevron earnings missed analyst's expectations on Friday, with second quarter EPS of $-1.59 on revenue of $13.49B. Investing.com analysts expected EPS of $-0.93 on revenue of $21.87B
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