Pioneer Natural Resources Co. (PXD) reported first quarter net income attributable to common stockholders of $101 million or $0.75 per share, down from $214.6 million or $1.68 per share in the year ago quarter.
Without the effect of noncash derivative mark-to-market losses and other unusual items, adjusted income for the current quarter was $136 million after tax, or $1.02 per share.
Meanwhile, revenues and other income for the quarter declined to $831.58 million from $784.46 million in the prior year.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.97 per share on revenues of $823.64 million for the quarter. Analysts' estimates typically exclude special items.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.