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Pioneer Natural Resources Co. Profit Declines In Q2

Pioneer Natural Resources Co. (PXD) announced earnings for second quarter that decreased from last year.

The company's bottom line totaled $66 million, or $0.38 per share. This compares with $233 million, or $1.36 per share, in last year's second quarter.

The company's revenue for the quarter rose 44.5% to $2.11 billion from $1.46 billion last year.

Pioneer Natural Resources Co. earnings at a glance:

-Earnings (Q2): $66 Mln. vs. $233 Mln. last year.
-EPS (Q2): $0.38 vs. $1.36 last year.
-Revenue (Q2): $2.11 Bln vs. $1.46 Bln last year.

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