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Pioneer Natural Resources Co. Q4 Profit Rises

Pioneer Natural Resources Co. (PXD) released earnings for its fourth quarter that increased from the same period last year

The company's bottom line came in at $763 million, or $2.97 per share. This compares with $43 million, or $0.26 per share, in last year's fourth quarter.

Excluding items, Pioneer Natural Resources Co. reported adjusted earnings of $1.18 billion or $4.58 per share for the period.

The company's revenue for the quarter rose 132.3% to $4.32 billion from $1.86 billion last year.

Pioneer Natural Resources Co. earnings at a glance (GAAP) :

-Earnings (Q4): $763 Mln. vs. $43 Mln. last year.
-EPS (Q4): $2.97 vs. $0.26 last year.
-Revenue (Q4): $4.32 Bln vs. $1.86 Bln last year.

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