Seeking Alpha

Shares of Pioneer Resources (PXD +6.5%) shrug off a Q2 bottom line miss due to writedowns and...

Shares of Pioneer Resources (PXD +6.5%) shrug off a Q2 bottom line miss due to writedowns and power higher on the back of strong top line results. Revenue was solid, +15% Y/Y despite slack commodity prices. The company also raised its 2012 production growth target to a range of 25% to 29%, and increased its net resource potential from 5 billion BOE to more than 7 billion BOE.

Check out Seeking Alpha’s new New Earnings Center

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs