Pioneer Natural Resources Blows Past Expectations but Taps the Brakes on its Growth Forecast
Pioneer Natural Resources (NYSE: PXD) once again delivered earnings that were well ahead of the consensus estimate. Driving those strong results is that production came in at the high-end of its guidance range thanks to continued robust well results in the Permian Basin. That said, the company did run into some unforeseen drilling problems during the second quarter, which caused it to tap the brakes a bit on its growth expectations for the full-year.
Metric
Q2 2017
Source: Fool.com
EOG Resources Inc. Stock
€120.80
1.000%
The stock is an absolute favorite of our community with 35 Buy predictions and no Sell predictions.
With a target price of 140 € there is a slightly positive potential of 15.89% for EOG Resources Inc. compared to the current price of 120.8 €.
