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Pioneer Natural Resources Continued Outperforming in Q2

TheMotleyFool

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Pioneer Natural Resources Continued Outperforming in Q2

In what has become a regular occurrence, Pioneer Natural Resources (NYSE: PXD) once again exceeded expectations. The Permian Basin-focused driller not only trounced analysts' earnings estimates during the second quarter but also beat its production guidance. Meanwhile, the company is outperforming its cost-reduction initiatives. That's enabling it to generate more free cash flow, which it's increasingly returning to investors.

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Q2 2019

Quelle Fool.com

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