Pioneer returns over 95% of its free cash flow to investors in big earnings beat

Pioneer returns over 95% of its free cash flow to investors in big earnings beat

Investing Club holding company Pioneer Natural Resources (PXD) reported better-than-expected earnings after the closing bell on Tuesday. Total revenue of $6.92 billion beat expectations of $6.89 billion. Adjusted diluted earnings of $9.36 per share were better than the $8.81 per share expected by Street. Operating cash flow for the quarter of $3.22 a bit short …

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