Pioneer Natural Resources Co. Bottom Line Advances In Q3

(RTTNews) - Pioneer Natural Resources Co. (PXD) revealed a profit for its third quarter that increased from the same period last year

The company's earnings totaled $1.98 billion, or $7.93 per share. This compares with $1.05 billion, or $4.07 per share, in last year's third quarter.

The company's revenue for the quarter rose 36.5% to $6.09 billion from $4.46 billion last year.

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

-Earnings (Q3): $1.98 Bln. vs. $1.05 Bln. last year. -EPS (Q3): $7.93 vs. $4.07 last year. -Revenue (Q3): $6.09 Bln vs. $4.46 Bln last year.