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Pioneer maintains a strong balance sheet, with unrestricted cash on hand at the end of the third quarter of 2022 of $1.3 billion and net debt of $3.9 billion. The Company had $3.7 billion of liquidity as of September 30, 2022, comprised of $1.3 billion of cash, $372 million of short-term commercial paper investments and a $2.0 billion unsecured credit facility

Pioneer Natural Resources Reports Third Quarter 2022 Financial and Operating Results

Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today reported financial and operating results for the quarter ended September 30, 2022. Pioneer reported third quarter net income attributable to common stockholders of $2.0 billion, or $7.93 per diluted share

By AP News
Published - Oct 27, 2022, 04:20 PM ET
Last Updated - Apr 17, 2024, 08:58 AM EDT

DALLAS--(BUSINESS WIRE)--Oct 27, 2022--

Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today reported financial and operating results for the quarter ended September 30, 2022. Pioneer reported third quarter net income attributable to common stockholders of $2.0 billion, or $7.93 per diluted share. These results include the effects of noncash mark-to-market adjustments and certain other unusual items. Excluding these items, non-GAAP adjusted income for the third quarter was $1.9 billion, or $7.48 per diluted share. Cash flow from operating activities for the third quarter was $3.0 billion.

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