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IRVING, Texas (AP) _ Pioneer Natural Resources Co. (PXD) on Thursday reported third-quarter net income of $1.98 billion.
On a per-share basis, the Irving, Texas-based company said it had net income of $7.93. Earnings, adjusted for non-recurring gains, were $7.48 per share.
The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $7.43 per share.
The independent oil and gas company posted revenue of $6.09 billion in the period, which fell short of Street forecasts. Eight analysts surveyed by Zacks expected $6.56 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a PXD">Zacks stock report on PXD at https://www.zacks.com/ap/PXD