Pioneer Natural Resources Co. Reveals Advance In Q1 Bottom Line

(RTTNews) - Pioneer Natural Resources Co. (PXD) released earnings for its first quarter that increased from the same period last year.

The company's profit came in at $350 million, or $2.06 per share. This compares with $178 million, or $1.04 per share, in last year's first quarter.

The company's revenue for the quarter rose 12.1% to $2.41 billion from $2.15 billion last year.

Pioneer Natural Resources Co. earnings at a glance:

-Earnings (Q1): $350 Mln. vs. $178 Mln. last year. -EPS (Q1): $2.06 vs. $1.04 last year. -Revenue (Q1): $2.41 Bln vs. $2.15 Bln last year.