Pioneer Natural Resources Sees Production Soar in Third-Quarter 2011 From Texas Drilling, an Industrial Info News Alert
(firmenpresse) - SUGAR LAND, TX -- (Marketwire) -- 11/03/11 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- In the third quarter of 2011, (NYSE:PXD) (Dallas, Texas), a leading independent company, tripled its net income and nearly doubled its revenues when compared to the same quarter last year, as its three major liquids-rich assets in Texas -- in the Eagle Ford Shale, the Spraberry oil field and the Barnett Shale Combo -- played a leading role in boosting the company's production to about 128,000 barrels of oil equivalent per day. Net income for the quarter was reported to be $351.46 million, compared with $112.04 million in the third quarter of 2010.
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Datum: 03.11.2011 - 05:15 Uhr
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News-ID 1052947
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