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What to Expect When Pioneer Natural Resources (PXD) Reports Earnings Today

NEW YORK (TheStreet) -- Pioneer Natural Resources (PXD - Get Report) is scheduled to release its 2015 third quarter earnings results after the market close this afternoon.

Analysts are expecting the Dallas-based independent oil and gas exploration and production company to report a year over year decline in both earnings per share and revenue for the most recent quarter.

Pioneer Natural Resources has been forecast by analysts surveyed by Thomson Reuters to report a loss of 3 cents per share on revenue of $784.7 million for the three month period ending in September.

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The company's earnings came in at $1.35 per share on revenue of $1.51 billion for the 2014 third quarter.

Oil and gas companies have been struggling to deal with the decline in the commodities' prices. Oil prices have been tumbling for more than a year as production levels outweigh demand.

Shares of Pioneer Natural Resources are down by 0.28% to $136.75 in early afternoon trading on Monday.

Separately...


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