Pioneer Natural Resources Delivers a Dividend Gusher in Q2

·4 min read
Pioneer Natural Resources Delivers a Dividend Gusher in Q2

Pioneer Natural Resources (NYSE: PXD) generated a gusher of cash flow during the second quarter, fueled by higher oil prices and recent acquisitions. At $1.51 per share, the inaugural payout is nearly three times its regular quarterly dividend payment of $0.56 per share. Pioneer Natural Resources produced strong second-quarter results.

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