- Pioneer Natural Resources became the latest oil major to report bumper profits for the third quarter, exceeding analyst expectations.
- The results will help Pioneer implement its plan to return a total of $7.5 billion to shareholders in the form of dividends and stock repurchases.
- Instead of beating their chest, companies seem to be making plans for more cash returns to shareholders.
Pioneer Joins Strong Q3 Oil Lineup With Forecast-Beating Profits
