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Pioneer, noble, Harvest report lower Q1 earnings on soft gas prices, output issues.

Publication: The Oil Daily
Publication Date: 04-MAY-07
Format: Online
Delivery: Immediate Online Access
Full Article Title: Pioneer, noble, Harvest report lower Q1 earnings on soft gas prices, output issues.(Noble Energy)(Harvest Natural Resources Inc.)(revenue report)(Financial report)

Article Excerpt
Three prominent independent producers all reported lower first-quarter earnings due to a variety of reasons that included a soft natural gas market and higher-than-anticipated operating costs.

Dallas-based Pioneer said its first-quarter earnings plunged to $29.6 million (24 cents/share), down from $543.2 million ($4.28/share) from the same period a year ago. The recent quarter's results included a reclamation charge worth 10...

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