Pioneer Natural Resources Company

Pioneer Natural Resources Company today announced that it has increased its derivative coverage in 2020 and 2021, and provided additional detail on its differentiated oil marketing strategy. Pioneer has increased its derivatives coverage for both 2020 and 2021, providing additional protection in the event that oil prices remain depressed as a result of global macroeconomic factors. As an example of the enhanced protection [...]

Pioneer Natural Resources Company today announced that it is taking decisive action in response to lower oil prices and global macroeconomic uncertainty. Pioneer is reducing its 2020 drilling, completion and facilities capital budget by approximately 45% and expects it to range between $1.6 billion to $1.8 billion. Additionally, Pioneer is reducing its budgeted water infrastructure spending to approximately $100 million [...]

Pioneer Natural Resources Company today reported financial and operating results for the quarter and year ended December 31, 2019. Pioneer reported fourth quarter net income attributable to common stockholders of $344 million, or $2.06 per diluted share. These results include the effects of noncash mark-to-market adjustments and certain other unusual items. Excluding these items, non-GAAP adjusted income for the fourth [...]

Pioneer Natural Resources Company announced today that its Board of Directors approved an increase in the Company’s quarterly cash dividend to $0.55 per share . The quarterly dividend of $0.55 per share is payable April 14, 2020, to stockholders of record at the close of business on March 31, 2020. Pioneer is a large independent oil and gas exploration and production company, headquartered in Dallas, Texas, with [...]

Pioneer Natural Resources Company today announced that Rich Dealy, Executive Vice President and Chief Financial Officer, will present at the Raymond James Institutional Investors Conference on Tuesday, March 3, 2020 at 9:15 a.m. Eastern Time. Pioneer is a large independent oil and gas exploration and production company, headquartered in Dallas, Texas, with operations in the United States. For more information, visit [...]

Pioneer Natural Resources Company today announced that Scott Sheffield, President and Chief Executive Officer, will present at the Credit Suisse Energy Summit on Tuesday, March 3, 2020, at 10:25 a.m. Mountain Time. Pioneer is a large independent oil and gas exploration and production company, headquartered in Dallas, Texas, with operations in the United States. For more information, visit Pioneer’s website at [...]

Pioneer Natural Resources Company today announced its fourth quarter 2019 earnings news release is scheduled to be issued after the close of trading on the New York Stock Exchange on Wednesday, February 19, 2020. A conference call is scheduled for Thursday, February 20, 2020, at 9:00 a.m. Central Time to discuss the fourth quarter results. Instructions on how to listen to the call and view the accompanying presentation [...]

Pioneer Natural Resources Company today announced that Executive Vice President and Chief Financial Officer, Rich Dealy, will present at the Bank of America Merrill Lynch Global Energy Conference on Wednesday, November 13, 2019, at 10:15 a.m. ET. Any interested person may view the presentation slides by logging on to Pioneer’s website at www.pxd.com, select ‘Investors,’ and then select ‘Investor [...]

Pioneer Natural Resources Company today reported financial and operating results for the quarter ended September 30, 2019. Pioneer reported third quarter net income attributable to common stockholders of $231 million, or $1.38 per diluted share. These results include the effects of noncash mark-to-market adjustments and certain other unusual items. Excluding these items, non-GAAP adjusted income for the third quarter was [...]

Pioneer Natural Resources Company announced today that its Board of Directors declared a quarterly cash dividend of $0.44 per share on Pioneer’s outstanding common stock. The dividend is payable January 14, 2020, to stockholders of record at the close of business on December 31, 2019. Pioneer is a large independent oil and gas exploration and production company, headquartered in Dallas, Texas, with operations in the [...]