Pioneer Natural Resources Company today reported financial and operating results for the quarter ended September 30, 2021. Pioneer reported third quarter net income attributable to common stockholders of $1.0 billion, or $4.07 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 variable dividend of $3.02 per share on Pioneer's outstanding common stock, representing approximately $740 million of capital returned to shareholders and a 100% increase when compared to the variable dividend declared in the prior quarter. The variable dividend is payable December 14, 2021, to stockholders of record [...]
Pioneer Natural Resources Company announced today that its Board of Directors approved an increase in the Company's quarterly cash base dividend from $0.56 per share to $0.62 per share on Pioneer's outstanding common stock , representing a greater than 10% increase. The quarterly base dividend of $0.62 per share is payable January 14, 2022, to stockholders of record at the close of business on December 31, 2021. Pioneer [...]
Pioneer Natural Resources Company today announced that the Company has entered into a definitive agreement with Continental Resources to sell all of its assets in the Delaware Basin for cash proceeds of $3.25 billion, subject to normal closing adjustments. The transaction is expected to close toward the end of the fourth quarter of 2021, subject to the satisfaction of customary closing conditions, including regulatory [...]
Pioneer Natural Resources Company announced today the publication of its 2021 Climate Risk Report. This report increases the transparency of Pioneer's progress toward integrating climate-related risks and opportunities into the Company's governance structure, business strategy and planning process and risk management practice. The report is structured in accordance with the four core principles of the Task Force on [...]
Pioneer Natural Resources Company today announced its third quarter 2021 earnings news release is scheduled to be issued after the close of trading on the New York Stock Exchange on Wednesday, November 3, 2021. A conference call is scheduled for Thursday, November 4, 2021, at 9:00 a.m. Central Time to discuss the third quarter results. Instructions on how to listen to the call and view the accompanying presentation are [...]
Pioneer Natural Resources Company today announced the addition of Maria S. Jelescu Dreyfus to the Company's Board of Directors. Ms. Dreyfus is currently the Chief Investment Officer for Ardinall Investment Management, a New York based independent investment firm established in 2017. Ardinall has an ESG-based investment approach and focuses on climate change and sustainable investments. Prior to forming Ardinall, Ms [...]
Pioneer Natural Resources Company today announced the publication of its 2021 Sustainability Report, highlighting the Company's focus and significant progress on environmental, social and governance programs. The comprehensive report highlights the Company's Net Zero ambition by 2050 and enhanced emissions reduction targets for greenhouse gas and methane. In addition, the report details the Company's 2020 performance [...]
Pioneer Natural Resources Company today announced that Scott Sheffield, Chief Executive Officer, will participate in a fireside discussion at the Barclays CEO Energy-Power Conference on Thursday, September 9, at 8:35 a.m. ET. The live presentation will be available to the public via webcast - click here. A few days after the presentation, an archived version of the webcast will be available by visiting Pioneer's website [...]
Pioneer Natural Resources Company announced today that its Board of Directors declared a quarterly cash base dividend of $0.56 per share on Pioneer's outstanding common stock. The dividend is payable October 14, 2021, to stockholders of record at the close of business on September 30, 2021. Pioneer is a large independent oil and gas exploration and production company, headquartered in Dallas, Texas, with operations in the [...]
Pioneer Natural Resources Company today reported financial and operating results for the quarter ended June 30, 2021. Pioneer reported second quarter net income attributable to common stockholders of $380 million, or $1.54 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 second quarter was [...]
Pioneer Natural Resources Company today reported financial and operating results for the quarter ended June 30, 2021. Pioneer reported second quarter net income attributable to common stockholders of $380 million, or $1.54 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 second quarter was [...]