Pioneer Natural Resources Company today announced that it has completed its previously announced acquisition of the leasehold interests and related assets of DoublePoint Energy in the Midland Basin, adding approximately 97,000 high-return, highly contiguous net acres in the core of the Midland Basin. As previously announced, at the closing, the Company paid the seller total consideration of $6.2 billion, including $1.0 [...]
Pioneer Natural Resources Company today announced its first quarter 2021 earnings news release is scheduled to be issued after the close of trading on the New York Stock Exchange on Tuesday, May 4, 2021. A conference call is scheduled for Wednesday, May 5, 2021, at 9:00 a.m. Central Time to discuss the first quarter results. Instructions on how to listen to the call and view the accompanying presentation are shown below [...]
Pioneer Natural Resources Company today announced that it has entered into a definitive purchase agreement to acquire the leasehold interests and related assets of DoublePoint Energy in a transaction valued at approximately $6.4 billion as of April 1, 2021, comprised of approximately 27.2 million shares of Pioneer common stock, $1 billion of cash and the assumption of approximately $0.9 billion of debt and liabilities [...]
Pioneer Natural Resources Company today announced that Chief Executive Officer Scott Sheffield, will participate in a Fireside Discussion at Simmons Energy Virtual Conference on Monday, March 22, at 9:45 a.m. CDT. 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 www.pxd.com [...]
Pioneer Natural Resources Company today announced that Chief Executive Officer Scott Sheffield, will present at Evercore ISI Elite Energy Summit Virtual Conference on Tuesday, March 16, at 11:40 a.m. ET. 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 www.pxd.com. View [...]
Pioneer Natural Resources Company today announced that President and Chief Operating Officer Rich Dealy, will present at Raymond James Institutional Investors Virtual Conference on Wednesday, March 3, at 4:40 p.m. ET. 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 reported financial and operating results for the quarter and year ended December 31, 2020. Pioneer reported fourth quarter net income attributable to common stockholders of $43 million, or $0.26 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 today announced that the Company is rescheduling its fourth quarter 2020 earnings release and conference call. The earnings release is now scheduled to be issued after the close of trading on the New York Stock Exchange on Tuesday, February 23, 2021. The conference call to discuss the fourth quarter results and 2021 outlook is now scheduled for Wednesday, February 24, 2021, at 9:00 a.m [...]
Pioneer Natural Resources Company announced today that its Board of Directors approved an increase in the Company's quarterly cash dividend to $0.56 per share . The quarterly dividend of $0.56 per share is payable April 14, 2021, to stockholders of record at the close of business on March 31, 2021. Pioneer is a large independent oil and gas exploration and production company, headquartered in Dallas, Texas, with [...]
FN Media Group Presents Oilprice.com Market Commentary A three-well drill campaign has just been launched by a small-cap explorer in a massive Permian basin that could end up being the next major conventional onshore oil discovery in the world. And everyone's watching as many names in the oil industry and resource assessment gather around Reconnaissance Energy . Mentioned in today's commentary includes: [...]
Pioneer Natural Resources Company today announced that it has priced a public offering of $750.0 million of 0.750% Senior Notes that will mature January 15, 2024 , $750.0 million of 1.125% Senior Notes that will mature January 15, 2026 and $1.0 billion of 2.150% Senior Notes that will mature January 15, 2031, pursuant to an effective shelf registration statement that was previously filed with the Securities and Exchange [...]
Pioneer Natural Resources Company today announced the commencement of a public offering, subject to market and other conditions, of Senior Notes due 2024, Senior Notes due 2026 and Senior Notes due 2031 . The proceeds of the Offering are expected to be used, as described more fully below, to refinance certain senior notes issued by Parsley Energy, LLC and certain of its subsidiaries , which became wholly owned [...]