Pioneer Natural Resources Company today announced its third quarter 2020 earnings news release is scheduled to be issued after the close of trading on the New York Stock Exchange on Wednesday, November 4, 2020. A conference call is scheduled for Thursday, November 5, 2020, 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 realignment of certain members of Pioneer’s Management Committee. These changes are effective January 1, 2021 and support the Company’s continued goals to deliver long-term shareholder value. Richard P. Dealy, currently Executive Vice President and Chief Financial Officer , has been named President and Chief Operating Officer. Rich has served as CFO since 2004 [...]
Pioneer Natural Resources Company announced today that its Board of Directors declared a quarterly cash dividend of $0.55 per share on Pioneer’s outstanding common stock. The dividend is payable October 14, 2020, to stockholders of record at the close of business on September 30, 2020. 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 announced that it has priced a public offering of $1.1 billion of 1.90% Senior Notes that will mature August 15, 2030 , pursuant to an effective shelf registration statement that was previously filed with the Securities and Exchange Commission. The price to the public for the Notes is 99.205% of the principal amount. The Company intends to use the net proceeds of approximately $1.08 [...]
Pioneer Natural Resources Company today reported financial and operating results for the quarter ended June 30, 2020. Pioneer reported a second quarter net loss attributable to common stockholders of $439 million, or $2.66 per diluted share. These results include the effects of noncash mark-to-market adjustments and certain other unusual items. Excluding these items, the non-GAAP adjusted loss for the second quarter was [...]
Pioneer Natural Resources Company today announced its second quarter 2020 earnings news release is scheduled to be issued after the close of trading on the New York Stock Exchange on Tuesday, August 4, 2020. A conference call is scheduled for Wednesday, August 5, 2020, at 9:00 a.m. Central Time to discuss the second quarter results. Instructions on how to listen to the call and view the accompanying presentation are shown [...]
Pioneer Natural Resources Company announced today the early results and upsizing of Pioneer’s previously announced cash tender offers to purchase up to an amended Aggregate Maximum Tender Amount of its outstanding 3.45% senior notes due 2021 , 3.95% senior notes due 2022 and 7.20% senior notes due 2028 . The Company has amended the Aggregate Maximum Tender Amount to increase the aggregate principal amount of Notes subject [...]
Pioneer Natural Resources Company announced today that its Board of Directors declared a quarterly cash dividend of $0.55 per share on Pioneer’s outstanding common stock. The dividend is payable July 14, 2020, to stockholders of record at the close of business on June 30, 2020. Pioneer is a large independent oil and gas exploration and production company, headquartered in Dallas, Texas, with operations in the United [...]
Pioneer Natural Resources Company today announced the pricing of $1.15 billion aggregate principal amount of 0.250% convertible senior notes due 2025 in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended . The size of the offering was increased from the previously announced $1.0 billion aggregate principal of Notes. Pioneer also granted the initial [...]
Pioneer Natural Resources Company announced today the commencement of cash tender offers to purchase up to $500 million aggregate principal amount of its outstanding 3.45% senior notes due 2021 , 3.95% senior notes due 2022 and 7.20% senior notes due 2028 in the priorities set forth in the table below. The following table sets forth certain terms of the Tender Offers: Dollars per $1,000 Principal Amount of Notes Title of [...]
Pioneer Natural Resources Company today announced that it intends to offer, subject to market conditions and other factors, $1.0 billion aggregate principal amount of convertible senior notes due 2025 in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended . Pioneer also intends to grant the initial purchasers of the Notes an option to purchase, within a [...]
Pioneer Natural Resources Company today reported financial and operating results for the quarter ended March 31, 2020. Pioneer reported first quarter net income attributable to common stockholders of $289 million, or $1.74 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 first quarter was $190 [...]