Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company explores for, develops, and produces oil, natural gas liquids (NGLs), and gas. It has operations in the Permian Basin in West Texas. As of December 31, 2020, the company had proved undeveloped reserves and proved developed non-producing reserves of 31 million barrels of oil, 17 million barrels of NGLs, and 88 billion cubic feet of gas; and owned interests in 11 gas processing plants. Pioneer Natural Resources Company was founded in 1997 and is headquartered in Irving, Texas.
IPO Year:
Exchange: NYSE
Website: pxd.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
11/24/2023 | Buy → Sell | Argus | |
10/17/2023 | $273.00 → $246.00 | Outperform → Mkt Perform | Bernstein |
10/16/2023 | Outperform → Market Perform | BMO Capital Markets | |
8/16/2023 | $251.00 → $264.00 | Neutral → Overweight | JP Morgan |
7/13/2023 | Hold | The Benchmark Company | |
4/19/2023 | $238.00 | Neutral | UBS |
3/23/2023 | $193.00 → $210.00 | Neutral → Buy | Citigroup |
3/3/2023 | $225.00 → $220.00 | Underweight → Equal Weight | Wells Fargo |
2/27/2023 | Hold → Buy | Tudor, Pickering, Holt & Co. | |
1/25/2023 | $225.00 | Underweight | Wells Fargo |
4 - PIONEER NATURAL RESOURCES CO (0001038357) (Issuer)
4 - PIONEER NATURAL RESOURCES CO (0001038357) (Issuer)
4 - PIONEER NATURAL RESOURCES CO (0001038357) (Issuer)
4 - PIONEER NATURAL RESOURCES CO (0001038357) (Issuer)
4 - PIONEER NATURAL RESOURCES CO (0001038357) (Issuer)
4 - PIONEER NATURAL RESOURCES CO (0001038357) (Issuer)
4 - PIONEER NATURAL RESOURCES CO (0001038357) (Issuer)
4 - PIONEER NATURAL RESOURCES CO (0001038357) (Issuer)
4 - PIONEER NATURAL RESOURCES CO (0001038357) (Issuer)
4 - PIONEER NATURAL RESOURCES CO (0001038357) (Issuer)
15-12G - PIONEER NATURAL RESOURCES CO (0001038357) (Filer)
EFFECT - PIONEER NATURAL RESOURCES CO (0001038357) (Filer)
EFFECT - PIONEER NATURAL RESOURCES CO (0001038357) (Filer)
EFFECT - PIONEER NATURAL RESOURCES CO (0001038357) (Filer)
EFFECT - PIONEER NATURAL RESOURCES CO (0001038357) (Filer)
EFFECT - PIONEER NATURAL RESOURCES CO (0001038357) (Filer)
EFFECT - PIONEER NATURAL RESOURCES CO (0001038357) (Filer)
POSASR - PIONEER NATURAL RESOURCES CO (0001038357) (Filer)
POSASR - PIONEER NATURAL RESOURCES CO (0001038357) (Filer)
POSASR - PIONEER NATURAL RESOURCES CO (0001038357) (Filer)
NEW YORK, May 3, 2024 /PRNewswire/ -- S&P MidCap 400 constituent Vistra Corp. (NYSE: VST) will replace Pioneer Natural Resources Co. (NYSE:PXD) in the S&P 500, S&P SmallCap 600 constituent Aaon Inc. (NASD: AAON) will replace Vistra in the S&P MidCap 400, and Marathon Digital Holdings Inc. (NASD: MARA) will replace Aaon in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, May 8. S&P 500 and S&P 100 constituent Exxon Mobil Corp. (NYSE:XOM) acquired Pioneer Natural Resources in a deal that closed today, Friday May 3. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action C
Transforms ExxonMobil's upstream portfolio by more than doubling the company's Permian footprint Combines Pioneer's sizeable acreage, entrepreneurial culture and deep industry expertise with ExxonMobil's balance-sheet strength, advanced technologies and industry-leading project development capabilities Transitions Pioneer's 2050 net-zero Permian goal to a 2035 plan Exxon Mobil Corporation (NYSE:XOM) today announced it has closed its acquisition of Pioneer Natural Resources Company (NYSE:PXD). The merger of ExxonMobil and Pioneer creates an Unconventional business with the largest, high-return development potential in the Permian Basin. The combined company's more than 1.4 millio
Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today issued the following statement in response to the decision by the U.S. Federal Trade Commission ("FTC") to clear the proposed merger with Exxon Mobil Corporation (NYSE:XOM) ("ExxonMobil") subject to a Consent Order based on allegations in a settlement Complaint directed at Mr. Sheffield: We disagree and are surprised by the FTC's Complaint saying that Mr. Sheffield's record and statements on matters of public interest should disqualify him from serving on the ExxonMobil Board of Directors. Notwithstanding, Pioneer and Mr. Sheffield are not taking any steps to prevent the merger from closing. As he has for his
Pioneer Natural Resources Company ("Pioneer") (NYSE:PXD) today announced its first quarter 2024 earnings news release is scheduled to be issued after the close of trading on the New York Stock Exchange on Thursday, May 2, 2024. Due to the pending merger with ExxonMobil, Pioneer will not host a conference call or webcast to discuss its first quarter 2024 results. About Pioneer 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 source version on businesswire.com: https://www.businesswire.com/news/home/20240418786179/en/
Jacinto J. Hernandez, a director of Altria Group, Inc. ("Altria"), retired from service on our Board of Directors effective February 23, 2024. Mr. Hernandez will continue to serve Altria as a strategic advisor under a 5-year advisory services agreement. "We thank Jacinto for his service on our Board," said Kathryn McQuade, Altria's independent Board Chair. "Our Board benefited from his industry experience and financial expertise." "I joined Altria's Board because I am inspired by Altria's Vision to responsibly lead the transition of adult smokers to a smoke-free future," said Mr. Hernandez. "I am pleased that this agreement will allow me to focus my attention on helping Altria pursue it
Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today reported financial and operating results for the quarter and year ended December 31, 2023. Pioneer reported fourth quarter net income attributable to common shareholders of $1.3 billion, or $5.28 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 quarter was $1.3 billion, or $5.26 per diluted share. Cash flow from operating activities for the fourth quarter was $2.3 billion. For the year ended December 31, 2023, the Company reported net income attributable to common stockholders
Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") announced today that its Board of Directors declared a quarterly base-plus-variable cash dividend of $2.56 per common share. The dividend is payable March 22, 2024, to stockholders of record at the close of business on March 4, 2024. About Pioneer 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. Note: Future dividends are authorized and determined by the Company's Board of Directors in its sole discretion. Decisions regarding the payment of dividends ar
Pioneer Natural Resources Company ("Pioneer" or "the Company") (NYSE:PXD) today announced that the Company received shareholder approval for the pending merger with Exxon Mobil Corporation ("ExxonMobil") (NYSE:XOM). Pioneer will file the vote results of the special shareholder meeting on a Form 8-K with the U.S. Securities and Exchange Commission. Pioneer and ExxonMobil continue to work constructively with the Federal Trade Commission in its review of the merger. Pioneer expects that the merger will be completed in the second quarter of 2024. About Pioneer Pioneer is a large independent oil and gas exploration and production company, headquartered in Dallas, Texas, with operations i
Pioneer Natural Resources Company ("Pioneer") (NYSE:PXD) today announced its fourth quarter 2023 earnings news release is scheduled to be issued before the market opens on Thursday, February 22, 2024. Due to the pending merger with ExxonMobil, Pioneer will not host a conference call or webcast to discuss its fourth quarter 2023 results. About Pioneer 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 source version on businesswire.com: https://www.businesswire.com/news/home/20240201747047/en/
Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today announced that Richard ("Rich") P. Dealy has commenced his new role as Chief Executive Officer (CEO) and Scott D. Sheffield has transitioned to the non-executive role of Special Advisor to the CEO, both effective January 1, 2024. As previously announced, Dealy succeeds Mr. Sheffield, who retired as CEO on December 31, 2023. Sheffield and Dealy will both continue to serve on the Pioneer Board of Directors (Board). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240102914539/en/Richard P. Dealy. (Photo: Pioneer Natural Resources) Dealy, previously the C
Argus downgraded Pioneer Natural Resources from Buy to Sell
Bernstein downgraded Pioneer Natural Resources from Outperform to Mkt Perform and set a new price target of $246.00 from $273.00 previously
BMO Capital Markets downgraded Pioneer Natural Resources from Outperform to Market Perform
JP Morgan upgraded Pioneer Natural Resources from Neutral to Overweight and set a new price target of $264.00 from $251.00 previously
The Benchmark Company initiated coverage of Pioneer Natural Resources with a rating of Hold
UBS initiated coverage of Pioneer Natural Resources with a rating of Neutral and set a new price target of $238.00
Citigroup upgraded Pioneer Natural Resources from Neutral to Buy and set a new price target of $210.00 from $193.00 previously
Wells Fargo upgraded Pioneer Natural Resources from Underweight to Equal Weight and set a new price target of $220.00 from $225.00 previously
Tudor, Pickering, Holt & Co. upgraded Pioneer Natural Resources from Hold to Buy
Wells Fargo initiated coverage of Pioneer Natural Resources with a rating of Underweight and set a new price target of $225.00
SC 13G/A - PIONEER NATURAL RESOURCES CO (0001038357) (Subject)
SC 13G/A - PIONEER NATURAL RESOURCES CO (0001038357) (Subject)
SC 13G/A - PIONEER NATURAL RESOURCES CO (0001038357) (Subject)
SC 13G/A - PIONEER NATURAL RESOURCES CO (0001038357) (Subject)
SC 13G/A - PIONEER NATURAL RESOURCES CO (0001038357) (Subject)
SC 13G/A - PIONEER NATURAL RESOURCES CO (0001038357) (Subject)
SC 13G/A - PIONEER NATURAL RESOURCES CO (0001038357) (Subject)
SC 13G/A - PIONEER NATURAL RESOURCES CO (0001038357) (Subject)
SC 13G - PIONEER NATURAL RESOURCES CO (0001038357) (Subject)
SC 13G/A - PIONEER NATURAL RESOURCES CO (0001038357) (Subject)
Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today issued the following statement in response to the decision by the U.S. Federal Trade Commission ("FTC") to clear the proposed merger with Exxon Mobil Corporation (NYSE:XOM) ("ExxonMobil") subject to a Consent Order based on allegations in a settlement Complaint directed at Mr. Sheffield: We disagree and are surprised by the FTC's Complaint saying that Mr. Sheffield's record and statements on matters of public interest should disqualify him from serving on the ExxonMobil Board of Directors. Notwithstanding, Pioneer and Mr. Sheffield are not taking any steps to prevent the merger from closing. As he has for his
Pioneer Natural Resources Company ("Pioneer") (NYSE:PXD) today announced its first quarter 2024 earnings news release is scheduled to be issued after the close of trading on the New York Stock Exchange on Thursday, May 2, 2024. Due to the pending merger with ExxonMobil, Pioneer will not host a conference call or webcast to discuss its first quarter 2024 results. About Pioneer 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 source version on businesswire.com: https://www.businesswire.com/news/home/20240418786179/en/
Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today reported financial and operating results for the quarter and year ended December 31, 2023. Pioneer reported fourth quarter net income attributable to common shareholders of $1.3 billion, or $5.28 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 quarter was $1.3 billion, or $5.26 per diluted share. Cash flow from operating activities for the fourth quarter was $2.3 billion. For the year ended December 31, 2023, the Company reported net income attributable to common stockholders
Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") announced today that its Board of Directors declared a quarterly base-plus-variable cash dividend of $2.56 per common share. The dividend is payable March 22, 2024, to stockholders of record at the close of business on March 4, 2024. About Pioneer 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. Note: Future dividends are authorized and determined by the Company's Board of Directors in its sole discretion. Decisions regarding the payment of dividends ar
Pioneer Natural Resources Company ("Pioneer") (NYSE:PXD) today announced its fourth quarter 2023 earnings news release is scheduled to be issued before the market opens on Thursday, February 22, 2024. Due to the pending merger with ExxonMobil, Pioneer will not host a conference call or webcast to discuss its fourth quarter 2023 results. About Pioneer 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 source version on businesswire.com: https://www.businesswire.com/news/home/20240201747047/en/
Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today reported financial and operating results for the quarter ended September 30, 2023. Pioneer reported third quarter net income attributable to common shareholders of $1.3 billion, or $5.41 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 $1.4 billion, or $5.83 per diluted share. Cash flow from operating activities for the third quarter was $2.1 billion. Third Quarter Highlights Third quarter oil production averaged 377 thousand barrels of oil per day (MBOPD), at
Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") announced today that its Board of Directors declared a quarterly base-plus-variable cash dividend of $3.20 per common share. The dividend is payable December 22, 2023, to stockholders of record at the close of business on November 30, 2023. About Pioneer 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. Note: Future dividends, whether base or variable, are authorized and determined by the Company's Board of Directors in its sole discretion. Decisions reg
Pioneer Natural Resources Company ("Pioneer") (NYSE:PXD) today announced its third quarter 2023 earnings news release is scheduled to be issued after the close of trading on the New York Stock Exchange on Thursday, November 2, 2023. Due to the pending merger with ExxonMobil, Pioneer will not host a conference call or webcast to discuss its third quarter 2023 results. About Pioneer 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 source version on businesswire.com: https://www.businesswire.com/news/home/20231024207116/en
Transforms ExxonMobil's upstream portfolio, more than doubling the company's Permian footprint and creating an industry-leading, high-quality, high-return undeveloped U.S. unconventional inventory position Expect to generate double-digit returns by recovering more resource, more efficiently and with a lower environmental impact Combines Pioneer's sizeable acreage, entrepreneurial culture and deep industry expertise with ExxonMobil's balance-sheet strength, advanced technologies and industry-leading project development capabilities Plans to accelerate Pioneer's net zero Permian ambition from 2050 to 2035 Strengthens U.S. economy and energy security Exxon Mobil Corporation (NY
Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today reported financial and operating results for the quarter ended June 30, 2023. Pioneer reported second quarter net income attributable to common stockholders of $1.1 billion, or $4.55 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 $1.1 billion, or $4.49 per diluted share. Cash flow from operating activities for the second quarter was $1.7 billion. Highlights Second quarter oil production averaged 369 thousand barrels of oil per day (MBOPD), near the top end o
NEW YORK, May 3, 2024 /PRNewswire/ -- S&P MidCap 400 constituent Vistra Corp. (NYSE: VST) will replace Pioneer Natural Resources Co. (NYSE:PXD) in the S&P 500, S&P SmallCap 600 constituent Aaon Inc. (NASD: AAON) will replace Vistra in the S&P MidCap 400, and Marathon Digital Holdings Inc. (NASD: MARA) will replace Aaon in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, May 8. S&P 500 and S&P 100 constituent Exxon Mobil Corp. (NYSE:XOM) acquired Pioneer Natural Resources in a deal that closed today, Friday May 3. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action C
Jacinto J. Hernandez, a director of Altria Group, Inc. ("Altria"), retired from service on our Board of Directors effective February 23, 2024. Mr. Hernandez will continue to serve Altria as a strategic advisor under a 5-year advisory services agreement. "We thank Jacinto for his service on our Board," said Kathryn McQuade, Altria's independent Board Chair. "Our Board benefited from his industry experience and financial expertise." "I joined Altria's Board because I am inspired by Altria's Vision to responsibly lead the transition of adult smokers to a smoke-free future," said Mr. Hernandez. "I am pleased that this agreement will allow me to focus my attention on helping Altria pursue it
Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK) today announced the appointment of Lori George Billingsley to its Board of Directors, effective October 17, 2022. Billingsley has been named to the Nominating & Corporate Governance Committee of the Board. She will become the eleventh member of Shake Shack's Board of Directors, following Tristan Walker's appointment in 2020. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221019005253/en/(Photo: Business Wire) "We are pleased to name Lori to Shake Shack's Board of Directors," said Randy Garutti, Shake Shack CEO. "Looking towards the future of Shake Shack, Lori's breadth
Quantum Energy Partners to commit $400 million to Trace Trace II and its affiliates will focus on the development of carbon capture and sequestration assets as well as other midstream infrastructure across North America Company appoints tenured executive David Dell'Osso as Chief Operating Officer Trace Midstream ("Trace") announced today that it has secured an equity commitment of $400 million from Quantum Energy Partners to form Trace Midstream Partners II, LLC, and its affiliate, Trace Carbon Solutions, LLC (collectively, "Trace II" or the "Company"). Headquartered in Houston, Texas, the Company will be focused on developing carbon capture and sequestration ("CCS") assets and suppo
CALGARY, AB, July 6, 2022 /CNW/ - Petro-Victory Energy Corp. ("Petro-Victory" or the "Company") (TSXV:VRY) is delighted to announce that Mr. Timothy L. Dove has joined the Company in the capacity as advisor to the Board of Directors. HighlightsFormer CEO of Dallas, Texas based $64 billion market cap company, Pioneer Natural Resources (NYSE:PXD), Timothy L. Dove has joined the Company in an advisory capacity to the Board of DirectorsMr. Dove brings over 40 years of onshore upstream oil and gas industry experience to the Petro-Victory leadership teamMr. Dove joins Petro-Victory
DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer” or the “Company”) announced today the early results of Pioneer’s previously announced cash tender offers to purchase any and all of the outstanding 5.625% Senior Notes due 2027 (the “2027 Notes”) and 4.125% Senior Notes due 2028 (the “2028 Notes” and, together with the 2027 Notes, the “Tender Offer Notes”) of Parsley Energy, LLC, a Delaware limited liability company (“Parsley LLC”), and Parsley Finance Corp., a Delaware corporation (“Parsley Finance” and, together with Parsley LLC, the “Issuers”) from holders of each series of the Tender Offer Notes (the “Tender Offers”) and solicitations of consents fr
DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer”) today announced that Pioneer has completed its previously announced acquisition of Parsley Energy, Inc. (NYSE:PE) (“Parsley”) following the approval by Pioneer and Parsley stockholders of all proposals necessary for completing the all-stock transaction. At the special meeting of Pioneer stockholders held today, more than 99% of the shares of Pioneer common stock voting at the special meeting were cast in favor of the issuance of Pioneer common stock in connection with the transaction. At the special meeting of Parsley stockholders held today, more than 99% of the shares of Parsley common stock voting
DALLAS--(BUSINESS WIRE)--Ninth paragraph, third sentence of release should read: The 5.250% Notes due 2025 will be redeemed at a redemption price of 103.938% of the outstanding aggregate principal amount... (instead of The 5.250% Notes due 2025 will be redeemed at a redemption price of 103.398% of the outstanding aggregate principal amount...) The updated release reads: PIONEER NATURAL RESOURCES COMPANY ANNOUNCES CONDITIONAL CASH TENDER OFFERS FOR 5.625% SENIOR NOTES DUE 2027 AND 4.125% SENIOR NOTES DUE 2028 OF PARSLEY ENERGY, LLC AND PARSLEY FINANCE CORP. AND SOLICITATIONS OF CONSENTS TO THE RELATED INDENTURES Parsley Energy, Inc. Issues Notice of Conditional Redemption for its
DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (NYSE: PXD) (“Pioneer”) today announced that, in connection with the proposed Mergers described below, it has commenced cash tender offers to purchase any and all of the outstanding 5.625% Senior Notes due 2027 (the “2027 Notes”) and 4.125% Senior Notes due 2028 (the “2028 Notes” and, together with the 2027 Notes, the “Notes”) of Parsley Energy, LLC, a Delaware limited liability company (“Parsley LLC”), and Parsley Finance Corp., a Delaware corporation (“Parsley Finance” and, together with Parsley LLC, the “Issuers”) from holders of each series of the Notes (the “Offers”) and solicitations of consents from holders of each se
DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer” or “the Company”) today announced the publication of its 2020 Sustainability Report, detailing the Company’s dedication and focus on environmental, social and governance (ESG) programs. The report highlights enhanced disclosures on air emissions, health and safety metrics, diversity and inclusion initiatives, community engagement, board governance and additional detail on the steps Pioneer will take to integrate the assets from the pending acquisition of Parsley Energy into alignment with the Company’s announced goals and targets. Pioneer’s 2020 Sustainability Report is available at www.pxd.com/sustaina