Pioneer Natural Resources

Pioneer Natural Resources Company

Traded as	NYSE: PXD
Industry	Petroleum industry
Founded	1997; 27 years ago (1997)
Defunct	May 3, 2024; 2 months ago (2024-05-03)
Fate	Acquired by ExxonMobil
Headquarters	Irving, Texas, U.S.
Key people	Richard P. Dealy, President & CEO
Products	Petroleum Natural gas Natural-gas condensate
Production output	617 thousand barrels of oil equivalent (3,770,000 GJ) per day (2022)
Revenue	US$24.294 billion (2022)
Net income	US$7.845 billion (2022)
Total assets	US$35.740 billion (2022)
Total equity	US$22.541 billion (2022)
Number of employees	2,213 (December 2023)
Website	pxd.com
Footnotes / references [1]

Pioneer Natural Resources Company, headquartered in Irving, Texas, was a company engaged in hydrocarbon exploration. It operated in the Cline Shale, which is part of the Spraberry Trend of the Permian Basin, where the company was the largest acreage holder.^[1] In May 2024, the company was acquired by ExxonMobil.

As of December 31, 2022, the company had 2.376 billion barrels of oil equivalent (1.454×10¹⁰ GJ) of proved reserves, of which 41% was petroleum, 23% was natural gas liquids, and 28% was natural gas. In 2022, the company produced 649 thousand barrels of oil equivalent (3,970,000 GJ) per day, of which 58% was petroleum, 23% was natural gas liquids, and 19% was natural gas.^[1]