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About the company
Pioneer Natural Resources Company is an oil and gas exploration and production company. The Company explores for, develops and produces oil, natural gas liquids (NGLs) and gas in the Midland Basin in West Texas. The Company conducts exploitation and exploration activities in the Spraberry/Wolfcamp oil field located in the Midland Basin in West Texas. The Company holds approximately 976,000 gross acres, of which 961,000 gross acres are located in the Spraberry/Wolfcamp field in the Midland Basin of West Texas. The oil produced from the Spraberry/Wolfcamp field in the Midland Basin is West Texas Intermediate Sweet, and the gas produced is casinghead gas with an average energy content of 1,400 British thermal unit (Btu). The oil and gas are produced primarily from six formations, the Spraberry, the Jo Mill, the Dean, the Wolfcamp, the Strawn and the Atoka. Its subsidiaries include Pioneer Natural Resources USA, Inc., Pioneer Sands LLC and Pioneer Uravan, Inc., among others.
- Revenue in USD (TTM)24.38bn
- Net income in USD7.83bn
- LocationPioneer Natural Resources Co777 Hidden RidgeIRVING 75038United StatesUSA
- Phone+1 (972) 444-9001
- Fax+1 (972) 402-7023
Mergers & acquisitions
|Acquired company||Deal status||Date||Date /|
|PXD:NYQ since |
|Range Resources Corp||Prior rumour discounted||24 Feb 2023||24 Feb 2023Prior rumour discounted||-11.22%||--|