Pioneer Natural Resources Company
Pioneer Natural Resources Company is an American hydrocarbon exploration company headquartered in Irving, Texas. It operates from Cline Shale, part of the Permian Basin's Spraberry Trend, where the company owns the largest area. Ranked #341 in the Fortune 500 list.
As of December 31, 2020, Pioneer Natural Resources's proven reserves were 1.271 billion barrels of oil equivalent (7.78 × 109 GJ), of which 53% were petroleum, 25 % is liquid in its natural gas liquids, and 22% came from natural gas. In 2020, the company produced 341 thousand barrels of oil equivalent (2,090,000 GJ) per day, of which 61% was petroleum, 21% was liquefied natural gas, and 18% was natural gas.
Founded: 1997
Headquarters: Irving, Texas
Market cap: $45.34 Billion As of December 2021
Revenue: $14.31 B in 2021
Website: pxd.com