Pioneer Natural Resources Company

OverviewSuggest Edit

Focused on delivering competitive and sustainable results, Pioneer responsibly produces oil and natural gas resources to help meet the world’s energy demands. The company provides many of its own services by owning and operating frac fleets, drilling rigs and coil tubing units. Areas of operations include the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton Basin in Southeastern Colorado and the West Texas Panhandle gas field. The enthusiasm, commitment and talent of employees are at the heart of Pioneer’s success. Communicating openly at all levels of the organization, personal accountability and working as a team are all hallmarks of the company culture of respect. Pioneer fosters an entrepreneur’s mindset, driving innovation and striving for excellence in all areas. Company commitment to the health and safety of employees and the environment is strong.
TypePublic
Founded1997
HQIrving, US
Websitepxd.com
Employee Ratings3.8

Latest Updates

Employees (est.) (Dec 2018)3,177(-17%)
Job Openings56
Revenue (FY, 2018)$9.4 B(+72%)
Share Price (May 2019)$154.3

Key People/Management at Pioneer Natural Resources Company

Timothy L. Dove

Timothy L. Dove

President and Chief Executive Officer, President and Chief Executive Officer
Mark S. Berg

Mark S. Berg

Executive Vice President, Corporate/Operations
Chris J. Cheatwood

Chris J. Cheatwood

Executive Vice President and Chief Technology Officer
Richard P. Dealy

Richard P. Dealy

Executive Vice President and Chief Financial Officer
J.D. Hall

J.D. Hall

Executive Vice President, Permian Operations
Kenneth H. Sheffield

Kenneth H. Sheffield

Executive Vice President, Operations/Engineering/Facilities
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Pioneer Natural Resources Company Office Locations

Pioneer Natural Resources Company has an office in Irving
Irving, US (HQ)
5205 N O'Connor Blvd #200
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Pioneer Natural Resources Company Financials and Metrics

Pioneer Natural Resources Company Revenue

Pioneer Natural Resources Company's revenue was reported to be $9.38 b in FY, 2018
USD

Revenue (Q1, 2019)

2.2b

Net income (Q1, 2019)

350.0m

Market capitalization (17-May-2019)

26.0b

Closing stock price (17-May-2019)

154.3

Cash (31-Mar-2019)

511.0m

EV

27.8b
Pioneer Natural Resources Company's current market capitalization is $26 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

3.2b5.1b4.8m3.8b5.5b9.4b

Revenue growth, %

60%(100%)79154%

Cost of goods sold

855.0m

Gross profit

8.5b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

826.8m963.0m953.0m1.5b868.0m648.0m2.2b685.0m786.0m1.2b1.5b1.6b1.5b2.2b2.1b2.5b2.2b

General and administrative expense

73.7m81.0m82.0m81.0m82.0m83.0m81.0m74.0m80.0m82.0m84.0m81.0m81.0m90.0m95.0m96.0m94.0m

Operating expense total

670.0m81.0m82.0m81.0m82.0m83.0m81.0m74.0m80.0m82.0m84.0m81.0m81.0m90.0m185.0m96.0m94.0m

Interest expense

45.1m45.0m47.0m46.0m46.0m46.0m46.0m55.0m56.0m50.0m46.0m35.0m37.0m36.0m32.0m30.0m29.0m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

392.6m1.0b1.4b1.1b896.0m825.0m

Accounts Receivable

Inventories

220.1m241.0m155.0m181.0m212.0m242.0m

Current Assets

1.7b2.4b3.2b3.3b3.0b2.6b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

744.1m257.0m445.0m550.0m383.0m219.0m581.0m636.0m1.0b792.0m919.0m511.0m

Inventories

226.4m231.0m221.0m237.0m266.0m269.0m238.0m153.0m165.0m159.0m200.0m192.0m187.0m218.0m236.0m269.0m253.0m

Current Assets

1.5b1.5b1.4b1.5b1.7b1.3b2.4b4.1b4.7b3.5b2.9b3.1b2.9b2.8b2.5b2.7b2.5b

PP&E

1.4b1.5b1.5b1.5b1.5b1.5b1.6b1.6b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(799.5m)930.0m(273.0m)(556.0m)833.0m975.0m

Inventories

(39.1m)(37.0m)8.0m(32.0m)(35.0m)(70.0m)

Accounts Payable

208.7m104.0m(258.0m)58.0m134.0m321.0m

Cash From Operating Activities

2.1b2.4b1.2b1.5b2.1b3.2b
USDY, 2019

EV/CFO

46 x

Financial Leverage

1.5 x
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Pioneer Natural Resources Company Online and Social Media Presence

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Pioneer Natural Resources Company News and Updates

PIONEER NATURAL RESOURCES INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Pioneer Natural Resources Company - PXD

NEW ORLEANS, Feb. 22, 2019 /PRNewswire/ -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into Pioneer Natural Resources Company (NYSE: PXD). On January 2,...

Pioneer Natural Resources Company Blogs

Pioneer Natural Resources Announces First Quarter 2019 Earnings News Release Date and Conference Call

DALLAS --(BUSINESS WIRE)--Mar. 28, 2019-- Pioneer Natural Resources Company (“Pioneer”) (NYSE:PXD) today announced its first quarter 2019 earnings news release is scheduled to be issued after the close of trading on the New York Stock Exchange on Monday, May 6, 2019 .

Pioneer Natural Resources Company Announces CEO Tim Dove to Retire; Chairman Scott Sheffield to Return as CEO

DALLAS --(BUSINESS WIRE)--Feb. 21, 2019-- Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer” or “the Company”) today announced that Timothy L. Dove will retire as CEO and a Board Director effective immediately. Scott D. Sheffield , Chairman of the Board, will return to his former role as Chief

Pioneer Natural Resources to Present at Simmons Energy Conference

DALLAS --(BUSINESS WIRE)--Feb. 14, 2019-- Pioneer Natural Resources Company (NYSE:PXD) today announced that President and Chief Executive Officer Tim Dove , will participate in a Fireside Discussion at Simmons Energy Conference on Wednesday, February 27 , at 11:30 a.m. PT . It will not be webcast.

Pioneer Natural Resources Company Reports Fourth-Quarter and Full-Year 2018 Financial and Operating Results; Provides 2019 Outlook

DALLAS --(BUSINESS WIRE)--Feb. 13, 2019-- Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer” or “the Company”) today reported financial and operating results for the quarter and year ended December 31, 2018 . Pioneer reported fourth quarter net income attributable to common stockholders of

Pioneer Natural Resources Company Increases Dividend on Common Shares

DALLAS --(BUSINESS WIRE)--Feb. 13, 2019-- Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer” or “the Company”) today announced that its Board of Directors approved an increase in the Company’s semiannual cash dividend from $0.16 per share to $0.32 per share on Pioneer’s outstanding common

Pioneer Natural Resources to Present at Goldman Sachs Global Energy Conference

DALLAS --(BUSINESS WIRE)--Jan. 2, 2019-- Pioneer Natural Resources Company (NYSE:PXD) today announced that President and Chief Executive Officer Tim Dove will participate in a panel discussion at Goldman Sachs Global Energy Conference on Tuesday, January 8 , at 10:15 a.m. Eastern Time .
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Pioneer Natural Resources Company Frequently Asked Questions

  • When was Pioneer Natural Resources Company founded?

    Pioneer Natural Resources Company was founded in 1997.

  • Who are Pioneer Natural Resources Company key executives?

    Pioneer Natural Resources Company's key executives are Timothy L. Dove, Mark S. Berg and Chris J. Cheatwood.

  • How many employees does Pioneer Natural Resources Company have?

    Pioneer Natural Resources Company has 3,177 employees.

  • What is Pioneer Natural Resources Company revenue?

    Latest Pioneer Natural Resources Company annual revenue is $9.4 b.

  • What is Pioneer Natural Resources Company revenue per employee?

    Latest Pioneer Natural Resources Company revenue per employee is $3 m.

  • Who are Pioneer Natural Resources Company competitors?

    Competitors of Pioneer Natural Resources Company include Marathon Oil, Barnwell Industries and EnerJex Resources.

  • Where is Pioneer Natural Resources Company headquarters?

    Pioneer Natural Resources Company headquarters is located at 5205 N O'Connor Blvd #200, Irving.

  • Where are Pioneer Natural Resources Company offices?

    Pioneer Natural Resources Company has an office in Irving.

  • How many offices does Pioneer Natural Resources Company have?

    Pioneer Natural Resources Company has 1 office.