Pioneer Natural Resources

Mining

Pioneer Natural Resources Co, headquartered in Texas, is engaged in oil and gas production and exploration business.

The company was founded in 1997 following a merger between two companies, namely MESA Inc and Parker & Parsley. MESA Inc operated in offshore drilling expertise and heavy natural gas business.

Pioneer operates as an independent gas and oil production and exploration company. It is engaged in gas drilling, onshore oil, production and exploration, across the United States.

The oil and gas firm’s stocks are traded on NYSE under the ticker of ‘PXD’. It claims to have a leading team of engineers and scientists with expertise in different energy operations.

The company says that decades ago it staked claims to certain legacy wells that hiccupped just 12 or 10 barrels of oil each day. The oil and gas exploration firm focuses on innovation and claims to explore new technologies in partnership with global laboratories.

The company has a huge patch of rugged terrain in Texas. It is considered to be the home to world’s second largest oilfields, Pioneer Natural Resources Co claims.

The firm says the according to some estimates there are untapped resourced deep below the surface of Permian Basin could be a rival to the oilfields in Saudi Arabia, which is considered to be the largest oilfield in the world, reportedly.

The independent oil and gas firm also claims to focus on safety of workers, employees, and other stakeholders.

The subsidiaries of the company consists of entities like Parsley Energy Inc, MESA Operating Co, Parsley Energy Operation LLC, Pioneer Sands LLC, Pioneer Water Management, Mesa Offshore Royalty Partnership, Westpan Resources LP, Pioneer Shelf Properties Incorporated, Westpan NGL LP, PSE Financial Corporation.

On January 12, 2021, the independent oil and gas exploration firm acquired Parsley Energy, Inc, which is incorporated in Delaware corporation, and certain of its subsidiaries like Parsley Energy, LLC.

 

Contact Information

company address 777 Hidden Ridge Irving, Texas 75038

company phone972-444-9001

company email[email protected]

company websitewww.pxd.com

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