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Pioneer Natural Resources Company's Overview

Total employees2721
HeadquartersIrving
Founded1997

Pioneer Natural Resources Company was a prominent American independent oil and gas exploration and production company, primarily focused on the development of unconventional oil and gas reserves in the Permian Basin in West Texas. Known for its operational efficiency, significant acreage, and leadership in horizontal drilling and hydraulic fracturing techniques, Pioneer was a key player in the U.S. shale revolution. On May 3, 2024, ExxonMobil completed its acquisition of Pioneer Natural Resources, integrating its assets and operations into ExxonMobil's expanding portfolio.

Where is Pioneer Natural Resources Company's Headquarters?

HQ Function

The headquarters served as the central command for corporate management, strategic decision-making, financial operations, legal affairs, human resources, investor relations, and oversight of Pioneer's extensive oil and gas operations.

Notable Features:

The Irving headquarters was part of a modern corporate campus, featuring office buildings designed to accommodate a large workforce and support efficient business operations. Facilities were equipped with contemporary amenities to foster collaboration and productivity.

Work Culture:

Pioneer fostered a work culture centered on operational excellence, safety, and innovation in the Permian Basin. Employees often cited a strong sense of teamwork, local community engagement, and pride in contributing to U.S. energy production. The environment was generally considered fast-paced and results-oriented, reflecting the dynamic nature of the oil and gas industry.

HQ Significance:

The Irving headquarters was strategically important due to its proximity to financial markets, a rich talent pool in the energy sector, and numerous service companies crucial to oil and gas operations. It symbolized the nerve center of one of the largest and most influential independent U.S. exploration and production companies prior to its acquisition.

Values Reflected in HQ: The headquarters aimed to project an image of a technologically advanced, efficient, and responsible energy leader, aligning with Pioneer's stated values of operational excellence, environmental stewardship, safety, and employee well-being.

Location:

Pioneer Natural Resources' operations were almost exclusively concentrated in the United States, specifically within the Permian Basin of West Texas. While it did not maintain a broad global operational footprint in terms of direct production assets outside the U.S., its activities had global implications. As a significant producer, Pioneer contributed to the U.S. oil supply, which in turn influenced international energy markets. The company also engaged with global financial markets for capital, and its products were part of the global energy trade.

Street Address:

777 Hidden Ridge

City:

Irving

State/Province:

Texas

Country:

USA

Pioneer Natural Resources Company's Global Presence

Midland, Texas, USA

Address: 1400 Williams Street, Midland, TX 79701

To directly oversee and support exploration, development, and production operations within the core of the Permian Basin, ensuring efficient resource extraction, logistical coordination, and on-the-ground management of assets.

Buying Intent Signals for Pioneer Natural Resources Company

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Pioneer Natural Resources Company

As of April 2025, Pioneer Natural Resources Company' leadership includes:

Richard P. Dealy - Chief Executive Officer
Neal H. Shah - Executive Vice President and Chief Financial Officer
Mark S. Berg - Executive Vice President, Corporate Operations
Chris L. Cheatwood - Executive Vice President, Business Development & Land
Beth A. McDonald - Executive Vice President, General Counsel and Corporate Secretary
Scott D. Sheffield - Special Advisor to the CEO (Former CEO)

Investors of Pioneer Natural Resources Company

Pioneer Natural Resources Company has been backed by several prominent investors over the years, including:

The Vanguard Group, Inc.
BlackRock, Inc.
State Street Corporation
Fidelity Management & Research Company LLC (FMR)
Capital World Investors

Executive New Hires/Exits in the Last 12 Months

Hire1
Exits5

The primary executive changes at Pioneer Natural Resources in the year prior to its acquisition by ExxonMobil (completed May 2024) involved a planned CEO transition and the subsequent impact of the acquisition on the leadership team. Richard P. Dealy became CEO in January 2024, succeeding Scott Sheffield. Following the acquisition, the existing Pioneer executive roles were largely dissolved or transitioned.

Departures

Scott D. Sheffield, Retired as Chief Executive Officer, became Special Advisor to the CEO effective January 1, 2024.
Richard P. Dealy, Role as CEO of independent Pioneer Natural Resources ceased upon completion of acquisition by ExxonMobil.
Neal H. Shah, Role as EVP and CFO of independent Pioneer Natural Resources ceased upon completion of acquisition by ExxonMobil.
Mark S. Berg, Role as EVP, Corporate Operations of independent Pioneer Natural Resources ceased upon completion of acquisition by ExxonMobil.
Chris L. Cheatwood, Role as EVP, Business Development & Land of independent Pioneer Natural Resources ceased upon completion of acquisition by ExxonMobil.

New Appointments:

Richard P. Dealy, Richard P. Dealy appointed as Chief Executive Officer, succeeding Scott D. Sheffield.

Technology (Tech Stack) used by Pioneer Natural Resources Company

Discover the tools Pioneer Natural Resources Company uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Pioneer Natural Resources Company Email Formats and Examples

Prior to its acquisition by ExxonMobil in May 2024, Pioneer Natural Resources Company (PXD) commonly used specific email formats for its employees. These email addresses are no longer active for Pioneer as an independent entity, as the pxd.com domain now provides information regarding the ExxonMobil acquisition.

[first].[last]@pxd.com

Format

john.doe@pxd.com

Example

0%

Success rate

News and media

ExxonMobil CorporateMay 3, 2024

ExxonMobil completes acquisition of Pioneer Natural Resources

ExxonMobil announced it has closed its acquisition of Pioneer Natural Resources. The merger combines Pioneer’s more than 850,000 net acres in the Midland Basin with ExxonMobil’s 570,000 net acres in the Delaware and Midland Basins, creating an industry-leading Permian Basin position....more

ReutersFebruary 2, 2024

Pioneer Natural shareholders approve $60 bln sale to Exxon Mobil

Pioneer Natural Resources shareholders voted in favor of the company's $59.5 billion sale to Exxon Mobil, moving the largest oil and gas deal in two decades closer to completion. The deal was approved by 99% of votes cast....more

Pioneer Natural Resources / PR NewswireOctober 11, 2023

ExxonMobil Announces Merger with Pioneer Natural Resources in All-Stock Transaction

Pioneer Natural Resources announced it entered into a definitive agreement for ExxonMobil to acquire Pioneer in an all-stock transaction. The implied total enterprise value of the transaction, including net debt, is approximately $64.5 billion....more

Pioneer Natural Resources / Business WireApril 26, 2023

Pioneer Natural Resources CEO Scott D. Sheffield Announces Retirement; Richard P. Dealy to Succeed as CEO

Pioneer Natural Resources announced that Chief Executive Officer Scott D. Sheffield will retire at the end of 2023. Richard P. Dealy, current President and Chief Operating Officer, was named as his successor and assumed the CEO role on January 1, 2024. Sheffield transitioned to Special Advisor....more

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