Pioneer Natural Resources
- Pioneer Natural Resources
Infobox_Company
company_
company_name = Pioneer Natural Resources Co.
company_type = Public (NYSE: [http://www.nyse.com/about/listed/pxd.html PBX] )
company_slogan =
foundation = 1997
location_city = Irving, Texas
location_country = U.S.
key_people = Scott D. Sheffield, President and CEO
num_employees = 1700 (2008) [ [http://finance.yahoo.com/q/pr?s=PXD: Profile for PIONEER NATURAL RESOURCES CO - Yahoo! Finance] ]
industry = Oil & Gas
products =
revenue = profit$2.18 billion USD (2007)
homepage = [http://www.pxd.com www.pxd.com]
Pioneer Natural Resources Co. (nyse|PBX) is an Irving, Texas-based oil and gas company. The company was created in 1997 by the merger of Parker & Parsley Petroleum Company and MESA Inc. In 2004, Pioneer Natural Resources merged with Evergreen Resources, Inc. The company has approximately 1700 employees worldwide. [ [http://finance.yahoo.com/q/pr?s=PXD: Profile for PIONEER NATURAL RESOURCES CO - Yahoo! Finance] . It is listed on the S&P 500.
Pioneer Natural Resources is historically a Texas-based oil company. Pioneer Natural Resources is the largest producer in the Spraberry Trend Area in west Texas and the Raton Basin in southeastern Colorado. It is one of the largest producers in the gas field around Hugoton, Kansas and in the western part of the Texas Panhandle. It is also active in south Texas.
In recent years, Pioneer Natural Resources has expanded internationally and has made major investments in Tunisia and South Africa. It is also active in Alaska.
Pioneer Natural Resources' main business is the exploration and production of oil, natural gas liquids, and gas reserves.
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