Who We Are
Pioneer Natural Resources is a large, Texas-based independent exploration and production company that is focused on helping to meet the world’s energy needs. We deliver industry-leading production and reserve growth through onshore, unconventional, oil and gas resource development in the United States, while providing opportunities for growth and enrichment for our business partners, employees and the communities in which we operate.
With a track record of strong execution and prudent growth, Pioneer is focused on developing two oil-rich shale plays in Texas: the Spraberry/Wolfcamp in the Permian Basin and the Eagle Ford Shale in the southern part of the state. We are the largest producer in the Spraberry/Wolfcamp and a top operator in the Eagle Ford Shale. Additionally, Pioneer is a large natural gas producer in the West Panhandle gas field in Texas.
Our Objectives
- Maintain a strong balance sheet to ensure financial flexibility in any oil price environment.
- Protect cash flow by utilizing an attractive derivatives program.
- Deliver economic production and reserve growth from our oil and gas assets.
- Utilize a vertical integration model to reduce costs and to enhance execution.
- Focus on economic growth and environmental stewardship through industry-leading sustainable development efforts.
- Enrich the communities where we work.
- Stay true to our core values, maintaining a deep sense of accountability for our decisions, actions and attitudes.