Pioneer Natural Resources Company - About the company
Pioneer Natural Resources Company is an acquired company based in Irving (United States), founded in 1997. It operates as an Exploration and production company. Pioneer Natural Resources Company has raised an undisclosed amount in funding. The company has 1727 active competitors, including 146 funded and 686 that have exited. Its top competitors include companies like Shell, TotalEnergies and YPF.
Company Details
Pioneer Natural Resources is an independent exploration and production company. The company's 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 company provides many of its own services by owning and operating frac fleets, drilling rigs, and coil tubing units. In 2022, the company recorded annual revenues of $24.29B and a net profit of $7.84B.
- Website
- pxd.com
- Social
- Phone Number
- +1 **********
- Registered Address
- Irving, Texas
Key Metrics
Founded Year
1997
Location
Irving, United States
Stage
Acquired
Latest Funding Round
Ranked
28th among 1727 active competitors
Annual Revenue
$1B+ as on Dec 31, 2019
Employee Count
2,167 as on Jul 31, 2026
Investment & Acquisitions
Exit Details
Acquired by ExxonMobil (Oct 11, 2023)
Legal entities associated with Pioneer Natural Resources Company
Pioneer Natural Resources Company is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PARSLEY ENERGY, INC. CIN: 1594466 , United States, Active | Dec 10, 2013 | $1B+ (As on Dec 31, 2019) | - | - |
PIONEER NATURAL RESOURCES CO CIN: 1038357 , United States, Deadpooled | Apr 01, 1997 | $1B+ (As on Dec 31, 2023) | 2213 (As on Dec 31, 2023) | - |
PIONEER NATURAL RESOURCES USA, INC. CIN: 752516853 , United States, Active | Dec 26, 999 | - | 1917 (As on Dec 31, 2024) | - |
Pioneer Natural Resources Company's acquisition details
Pioneer Natural Resources Company got acquired by ExxonMobil on Oct 11, 2023 at an acquisition amount of $*****.
Click here to take a look at Pioneer Natural Resources Company's acquisition in detail
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Pioneer Natural Resources Company's funding and investors
Pioneer Natural Resources Company has raised funding over 1 round. Pioneer Natural Resources Company has 2 institutional investors.
Here is the list of recent funding rounds of Pioneer Natural Resources Company:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 12, 2020 | 1907422 | Post IPO | 2614740 | 5991899 | 4369118 | 3337156 |
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Pioneer Natural Resources Company's founders and board of directors
Founder? Claim ProfilePioneer Natural Resources Company's employee count trend
Pioneer Natural Resources Company has 2,167 employees as of Jul 26. Here is Pioneer Natural Resources Company's employee count trend over the years:
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Pioneer Natural Resources Company's Competitors and alternates
Top competitors of Pioneer Natural Resources Company include Shell, TotalEnergies and YPF. Here is the list of Top 10 competitors of Pioneer Natural Resources Company, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Shell 1907, London (United Kingdom), Public | Provider of natural gas & oil exploration, refining, midstream, and upstream services | - | 83/100 | |
2nd | TotalEnergies 1924, Paris (France), Public | Integrated energy company producing and marketing energy sources | - | 76/100 | |
3rd | Provider of natural gas & oil exploration and transportation services | - | 71/100 | ||
4th | Provider of oil refinery services | - | 70/100 | ||
5th | Crude oil production, processing, distribution, and retailing company | - | 70/100 | ||
6th | Integrated oil and gas company | - | 70/100 | ||
7th | California Resources Corporation 2014, Los Angeles (United States), Public | Provider of oil & gas exploration and production services | $550M | 70/100 | |
8th | Eni Next 1953, Boston (United States), Public | Provider of exploration, production, and distribution services of oil & gas | - | 69/100 | |
9th | Chevron 1879, Houston (United States), Acquired | Provider of oil & natural gas exploration, production, and refining services | - | 69/100 | |
10th | ADNOC 1971, Abu Dhabi (United Arab Emirates), Public | Provider of natural gas & oil distributor, processing, and refining services | - | 69/100 | |
28th | Pioneer Natural Resources Company 1997, Irving (United States), Acquired | Exploration and production company | - | 49/100 |
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Pioneer Natural Resources Company's Investments and acquisitions
Pioneer Natural Resources Company has acquired Pioneersouthwest. Pioneer Natural Resources Company has not made any investments as of now.Reports related to Pioneer Natural Resources Company
Here is the latest report on Pioneer Natural Resources Company's geography:
News related to Pioneer Natural Resources Company
Filter this listMedia has covered Pioneer Natural Resources Company for 1 event in last 1 year.
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Sheffield Resigns Exxon Board Seat After Pioneer Acquisition DebacleThe Deep Dive•Jul 20, 2025•ExxonMobil, Pioneer Natural Resources Company
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Crescent Energy Appoints Former Pioneer Exec as COOHart Energy•May 19, 2025•Crescent Energy, Pioneer Natural Resources Company
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Scott Sheffield Sues FTC for Abuse of Power Over Exxon-Pioneer DealHart Energy•Jan 22, 2025•Pioneer Natural Resources Company
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Exxon Raises Capital Spending as Worldwide Oil Glut LoomsFinancial Post•Dec 11, 2024•Pioneer Natural Resources Company, ExxonMobil
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USA Compression Partners appoints Christopher M. Paulsen as new CFOSeeking Alpha•Oct 29, 2024•USA Compression, Pioneer Natural Resources Company
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Beth McDonald Appointed SM Energy COOHart Energy•Sep 10, 2024•SM Energy, Pioneer Natural Resources Company
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Exxon plans to put $1B in Permian Basin assets up for saleSeeking Alpha•Aug 27, 2024•Pioneer Natural Resources Company, ExxonMobil
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