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Pioneer Natural Resources Increases Dividend on Common Shares

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Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") announced today that its Board of Directors approved an increase in the Company’s quarterly cash dividend to $0.56 per share (equivalent to $2.24 per share on an annualized basis). The quarterly dividend of $0.56 per share is payable April 14, 2021, to stockholders of record at the close of business on March 31, 2021.

Pioneer is a large independent oil and gas exploration and production company, headquartered in Dallas, Texas, with operations in the United States. For more information, visit www.pxd.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210204006087/en/

Contacts

Pioneer Natural Resources Contacts:

Investors
Neal Shah – 972-969-3900
Tom Fitter – 972-969-1821
Michael McNamara – 972-969-3592
Greg Wright – 972-969-1770

Media and Public Affairs
Tadd Owens – 972-969-5760