Pioneer Natural Resources Declares Dividend on Common Shares

Rhea-AI Summary

Pioneer Natural Resources Company (NYSE:PXD) has declared a quarterly cash dividend of $0.55 per share on its common stock. This dividend is scheduled for payment on January 14, 2021, to stockholders of record by the close of business on December 31, 2020. As a significant player in the oil and gas sector, Pioneer continues to demonstrate financial commitment to its shareholders through consistent dividend payments.

Positive

• Quarterly cash dividend of $0.55 per share announced.
• Dividend payment reflects company's financial stability and commitment to shareholder returns.

Negative

• None.

DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer” or “the Company”) announced today that its Board of Directors declared a quarterly cash dividend of $0.55 per share on Pioneer’s outstanding common stock. The dividend is payable January 14, 2021, to stockholders of record at the close of business on December 31, 2020.

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 Pioneer’s website at www.pxd.com.