About Business
Pioneer Natural Resources is an American petroleum company established in 1997 and based in Irving, Texas, United States. It is involved in hydrocarbon exploration and provides services in the Cline Shale. Recently, ExxonMobil has acquired this company.? Pioneer Natural Resources was started as a result of the merger between Parker & Parsley Petroleum Company and MESA. When ExxonMobil acquired this company in May 2024, it became the largest provider of shale gas. This merger happened for the first time in 20 years. Its main products include petroleum, natural gas, and natural gas condensate. In 2022, Pioneer Natural Resources produced 617 thousand barrels of oil equivalent per day.?
