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Pioneer Natural Resources was created in 1997 by the merger of Parker & Parsley Petroleum Company and MESA Inc., owned by Thomas Boone Pickens. [2] In May 2016, CEO and chairman Scott D. Sheffield was succeeded by Timothy Dove. Sheffield returned to the roles in 2019 after Dove's retirement. [3] [4] In January 2024, Richard P. Dealy was named ...
Bryan Sheffield (born 1978) is a businessperson in the oil and gas industry. He founded Parsley Energy in 2008, which was sold to his father Scott D. Sheffield's company Pioneer Natural Resources in 2021.
During the COVID pandemic, Sheffield petitioned the Texas Railroad Commission to curtail oil production in order to raise oil prices. [12]In May 2024, during its antitrust review of ExxonMobil's acquisition of Pioneer Natural Resources, the Federal Trade Commission (FTC) alleged that Scott Sheffield had illegally colluded with OPEC and OPEC+, a related cartel of oil-producing countries, to ...
Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ago, creating a colossal fracking operator in ...
Pioneer Natural Resources was a high-flyer in 2013. This year, however, the shares lack upward dynamics, and with a forward P/E of 36, the company is richly valued by the market. In its latest ...
Pioneer has faced investor criticism in recent years due to weak returns, and it has sold a number of assets outside of the Permian while cutting spending. Exclusive: Pioneer Natural Resources in ...
Timothy L. Dove (born 1956/57) is the former chief executive officer of Pioneer Natural Resources. Early life and education. In 1975, ...
On Wednesday, Pioneer Natural Resources had good news and bad news for its investors. On the good news front, the company announced that China's Sinochem Petroleum USA LLC has agreed to pay $500 ...