Pioneer Natural Resources Company Announces Executive Appointment

DALLAS–(BUSINESS WIRE)–Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer” or “the
Company”) today announced that Neal H. Shah will join Pioneer on June
29, 2017, as Vice President, Investor Relations. He will report to Frank
Hopkins, Senior Vice President, Investor Relations.

Neal comes to Pioneer with a strong financial and equity research
background. Most recently, he worked at Thrivent Asset Management and
Nuveen Asset Management where he was responsible for energy sector stock
selection. Prior to that, he held various financial analysis positions
at Target Corporation, Piper Jaffray & Company, RBC Capital Markets and
Goldman Sachs & Company. Neal has a Bachelor of Science degree in
Electrical Engineering from the Louisiana State University and a Master
of Business Administration degree from the Booth School of Business at
the University of Chicago, where he was a Siebel Scholar and a recipient
of the Irwin J. Biederman Leadership award.

President and Chief Executive Officer Timothy L. Dove stated, “We are
delighted that Neal is joining Pioneer’s management team. Our investor
relations program will benefit from his deep understanding of the
financial markets and the management of stock portfolios.”

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.

Contacts

Pioneer Natural Resources
Investors
Frank
Hopkins, 972-969-4065
or
Trey Muir, 972-969-3674
or
Media
and Public Affairs
Tadd Owens, 972-969-5760
or
Robert
Bobo, 972-969-4020