Pioneer Natural Resources Company Declares Dividend on Common Shares

DALLAS–(BUSINESS WIRE)–Pioneer Natural Resources Company (NYSE:PXD) announced today that
its board of directors declared a cash dividend of $0.04 per share on
Pioneer’s outstanding common stock. The dividend is payable October 12,
2017, to stockholders of record at the close of business on September
29, 2017.

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