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, 2012 to stockholders of record at the close of business on September 28, 2012.

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
Eric Pregler, 972-969-5756
or
Media and Public Affairs
Susan Spratlen, 972-969-4018
or
Suzanne Hicks, 972-969-4020

Source: Pioneer Natural Resources Company