PXD

Altria Group, Inc. Announces Retirement of Director Jacinto J. Hernandez From Board of Directors

Retrieved on: 
Monday, February 26, 2024

Jacinto J. Hernandez, a director of Altria Group, Inc. (“Altria”), retired from service on our Board of Directors effective February 23, 2024.

Key Points: 
  • Jacinto J. Hernandez, a director of Altria Group, Inc. (“Altria”), retired from service on our Board of Directors effective February 23, 2024.
  • Mr. Hernandez will continue to serve Altria as a strategic advisor under a 5-year advisory services agreement.
  • "We thank Jacinto for his service on our Board," said Kathryn McQuade, Altria’s independent Board Chair.
  • Trademarks related to Altria referenced in this release are the property of Altria or our subsidiaries or are used with permission.

Pioneer Natural Resources Declares First Quarter Dividend on Common Shares

Retrieved on: 
Thursday, February 22, 2024

Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") announced today that its Board of Directors declared a quarterly base-plus-variable cash dividend of $2.56 per common share.

Key Points: 
  • Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") announced today that its Board of Directors declared a quarterly base-plus-variable cash dividend of $2.56 per common share.
  • The dividend is payable March 22, 2024, to stockholders of record at the close of business on March 4, 2024.

Pioneer Natural Resources Reports Fourth Quarter and Full Year 2023 Financial and Operating Results

Retrieved on: 
Thursday, February 22, 2024

Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today reported financial and operating results for the quarter and year ended December 31, 2023.

Key Points: 
  • Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today reported financial and operating results for the quarter and year ended December 31, 2023.
  • Pioneer reported fourth quarter net income attributable to common shareholders of $1.3 billion, or $5.28 per diluted share.
  • Cash flow from operating activities during the fourth quarter and full year 2023 was $2.3 billion and $8.4 billion, respectively, leading to free cash flow1 of $1.2 billion for the fourth quarter and $4.1 billion for the full year 2023.
  • Due to the pending merger with ExxonMobil, Pioneer will not host a conference call or webcast to discuss its results for the fourth quarter and year ended December 31, 2023.

Pioneer Natural Resources Announces Fourth Quarter 2023 Earnings News Release Date

Retrieved on: 
Thursday, February 1, 2024

Pioneer Natural Resources Company (“Pioneer”) (NYSE:PXD) today announced its fourth quarter 2023 earnings news release is scheduled to be issued before the market opens on Thursday, February 22, 2024.

Key Points: 
  • Pioneer Natural Resources Company (“Pioneer”) (NYSE:PXD) today announced its fourth quarter 2023 earnings news release is scheduled to be issued before the market opens on Thursday, February 22, 2024.
  • Due to the pending merger with ExxonMobil, Pioneer will not host a conference call or webcast to discuss its fourth quarter 2023 results.

Pioneer Natural Resources Announces that Richard P. Dealy Commences Role as Chief Executive Officer

Retrieved on: 
Tuesday, January 2, 2024

Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today announced that Richard ("Rich") P. Dealy has commenced his new role as Chief Executive Officer (CEO) and Scott D. Sheffield has transitioned to the non-executive role of Special Advisor to the CEO, both effective January 1, 2024.

Key Points: 
  • Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today announced that Richard ("Rich") P. Dealy has commenced his new role as Chief Executive Officer (CEO) and Scott D. Sheffield has transitioned to the non-executive role of Special Advisor to the CEO, both effective January 1, 2024.
  • As previously announced, Dealy succeeds Mr. Sheffield, who retired as CEO on December 31, 2023.
  • Sheffield and Dealy will both continue to serve on the Pioneer Board of Directors (Board).
  • He has been a major reason for our success, and the Company could not be in better hands."

ALERT: The M&A Class Action Firm Continues Investigating the Merger – ESMT, NM, INVO, PXD

Retrieved on: 
Friday, October 27, 2023

NEW YORK, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Juan Monteverde, founder and managing partner of the class action firm Monteverde & Associates PC (the “M&A Class Action Firm”), a national securities firm rated Top 50 in the 2018-2023 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating:

Key Points: 
  • Under the terms of the agreement, ESMT shareholders will receive $23.00 in cash per share they own.
  • Navios Maritime Holdings Inc. (NYSE: NM ), relating to its proposed sale to N Logistics Holdings Corp.
  • INVO Bioscience Inc. (Nasdaq: INVO ), relating to its proposed merger with NAYA Biosciences Inc. Click here for more information: https://www.monteverdelaw.com/case/invo-bioscience-inc .
  • Under the terms of the agreement, PXD shareholders will receive 2.3234 shares of Exxon Mobil per share they own.

Pioneer Natural Resources Declares Fourth Quarter Dividend on Common Shares

Retrieved on: 
Thursday, November 2, 2023

Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") announced today that its Board of Directors declared a quarterly base-plus-variable cash dividend of $3.20 per common share.

Key Points: 
  • Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") announced today that its Board of Directors declared a quarterly base-plus-variable cash dividend of $3.20 per common share.
  • The dividend is payable December 22, 2023, to stockholders of record at the close of business on November 30, 2023.

Pioneer Natural Resources Reports Third Quarter 2023 Financial and Operating Results

Retrieved on: 
Thursday, November 2, 2023

Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today reported financial and operating results for the quarter ended September 30, 2023.

Key Points: 
  • Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today reported financial and operating results for the quarter ended September 30, 2023.
  • Pioneer reported third quarter net income attributable to common shareholders of $1.3 billion, or $5.41 per diluted share.
  • The Company emphasizes developing natural resources in a manner that protects surrounding communities and preserves the environment.
  • Due to the pending merger with ExxonMobil, Pioneer will not host a conference call or webcast to discuss its third quarter 2023 results.

Pioneer Natural Resources Announces Third Quarter 2023 Earnings News Release Date

Retrieved on: 
Tuesday, October 24, 2023

Pioneer Natural Resources Company (“Pioneer”) (NYSE:PXD) today announced its third quarter 2023 earnings news release is scheduled to be issued after the close of trading on the New York Stock Exchange on Thursday, November 2, 2023.

Key Points: 
  • Pioneer Natural Resources Company (“Pioneer”) (NYSE:PXD) today announced its third quarter 2023 earnings news release is scheduled to be issued after the close of trading on the New York Stock Exchange on Thursday, November 2, 2023.
  • Due to the pending merger with ExxonMobil, Pioneer will not host a conference call or webcast to discuss its third quarter 2023 results.

SHAREHOLDER NEWS: Johnson Fistel Investigates Proposed Sale of Pioneer Natural Resources to Exxon Mobil

Retrieved on: 
Wednesday, October 11, 2023

SAN DIEGO, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Pioneer Natural Resources Company (NYSE: PXD) (“Pioneer”) breached their fiduciary duties in connection with the proposed sale of the Company to Exxon Mobil (NYSE: XOM).

Key Points: 
  • SAN DIEGO, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Pioneer Natural Resources Company (NYSE: PXD) (“Pioneer”) breached their fiduciary duties in connection with the proposed sale of the Company to Exxon Mobil (NYSE: XOM).
  • You can click or copy and paste the following link to join this investigation:
    On October 11, 2023, Pioneer announced that it had entered a deal to be purchased by Exon Mobil.
  • Under the terms of the deal, Pioneer shareholders will receive 2.3234 Exxon shares for each Pioneer share they own.
  • Johnson Fistel is investigating whether the proposed deal represents adequate consideration, especially since the average analysts' price target is currently $263.