In 1962, two West Texas oilmen with a dream, beat-up car and plenty of guts set out to form a company that would set itself apart from the scores of wildcatters who were looking to swoop in on the latest fly-by-night play. Howard Parker and Joe Parsley shook hands and flipped a coin to determine whose name would come first in the fledgling company’s moniker. Parker won the toss, and Parker & Parsley was born. The company became known for making smart decisions, conservative hedges and shrewd deals as it assembled acreage and drilling plays. While competitors sunk millions and billions into global operations, Parker & Parsley never abandoned its legacy wells in the Permian – a loyalty that continues today. In 1997, Parker & Parsley merged with MESA Inc. to form Pioneer. At the time, MESA boasted heavy natural gas holdings, offshore drilling expertise and an attractive internal culture that paid specific attention to its employees. Those things helped sell Parker & Parsley executives on the merger. The name changed to Pioneer Natural Resources, but components of the two founding companies endure. We continue to operate in the Permian Basin, and we remain steadfast in this belief: We are in a people business first, oil business second.
Pioneer Natural Resources is focused on delivering competitive and sustainable results as we responsibly produce natural gas and oil to help meet the world’s energy demands. We also handle many of our own oilfield services and operate frac fleets, drilling rigs and coil tubing units. We operate in the Permian Basin of West Texas. Pioneer employees' enthusiasm, commitment and talent are at the heart of our success. Our respect-based culture values open communication among all levels of the organization, personal accountability and working as a team. Equally strong is our commitment to safety, the environment, entrepreneurship, innovation and striving for excellence in all that we do.
Company Name | Pioneer Natural Resources Company |
Business Category | Oil & Gas |
Address | 5205 N O Connor Blvd Irving Texas United States ZIP: 75039 |
President | NA |
Year Established | NA |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
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Website | Locked content |