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NEWS PROVIDED BY:
Business Wire

DALLAS--(BUSINESS WIRE)-- Pioneer Natural Resources Company (PXD) announced today that its board of directors declared a cash dividend of $0.04 per share on Pioneers 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 Pioneers website at www.pxd.com.

http://cts.businesswire.com/ct/CT?id=bwnews&sty=20120823005864r1&sid=acqr4&distro=nx

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

Copyright Business Wire 2012