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Pioneer Declares Semi-Annual Dividend on Common Shares
DALLAS, Feb 13, 2008 (BUSINESS WIRE) -- Pioneer Natural Resources Company (NYSE:PXD) announced today that its board of directors declared a cash dividend of $0.14 per share on Pioneer's outstanding common stock. The semi-annual dividend is payable April 14, 2008 to stockholders of record at the close of business on March 31, 2008.

Pioneer is a large independent oil and gas exploration and production company, headquartered in Dallas, with operations in the United States, South Africa and Tunisia. For more information, visit Pioneer's website at www.pxd.com.

SOURCE: Pioneer Natural Resources Company

Pioneer Natural Resources Company
Investors
Frank Hopkins, 972-969-4065
or
James Meier, 972-969-3931
or
Scott Rice, 972-969-4017
or
Media and Public Affairs
Susan Spratlen, 972-969-4018

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