Press Release

DALLAS--(BUSINESS WIRE)--Feb. 24, 2023-- Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") announced today that the Company is not contemplating a significant business combination or other acquisition transaction.

About Pioneer

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 www.pxd.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230224005443/en/

Investors
Tom Fitter - 972-969-1821
Greg Wright - 972-969-1770
Chris Leypoldt - 972-969-5834

Media and Public Affairs
Christina Voss - 972-969-5706

Source: Pioneer Natural Resources Company