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Pioneer Natural Resources Declares Dividend on Common Shares

DALLAS, Aug 30, 2010 (BUSINESS WIRE) --

Pioneer Natural Resources Company (NYSE:PXD) announced today that its board of directors declared a cash dividend of $0.04 per share on Pioneer's outstanding common stock. The dividend is payable October 14, 2010 to stockholders of record at the close of business on September 30, 2010.

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

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SOURCE: Pioneer Natural Resources

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