21 Oct 2020business combination● Neutral
The formal merger agreement structured the Parsley deal as a three-step merger, with Parsley and its operating subsidiary becoming wholly owned by Pioneer once completed.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
20 Oct 2020business combination▲ GoodMajor
Pioneer agreed to acquire Parsley Energy in an all-stock deal valued at about $4.5 billion for the shares (roughly $7.6 billion including Parsley's assumed debt), combining the two companies' neighboring Permian Basin acreage; Parsley shareholders would get 0.1252 Pioneer shares for each Parsley share.
13 Oct 2020substantial holder notice● Neutral
The Vanguard Group reported a PIONEER NATURAL RESOURCES CO shareholding of 18,354,029 shares (11.17% of votes) in a periodic institutional filing.
25 Aug 2020director interest notice● Neutral
PIONEER NATURAL RESOURCES CO VP, Investor Relations Neal H Shah had 1,019 shares withheld for taxes on vesting stock.
11 Aug 2020debt financing▲ Good
Pioneer issued $1.1 billion of new 10-year notes at a low 1.90% rate, locking in cheap long-term financing during the pandemic downturn.
7 Aug 2020securities registration● Neutral
PIONEER NATURAL RESOURCES CO filed a prospectus supplement for an offering off its existing shelf.
6 Aug 2020securities registration● Neutral
PIONEER NATURAL RESOURCES CO filed a prospectus supplement for an offering off its existing shelf.
6 Aug 2020securities registration● Neutral
PIONEER NATURAL RESOURCES CO filed a free-writing prospectus - marketing material for an offering in progress.
5 Aug 2020quarterly activities report▼ Bad
PIONEER NATURAL RESOURCES CO reported quarterly revenue of $839.0 million and a net loss of $449.0 million for the period ended 2020-06-30.
5 Aug 2020securities registration● Neutral
PIONEER NATURAL RESOURCES CO filed an automatic shelf registration, effective immediately as a well-known seasoned issuer.
4 Aug 2020quarterly activities report▼ Bad
Pioneer filed an 8-K saying it had issued a news release on August 4, 2020. The release covered second-quarter 2020 financial and operating results, an operations update and an outlook.
22 July 2020quarterly activities report▼ Bad
Pioneer said it expected a noncash derivative loss of $464 million for the quarter ended June 30, 2020. It also expected average realized prices of $23.16 per barrel of oil, $12.65 per barrel of NGLs and $1.43 per thousand cubic feet of gas.
9 June 2020director interest notice● Neutral
PIONEER NATURAL RESOURCES CO EVP, Field Development & Emerg Chris J Cheatwood sold 7,000 shares at $115.66.
9 June 2020director interest notice● Neutral
PIONEER NATURAL RESOURCES CO VP, Business Development Christopher M. Paulsen sold 900 shares at $109.70.
9 June 2020director interest notice● Neutral
PIONEER NATURAL RESOURCES CO EVP, Operations Jerome D Hall Jr. sold 2,500 shares at $109.16.
9 June 2020director interest notice● Neutral
PIONEER NATURAL RESOURCES CO VP, Production Operations Craig A. Kuiper sold 4,362 shares at $113.09.
9 June 2020director interest notice● Neutral
PIONEER NATURAL RESOURCES CO VP & CAO Margaret Montemayor sold 1,628 shares at $109.92.
9 June 2020director interest notice● Neutral
PIONEER NATURAL RESOURCES CO VP, Drilling Bonnie S. Black sold 2,400 shares at $110.54.
9 June 2020director interest notice● Neutral
PIONEER NATURAL RESOURCES CO EVP, Corporate Operations Mark Stephen Berg sold 3,700 shares.
9 June 2020director interest notice● Neutral
PIONEER NATURAL RESOURCES CO VP & Chief Information Officer Stephanie D Stewart sold 600 shares at $110.13.
26 May 2020director interest notice● Neutral
PIONEER NATURAL RESOURCES CO insider Phoebe A Wood received 2,931 shares as part of the equity award.
26 May 2020director interest notice● Neutral
PIONEER NATURAL RESOURCES CO insider Edison C Buchanan received 2,748 shares as part of the equity award.
26 May 2020director interest notice● Neutral
PIONEER NATURAL RESOURCES CO insider Phillip A Gobe received 2,748 shares as part of the equity award.
26 May 2020director interest notice● Neutral
PIONEER NATURAL RESOURCES CO insider Michael D Wortley received 2,748 shares as part of the equity award.
26 May 2020director interest notice● Neutral
PIONEER NATURAL RESOURCES CO insider Mona Sutphen received 2,931 shares as part of the equity award.
26 May 2020director interest notice● Neutral
PIONEER NATURAL RESOURCES CO insider Frank A Risch received 2,748 shares as part of the equity award.
26 May 2020director interest notice● Neutral
PIONEER NATURAL RESOURCES CO insider Royce Mitchell received 2,931 shares as part of the equity award.
26 May 2020director interest notice● Neutral
PIONEER NATURAL RESOURCES CO insider Stacy P. Methvin received 2,931 shares as part of the equity award.
26 May 2020director interest notice● Neutral
PIONEER NATURAL RESOURCES CO insider J Kenneth Thompson received 3,970 shares as part of the equity award.
26 May 2020director interest notice● Neutral
PIONEER NATURAL RESOURCES CO insider Andrew F. Cates received 2,748 shares as part of the equity award.