Pioneer Declares Dividend on Common Shares

Pioneer Natural Resources Co. on Tuesday said that its board declared a cash dividend of $0.13 per share on the company's outstanding common stock. The dividend is payable April 13, 2007, to stockholders of record at the close of business on March 30, 2007.

Pioneer is a large independent oil and gas exploration and production company, headquartered in Dallas, with operations in the United States, Canada, South Africa and Tunisia.