Pioneer Natural Resources is an oil and gas company that originated from humble roots in West Texas. Founded by Howard Parker and Joe Parsley, the company prides itself on honesty, steadiness, and sweat equity. It is known for making smart decisions, conservative hedges, and shrewd deals, with a focus on loyalty to its legacy wells in the Permian Basin. The company merged with MESA Inc. to form Pioneer Natural Resources, maintaining a people-first approach in the oil business.