Pioneer Natural Resources controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2024
FTC allegations concerning coordination with OPEC
The FTC’s consent decree approving ExxonMobil’s acquisition addressed allegations that former Pioneer chief executive Scott D. Sheffield had colluded with OPEC to raise oil prices. Sheffield was barred from joining ExxonMobil’s board or serving as an adviser.
2024
Driver antitrust price-fixing lawsuit
Drivers in three states filed a proposed class action accusing Pioneer and seven other oil and gas producers of coordinating to constrain shale-oil production, allegedly increasing gasoline prices. The allegations were contested litigation claims rather than an established finding of liability.