Scott D. Sheffield is an energy industry leader who played significant roles in the American shale revolution and lifting of the U.S. crude oil export ban. He currently serves as CEO of Pioneer Natural Resources, the company he helped found in 1997 and grew into what is today: the second-largest crude producer in Texas.
The son of an ARCO executive, Sheffield attended high school in Tehran, Iran. After graduating from the University of Texas, he began his career as a reservoir engineer with Amoco Production Co. In 1979, Sheffield became the fifth employee of Parker & Parsley Petroleum Co. in Midland, Texas. By 1985, he was CEO of Parker & Parsley and became its chairman in 1991.
Under Sheffield’s leadership, Parker & Parsley merged with MESA, Inc. in 1997 to form Pioneer Natural Resources Co. He became the company’s founding CEO and assumed the position of chairman of the board in August 1999. Sheffield retired from the company in 2016, but he returned as President and CEO in 2019, began serving as CEO in 2021 and continues to serve on the Board.
Sheffield also serves as a director of The Williams Companies, Inc., a provider of large-scale infrastructure for natural gas and natural gas products, on the advisory board of the Center for Global Energy Policy at Columbia University and on the Energy Council of CSL Capital Management, LLC, a private equity firm.
The Permian Basin Petroleum Association recently honored Sheffield as the recipient of its prestigious Top Hand award, which recognizes individuals who have demonstrated exceptional leadership within the oil and gas industry and the Permian Basin community.
He is also a 2013 inductee into the Permian Basin Petroleum Museum Hall of Fame, memorializing those whose achievements and outstanding contributions to the industry helped build the Permian Basin. Sheffield also received the Texas Oil & Gas Association’s Distinguished Service Award, the ADL’s Henry Cohn Humanitarian Award in Dallas, the National Multiple Sclerosis Society’s Hope Award in Midland and the Frank Pitts Award for Energy Leadership from SMU.
Sheffield is a distinguished graduate of the University of Texas with a Bachelor of Science in Petroleum Engineering.
What is Scott D. Sheffield's net worth?
The estimated net worth of Scott D. Sheffield is at least $120.55 million as of March 18th, 2024. Mr. Sheffield owns 447,112 shares of Pioneer Natural Resources stock worth more than $120,550,337 as of October 31st. This net worth approximation does not reflect any other investments that Mr. Sheffield may own. Learn More about Scott D. Sheffield's net worth.
How do I contact Scott D. Sheffield?
Has Scott D. Sheffield been buying or selling shares of Pioneer Natural Resources?
Scott D. Sheffield has not been actively trading shares of Pioneer Natural Resources during the last ninety days. Most recently, Scott D. Sheffield sold 7,500 shares of the business's stock in a transaction on Monday, March 18th. The shares were sold at an average price of $252.33, for a transaction totalling $1,892,475.00. Following the completion of the sale, the director now directly owns 447,112 shares of the company's stock, valued at $112,819,770.96. Learn More on Scott D. Sheffield's trading history.
Who are Pioneer Natural Resources' active insiders?
Pioneer Natural Resources' insider roster includes Mark Berg (EVP), Edison Buchanan (Director), Chris Cheatwood (EVP), Richard Dealy (COO), Maria Dreyfus (Director), Matthew Gallagher (Director), Phillip Gobe (Director), Larry Grillot (Director), Jerome Hall, Jr. (EVP), Mark Kleinman (EVP), Craig Kuiper (VP), Margaret Montemayor (CAO), Christopher Paulsen (VP), Frank Risch (Director), Neal Shah (CFO), Scott Sheffield (CEO), Stephanie Stewart (VP), Tyson Taylor (SVP), J. Thompson (Director), and Christopher Washburn (CAO). Learn More on Pioneer Natural Resources' active insiders.
Are insiders buying or selling shares of Pioneer Natural Resources?
In the last twelve months, insiders at the oil and gas development company sold shares 9 times. They sold a total of 47,398 shares worth more than $11,476,797.04. The most recent insider tranaction occured on March, 28th when CAO Christopher L Washburn sold 1,416 shares worth more than $369,505.20. Insiders at Pioneer Natural Resources own 0.6% of the company.
Learn More about insider trades at Pioneer Natural Resources. Information on this page was last updated on 3/28/2024.
