Institutional investors purchased a net $1.1 million shares of PXP during the quarter ended December 2012 and now own 91.52% of the total shares outstanding. This majority interest is a greater percentage than is typical for companies in the Oil & Gas Production industry and highlights that the smart money sees this stock as an important holding.
| Individual stakeholders | 7.05% |
| Other institutional | 60.44% |
| Mutual fund holders | 31.08% |