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Pioneer Natural Resources Company, headquartered in Irving, Texas, was a company engaged in hydrocarbon exploration. It operated in the Cline Shale, which is part of the Spraberry Trend of the Permian Basin, where the company was the largest acreage holder. [1] In May 2024, the company was acquired by ExxonMobil.
Exxon Mobil is laying off nearly 400 employees in Texas after a recent merger with fellow oil and gas company Pioneer Natural. ... 777 Hidden Ridge in Irving - 376 employees total. 103 employees ...
Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ago, creating a colossal fracking operator in ...
ExxonMobil ()'s near-$60 billion acquisition of Pioneer Natural Resources highlights Big Oil's continued appetite for shale producers.The deal, announced earlier this week, will make the oil giant ...
Pioneer's stock was trading 6.8 percent lower at $145.71 around midday on Tuesday after Sheffield said he did not expect a wave of consolidation in the industry. Shale producer Pioneer Natural ...
Pioneer's fourth multi-billion shale deal this year comes as investors in the shale patch have called on producers to focus on cash flow and shareholder returns, rather than spending to grow, as ...
Pioneer's hedging losses totaled $2.02 billion for the nine months ended Sept. 30, the filing showed. UPDATE 1-Pioneer Natural Resources lost $501 million on hedging in third quarter -filing Skip ...
Pioneer Natural Resources (NYS: PXD) reported earnings on Feb. 6. Here are the numbers you need to know. The 10-second takeawayFor the quarter ended Dec. 31 (Q4), Pioneer Natural Resources met ...