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Pioneer Natural Resources was created in 1997 by the merger of Parker & Parsley Petroleum Company and MESA Inc., owned by Thomas Boone Pickens. [2] In May 2016, CEO and chairman Scott D. Sheffield was succeeded by Timothy Dove. Sheffield returned to the roles in 2019 after Dove's retirement. [3] [4] In January 2024, Richard P. Dealy was named ...
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 ...
Exxon Mobil's $60 billion deal to buy Pioneer Natural Resources on Thursday received clearance from the Federal Trade Commission, but the former CEO of Pioneer was barred from joining the new ...
During the COVID pandemic, Sheffield petitioned the Texas Railroad Commission to curtail oil production in order to raise oil prices. [12]In May 2024, during its antitrust review of ExxonMobil's acquisition of Pioneer Natural Resources, the Federal Trade Commission (FTC) alleged that Scott Sheffield had illegally colluded with OPEC and OPEC+, a related cartel of oil-producing countries, to ...
ExxonMobil is buying Pioneer Natural Resources, resulting in a $59.5 billion all-stock transaction and boosting its fracking capabilities. It will be the largest acquisition for the fossil fuel ...
Former CEO of Pioneer Natural Resources: Timothy L. Dove (born 1956/57) is the former chief executive officer of Pioneer Natural Resources. Early life and education
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 ...
Exxon Mobil's third-quarter profit beat analysts' expectations, as the oil and gas giant was helped by contributions from Pioneer Natural Resources, a recent acquisition. Exxon earned $8.6 billion ...