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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'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 ...
Thomas Boone Pickens Jr. (May 22, 1928 – September 11, 2019) was an American business magnate and financier. Pickens chaired the hedge fund BP Capital Management. He was a well-known takeover operator and corporate raider during the 1980s.
The article Pioneer Natural Resources to Participate in the Goldman Sachs Global Energy Conference originally appeared on Fool.com. Try any of our Foolish newsletter services free for 30 days .
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 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 ...
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