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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 ...
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 deal with Pioneer gets FTC nod, but former Pioneer CEO Scott Sheffield barred from board 05/02/2024 18:35 -0400 WASHINGTON (AP) — 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 company's ...
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 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 ...
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 ...
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 ...
The deal with Pioneer Natural vastly expands Exxon’s presence in the Permian Basin. That same month, Chevron said that it was buying Hess Corp. for $53 billion.