ExxonMobil completes acquisition of Pioneer Natural Resources

May 3, 2024  · SPRING, Texas – Exxon Mobil Corporation (NYSE: XOM) today announced it has closed its acquisition of Pioneer Natural Resources Company (NYSE: PXD). Transforms …


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Exxon Mobil Completes $60 Billion Deal For Pioneer Natural

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May 3, 2024  · Exxon Mobil has closed its $60 billion purchase of Pioneer Natural Resources , the oil and gas producer said on Friday, a day after receiving a go-head from the U.S. Federal …

reuters.com

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Exxon Mobil Buying Pioneer Natural Resources For Nearly $60 …

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Oct 11, 2023  · Exxon Mobil will acquire Pioneer Natural Resources as part of an all-stock transaction valued at $59.5 billion, according to a joint statement Wednesday, the largest deal …

forbes.com

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Exxon Completes $60 Billion Pioneer Natural Resources ...

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May 3, 2024  · Exxon XOM -0.28% Mobil has completed its $60 billion acquisition of rival Pioneer Natural Resources after reaching an agreement with antitrust regulators, closing out the …

wsj.com

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Exxon Mobil Agrees To Buy Pioneer Natural Resources For Nearly …

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Oct 11, 2023  · Exxon Mobil said Wednesday it agreed to buy shale rival Pioneer Natural Resources for $59.5 billion in an all-stock deal, or $253 per share. As part of the agreement, …

cnbc.com

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Exxon Secures Lead In Top US Oilfield With $60 Billion Buy Of ...

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Oct 11, 2023  · Exxon Mobil agreed to buy U.S. rival Pioneer Natural Resources in an all-stock deal valued at $59.5 billion that would make it the biggest producer in the largest U.S. oilfield …

reuters.com

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ExxonMobil's $60 Billion Pioneer Deal Signals Era Of 'extreme ...

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Oct 15, 2023  · 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 …

yahoo.com

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Exxon Completes $60 Billion Pioneer Natural Resources …

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Exxon Mobil has completed its $60 billion acquisition of rival Pioneer Natural Resources after reaching an agreement with antitrust regulators, closing out the largest oil-and-gas deal in …

msn.com

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Exxon Mobil Reaches Agreement With FTC, Poised To Close $60 …

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May 1, 2024  · The Federal Trade Commission will wave through Exxon Mobil 's roughly $60 billion acquisition of Pioneer Natural Resources after reaching an agreement with the energy …

cnbc.com

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Exxon In Advanced Talks For $60 Billion Acquisition Of ...

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Oct 6, 2023  · Oct 5 (Reuters) - Exxon Mobil (XOM.N) is in advanced talks to acquire Pioneer Natural Resources (PXD.N) in a deal that could value the Permian shale basin producer at …

reuters.com

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Exxon Set To Win FTC Approval For $60 Billion Pioneer Deal

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May 1, 2024  · 3:06. The US Federal Trade Commission is poised to greenlight Exxon Mobil Corp. ’s $60 billion purchase of Pioneer Natural Resources Co. after the companies agreed that …

bloomberg.com

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ExxonMobil Agrees To Buy Shale Group Pioneer In $59.5bn Deal

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Oct 11, 2023  · ExxonMobil has agreed to buy Pioneer Natural Resources in a $59.5bn deal that is set to unleash a wave of consolidation in the US shale oil industry. The biggest western oil …

ft.com

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Exxon To Buy Pioneer In $60 Billion Deal To Create Shale Giant

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Oct 11, 2023  · Exxon Mobil XOM -0.28% struck a nearly $60 billion agreement Wednesday to buy Pioneer Natural Resources in the largest oil-and-gas deal in two decades, tying the energy …

wsj.com

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ExxonMobil Announces Third-Quarter 2024 Results

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Nov 1, 2024  · The company plans to repurchase over $19 billion of shares in 2024. ExxonMobil leads industry with total shareholder return of 20% year-to-date 3, ... Exxon Mobil Corporation …

exxonmobil.com

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Exxon To Sell Older Permian Assets To Hilcorp In $1 Billion Deal ...

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5 days ago  · Top U.S. oil producer Exxon Mobil Corp has agreed to sell conventional oil drilling assets in the Permian Basin of Texas and New Mexico to privately-owned Hilcorp Energy for …

reuters.com

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Exxon To Sell Older Permian Assets To Hilcorp In US$1 Billion Deal ...

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5 days ago  · Reuters reported in June that Exxon was auctioning the assets to focus on higher growth shale drilling properties, following the completion of its $60 billion takeover of Pioneer …

stabroeknews.com

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Hilcorp Bags $1B Permian Deal - OilPrice.com

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5 days ago  · This move aligns with Exxon’s aggressive shift toward higher-margin shale plays following its recent $60 billion acquisition of Pioneer Natural Resources. Exxon expects the …

oilprice.com

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ExxonMobil Announces Third-quarter 2024 Results

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SPRING, Texas – November 1, 2024 – Exxon Mobil Corporation today announced third-quarter 2024 earnings of $8.6 billion, or $1.92 per share assuming dilution. Cash flow from operating …

exxonmobil.com

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ExxonMobil Announces Third-Quarter 2024 Results - Nasdaq

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Nov 1, 2024  · Exxon Mobil Corporation today announced third-quarter 2024 earnings of $8.6 billion, or $1.92 per share assuming dilution. Cash flow from operating activities was $17.6 …

nasdaq.com

FAQs about ExxonMobil completes acquisition of Pioneer Natural Resources Coupon?

Will ExxonMobil buy Pioneer Natural Resources?

SPRING and IRVING, Texas – Exxon Mobil Corporation (NYSE: XOM) and Pioneer Natural Resources (NYSE: PXD) jointly announced a definitive agreement for ExxonMobil to acquire Pioneer. The merger is an all-stock transaction valued at $59.5 billion, or $253 per share, based on ExxonMobil’s closing price on October 5, 2023. ...

Will Exxon Mobil buy Pioneer gas?

Exxon Mobil is looking to expand its gas production in Texas with a massive $60 billion merger. Exxon will purchase Pioneer in a deal that values the company at $253 per share, netting Pioneer shareholders just over 2.32 shares of ExxonMobil for each Pioneer share at the deal’s closing, according to a joint statement. ...

How much ExxonMobil will pioneer shareholders receive?

Under the terms of the agreement, Pioneer shareholders will receive 2.3234 shares of ExxonMobil for each Pioneer share at closing. The implied total enterprise value of the transaction, including net debt, is approximately $64.5 billion. ...

Will FTC wave through Exxon Mobil acquisition of Pioneer Natural Resources?

A view of the Exxon Mobil refinery in Baytown, Texas. The Federal Trade Commission will wave through Exxon Mobil ’s roughly $60 billion acquisition of Pioneer Natural Resources after reaching an agreement with the energy giant, a source familiar with the matter told CNBC. ...

Is Exxon acquiring Pioneer Natural Resources a bet?

The acquisition of Pioneer Natural Resources, Exxon’s largest since its merger with Mobil in 1999, is a bet that U.S. energy policy will not move against fossil fuels in a major way. A Pioneer Natural Resources oil rig at the Permian Basin Petroleum Museum in Midland, Texas. Jacob Ford/Odessa American, via Associated Press ...

How will pioneer & ExxonMobil benefit the environment?

Combining Pioneer’s differentiated Permian inventory and basin knowledge with ExxonMobil’s proprietary technologies, financial resources, and industry-leading project development is expected to generate double-digit returns by recovering more resource, more efficiently and with a lower environmental impact. ...

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