Agreement is Exxon’s largest since its merger with Mobil in the late 1990s
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https://www.wsj.com/business/energy-oil/exxon-buys-pioneer-in-60-billion-deal-to-create-shale-giant-207c168bExxon is making a big bet on U.S. oil production, the demand for which it believes will linger for decades.Exxon Mobil 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 giant’s future to fossil fuels.This copy is for your personal, non-commercial use only.
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Exxon Mobil agrees to buy Pioneer Natural Resources for nearly $60 billion in all-stock mergerThis is breaking news. Please check back for updates.
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Exxon Mobil to buy Pioneer Natural Resources in $59.5 billion all-stock dealExxon to pay the equivalent of $253 for each Pioneer share outstanding
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Exxon Mobil agrees to buy Pioneer Natural Resources for nearly $60 billion in all-stock mergerExxon Mobil said Wednesday it agreed to buy shale rival Pioneer Natural Resources for $59.5 billion in an all-stock deal.
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Exxon Mobil to Buy Pioneer in Biggest Oil Merger in YearsExxon will pay $59.5 billion, all in stock. It’s Exxon’s biggest acquisition since its merger with Mobil in 1999.
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Exxon, Pioneer deal is 'home run' for Exxon‘Reasonable’ price for premium acreage in the Permian
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Exxon Mobil buying buys Pioneer Natural in $59.5 billion deal with energy prices surgingExxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, making it one of the oil giant’s biggest transactions ever. The transaction’s value, including debt, is about $64.5 billion. Pioneer shareholders will receive 2.3234 shares of ExxonMobil for each Pioneer share.
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