Pioneer Natural Resources Stock News

ExxonMobil (XOM) agreed to buy shale driller Pioneer Natural Resources (PXD) in an all-stock deal for $59.5 billion or $253 per share, the companies jointly announced on Wednesday.

Exxon Mobile Corp. CEO Darren Woods and Pioneer Natural Resources CEO Scott Sheffield explain why the two companies agreed to combine in a deal valued at $59.5 billion. Speaking with Alix Steel on "Bl

In a widely-expected announcement, oil giant Exxon Mobil (XOM) announced it was buying Pioneer Natural Resources (PXD) for $253 per share, or about $59.5 billion. It's Exxon's largest deal since the l

Pioneer Natural Resources Inc (NYSE: PXD) is in focus this morning after Exxon Mobil Corp (NYSE: XOM) confirmed plans of buying the hydrocarbon exploration giant for $59.5 billion in stock. Exxon CEO

Stocks are up today as investors are hopeful that the Federal Reserve is finally done with interest rate increases. This is despite wholesale inflation increasing by 2.2% year-over-year in September.

FANG, CTRA and PR could see heightened interest following ExxonMobil-Pioneer deal as assets in the Permian Basin remain attractive investment opportunities.

Petrie Partners, a boutique advisory firm known to few outside the energy industry, advised on Pioneer Natural Resources Co's $60 billion sale to Exxon Mobil , this year's biggest deal, alongside majo

Exxon Mobil is looking to expand its gas production in Texas with a massive $60 billion merger.

Exxon Mobil Corp.'s plan to buy Pioneer Natural Resources Co. for $64.5 billion including debt ranks as the largest merger announced thus far in 2023, which has been a lackluster year for deal making.

Shareholders of Pioneer Natural Resources will receive 2.3234 shares of ExxonMobil for each Pioneer share they own at closing, Exxon said in a statement.

The oil and gas giant says it will “more than double” its Permian production volume to “1.3 million barrels of oil equivalent per day” after the acquisition. The U.S. oil and gas giant ExxonMo

Exxon Mobil Corp. agreed to buy Pioneer Natural Resources Co. for $59.5 billion in an all-stock deal, the supermajor's biggest acquisition since merging with Mobil Corp. in 1999. Alix Steel reports on

Pioneer Natural Resources (NYSE: PXD ) stock is on the rise Wednesday after agreeing to a $60 billion acquisition deal with Exxon Mobil (NYSE: XOM ). That deal has Exxon Mobile agreeing to acquire sha

"If Iran enters the war, we're going to see much higher oil prices, obviously," Sheffield said on CNBC's "Squawk Box" Wednesday.

ExxonMobil has agreed to buy Pioneer Natural Resources, a major shale oil producer in the deal that will more than double Exxon's footprint in the Permian Basin in the Southwest United States.