Exxon Mobil Could Announce Huge Permian Shale Deal As Soon As Wednesday
Exxon Mobil reportedly is on the cusp of paying more than $58 billion or $250 a share for Pioneer Natural Resources, a Permian Shale giant.
Analysis: Exxon Mobil's megadeal to test climate-aware shareholders
Exxon Mobil's $60 billion bid for Pioneer Natural Resources would expand the top U.S. oil producer's footprint in the country's biggest oilfield, raising questions for shareholders over its transit...
Exxon investors ready to embrace buying existing oil over new drilling
Exxon Mobil's investors now prefer the company use its share price and financial might to acquire existing oil and gas production rather than spend on drilling that could take years to pay off.
These oil stocks are looking cheap as Exxon Mobil reportedly mulls a bid for Pioneer
Pioneer Natural Resources is in play, with the Wall Street Journal reporting that Exxon Mobil is close to making a bid to buy out its smaller competitor. So that raises the question: which other oi...
Exxon, shale producer Pioneer in talks for blockbuster $60B deal: sources
The acquisition would be Exxon's biggest since its $81B deal for Mobil in 1998 and would expand its footprint in one of the most lucrative regions of the US oil patch.
ExxonMobil (XOM) Considers Pioneer Shale Driller Acquisition
The acquisition will offer ExxonMobil (XOM) a leading position in the Permian Basin, an area crucial to its growth plans.
Shale driller's shares soar on reports of possible Exxon takeover and other stocks on the move
Shares in Pioneer Natural Resources PXD, -0.17% soared by 10% following a report in the Wall Street Journal that Exxon Mobil is closing in on a deal to buy the Texan shale driller for about $60 bil...
Exxon Mobil reportedly closing in on largest takeover in decades
Exxon Mobil Corporation (NYSE:XOM) is reported to be close to snapping up the third-largest US shale producer, Pioneer Natural Resources (NYSE:PXD) for US$60 billion. Talks were reported to be at a...
Exxon Said to Be Near Deal for Pioneer
Exxon Mobile Corp is said to be in talks to acquire shale-focused Pioneer Natural Resources Co., according to a person familiar with the matter. Harry Brumpton reports on Bloomberg Television.
Exxon Mobil in advanced talks for $60 bln acquisition of Pioneer-sources
Exxon Mobil is in advanced talks to acquire Pioneer Natural Resources in a deal that could value the Permian shale basin producer in the region of $60 billion, people familiar with the matter said ...
Exxon Mobil Closing in On Megadeal With Shale Driller Pioneer
A deal could be sealed in the coming days, assuming the talks don't hit a last-minute snag, people familiar with the matter said.
ExxonMobil Says Q3 Earnings Were Boosted By Higher Prices, Better Margins
Rising crude oil prices added as much as $1.3 billion to ExxonMobil's (XOM) third-quarter earnings compared to the previous quarter, while improved industry margins boosted earnings from refining b...
This Is Why Exxon Is So Happy About the Permian Basin
ExxonMobil has a large position in the Permian basin. The company is known for operational excellence.
Vietnam sees no gas from Exxon, Gazprom projects for years -draft govt document
Vietnam expects further years-long delays before offshore blocks being developed by U.S. major Exxon Mobil and Russia's Gazprom will be producing gas, according to a draft government document seen ...
Exxon Mobil paints rosy 3Q earnings picture based on higher oil and gas prices
Exxon Mobil Corporation (NYSE:XOM) expects its third-quarter operating profit to be lifted by increases in oil, gas and fuel, according to a securities filing posted after the bell Wednesday. The ...
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