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Exxon Buys Pioneer for $60 Billion to Create Shale Giant
The deal is Exxon’s largest since its merger with Mobil in the late 1990s and is the biggest corporate transaction so far this year. Source
The Oil Patch Is Primed for an Era of Megadeals
A tie-up between Exxon and Pioneer would put pressure on Chevron and other rivals to pursue deals of their own. Source link
Shale Industry Is Dropping Drilling Rigs, Fast
Smaller fracking companies are feeling the pinch of inflation, lower oil and gas prices, and fewer prime drilling spots. Source link
JPMorgan, Delta, Amazon: Stocks That Defined the Week
Markets Stocks Here are seven major companies whose stocks moved on the week’s news Source link
Exxon Deal Hunt Signals Possible Shale M&A Wave
A transaction involving Pioneer Natural Resources would indicate that drillers are looking to put their large war chests of cash to work. Source link
ExxonMobil: Eyes on the Permian Prize
ExxonMobil was once known for exploring for oil in all sorts of exotic places, but right now its own back yard is looking like the
Exxon Mobil Eyes Potential Megadeal With Shale Driller Pioneer
WSJ News Exclusive Business Oil-and-gas giant has held informal, early-stage talks to buy the $49 billion-market cap Pioneer Natural Resources Source link
Exxon Mobil, Johnson & Johnson, Alphabet: Stocks That Defined the Week
Markets Stocks Here are seven major companies whose stocks moved on the week’s news Source link