Exxon, already America’s biggest oil company, reached a deal in October to buy rival Pioneer Natural Resources for $60 billion ... “For all those who seek even greater US energy independence and for lower emissions, this merger represents nothing ...

Chuck Schumer and Elizabeth Warren want FTC to probe blockbuster Exxon and Chevron mergers

Senate Majority Leader Chuck Schumer (D-N.Y.) and 22 other Democratic senators sent a letter to Federal Trade Commission (FTC) Chair Lina Khan Wednesday demanding an investigation of two major proposed oil industry ... of Pioneer Natural Resources and ...

Schumer leads 23 senators in demanding FTC probe of oil industry mergers

Exxon proposed buying Pioneer Natural Resources for $60 billion and Chevron agreed to acquire Hess for $53 billion. The deals would hurt Exxon's and Chevron's midstream competitors, said the signatories of the letter,

US Senator Schumer, other senators urge FTC to probe Exxon, Chevron mega-deals

U.S. Senate Majority Leader Charles Schumer on Wednesday urged the U.S. Federal Trade Commission to consider possible

US Senator Schumer urges FTC to probe Exxon, Chevron mega-deals

ExxonMobil (NYSE: XOM) made waves by announcing an all-stock merger with Pioneer Natural Resources (NYSE: PXD), valuing Pioneer at $59.5 billion. Just 12 days later, Chevron (NYSE: CVX) followed suit with its $53 billion all-stock merger with Hess (NYSE: HES).

ExxonMobil and Chevron Are Betting Big on Fossil Fuels. Should You?

U.S. oil majors Exxon Mobil and Chevron are good at squeezing ... Exxon just acquired some of the best acreage in the prolific Permian Basin, paying a 9% premium on Pioneer Natural Resources’ 30-day volume-weighted average price as of Oct. 5.

Why Exxon and Chevron’s Deals Leave Investors Cold

Exxon Mobil disappointed Wall Street with its earnings results, but dividend collectors and value seekers should still consider XOM stock.More From InvestorPlace Musk’s “Project Omega” May Be Set to Mint New Millionaires.

XOM Stock Buy Alert: Jump On This Generational Energy Opportunity

Speculation that another large US acquisition is likely has fuelled expectations that merger fever could also cross the pond

Oil megamerger mania dials up pressure on those yet to splash the cash

Exxon Mobil has fine-tuned a cube development strategy on its lower-quality Midland Basin acreage. The supermajor sees nothing but upside from deploying its strategy on Pioneer Natural Resources’ premier Midland position.

Exxon Seeks Drilling Efficiencies, Lower Costs on Pioneer’s Midland Acreage

The Texas Energy Fund would be funded through $10 billion taken from the general revenue fund, the state's primary source of funding from taxes and fees. Of that, $5 billion would be from general revenue from this year's legislative session, and the other half would come from general revenue in the next legislative session in 2025.

Texas voters could create $10B fund for loans, grants to natural gas plants, microgrids: What to know

Pioneer Natural Resources

Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company explores for, develops, and produces oil, natural gas liquids (NGLs), and gas. It has operations primarily in the Permian Basin in West Texas. As of December 31, 2019, the company had proved undeveloped reserves and proved developed non-producing reserves of 39 million barrels of oil, 16 million barrels of NGLs, and 83 billion cubic feet of gas; and owned interests in 11 gas processing plants. Pioneer Natural Resources Company was founded in 1997 and is headquartered in Irving, Texas.

PIONEER NATURAL RESOURCES

pxd.com

employees

Since 1997

COMPANY RANKING

PIONEER NATURAL RESOURCES

EVERGREEN INDEX #374

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PIONEER NATURAL RESOURCES

pxd.com

employees

Since 1997

COMPANY RANKING

PIONEER NATURAL RESOURCES

EVERGREEN INDEX #374

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