Tag: $Pioneer Natural Resourses

Exxon Mobil agrees to buy Pioneer Natural Resources for nearly $60 billion in all-stock merger

As part of the agreement, Pioneer stockholders will receive 2.3234 shares of Exxon for every Pioneer share they own.

Exxon in advanced talks for $60 billion acquisition of Pioneer, sources say

Oct 5 (Reuters) – Exxon Mobil (XOM.N) is in advanced talks to acquire Pioneer Natural Resources (PXD.N) in a deal that could value the Permian shale basin producer at about $60 billion, people familiar with the matter said on Thursday.