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ExxonMobil and Pioneer's $60 billion merger will ... The Pioneer acquisition is Exxon's largest since it merged with Mobil back in 1999. ... Ines Ferre is a senior business reporter for Yahoo Finance.
ExxonMobil (NYSE: XOM) closed its roughly $60 billion megadeal for Pioneer Natural Resources in May. The transformational transaction will double its footprint in the resource-rich Permian Basin.
This is really breaking new ground," Patrick Howarth, lithium global business manager at ExxonMobil, told Yahoo Finance. On Tuesday ExxonMobil announced it will drill its first lithium well in ...
ExxonMobil Chemical is a petrochemical company that was created by merging Exxon's and Mobil's chemical industries in 1999. Its principal products include basic olefins and aromatics, ethylene glycol, polyethylene, and polypropylene along with speciality lines such as elastomers, plasticizers, solvents, process fluids, oxo alcohols and adhesive ...
September 10, 2024 at 1:46 PM. Shares of ExxonMobil (NYSE: XOM) were falling this morning and were down 3.1% as of 11:50 a.m. ET Tuesday, wiping out all of their gains and some from the previous ...
Pioneer Natural Resources Company, headquartered in Irving, Texas, was a company engaged in hydrocarbon exploration. It operated in the Cline Shale, which is part of the Spraberry Trend of the Permian Basin, where the company was the largest acreage holder. [ 1 ] In May 2024, the company was acquired by ExxonMobil.
May 29, 2024 at 3:00 PM. Most Exxon Mobil (XOM) stockholders sided Wednesday with the company in its feud with activist investors and the nation's biggest public pension fund, voting to retain CEO ...
In May 2024, during its antitrust review of ExxonMobil's acquisition of Pioneer Natural Resources, the Federal Trade Commission (FTC) alleged that Scott Sheffield had illegally colluded with OPEC and OPEC+, a related cartel of oil-producing countries, to raise oil prices at the expense of U.S. households and businesses. [14]
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