Exxon in advanced talks for $60 billion acquisition of Pioneer - sources | Business Information & News | Westlaw

Exxon in advanced talks for $60 billion acquisition of Pioneer - sources | Business Information & News | Westlaw

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10/6/23 REUTERS 01:15:20
REUTERS
Copyright (c) 2023 Thomson Reuters
October 6, 2023
Exxon in advanced talks for $60 billion acquisition of Pioneer - sources
Sabrina Valle; Houston
Sabrina Valle
Lincoln Feast
Greg Roumeliotis
Anirban Sen
Kim Coghill
David French
Anirban Sen; New York
(Reuters) -Exxon Mobil is in advanced talks to acquire Pioneer Natural Resources in a deal that could value the Permian shale basin producer at about $60 billion, people familiar with the matter said on Thursday.
The acquisition would be Exxon's...
---- Index References ----
Company: PDC ENERGY, INC.; CONOCOPHILLIPS; SMEAD CAPITAL MANAGEMENT, INC.; PARSLEY ENERGY, L.P.; PIONEER NATURAL RESOURCES COMPANY; CHEVRON CORPORATION; DOUBLEPOINT ENERGY, LLC; EXXON MOBIL CORPORATION
News Subject: (Major Corporations (1MA93))
Industry: (Americas Crude Oil (1AM35); Crude Oil (1CR88); Energy & Fuel (1EN13); Gas (1GA99); Oil & Gas (1OI76); Oil Production (1OI71); U.S. Crude Oil (1US90); Upstream Gas (1UP12); Upstream Oil (1UP67))
Region: (Americas (1AM92); North America (1NO39); Texas (1TE14); U.S. Southwest Region (1SO89); USA (1US73))
Language: EN
Other Indexing: (White House; PDC Energy Inc; ConocoPhillips; Smead Capital Management; Parsley Energy; Pioneer Natural Resources; Chevron Corp; DoublePoint Energy; Exxon Mobil)
Keywords: ma; energy
Word Count: 528
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