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Exxon Acquires Pioneer Natural Resources for $60 Billion

The acquisition of Pioneer Natural Resources, Exxon’s largest since its merger with Mobil in 1999, increases the company’s presence in the Permian basin in Texas and New Mexico.

Clifford Krauss
Author: Clifford Krauss

Written by

Clifford Krauss

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Carbon Dioxide, Exxon Mobil Corp, Global Warming, Greenhouse Gas Emissions, Guyana, International Trade and World Market, Mergers, Acquisitions and Divestitures, Natural Gas, New Mexico, Oil (Petroleum) and Gasoline, Pioneer Natural Resources Company, Prices (Fares, Fees and Rates), Production, Shale, Stocks and Bonds, Texas
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