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.
Tag: Exxon Mobil Corp
-
Stocks and Bonds Have Taken Losses. Invest in Them Anyway.
Most people have lost money in the markets over the last several months, but people who have held on have prospered, our columnist says.
-
Exxon Mobil Reportedly Nears a Deal for Pioneer, a Shale Giant
Exxon Mobil is reportedly in talks to buy Pioneer Natural Resources, a major shale driller, in what would be the biggest takeover of the year.
-
California Sues Oil Giants, Claiming Decades of Deception
Launching one of the most prominent climate lawsuits in the nation, the state claims Exxon, Shell, BP and others misled the public and seeks creation of a special fund to pay for recovery.