Exxon Mobil, Pioneer Natural Resources On Cusp Of Mega Deal, Shares React
Benzinga
OCTOBER 6, 2023
oil sector, especially the lucrative Permian shale basin. Pioneer is currently the third-largest oil producer in the Permian basin behind Chevron Corporation (NYSE: CVX ) and ConocoPhillips (NYSE: COP ). The move sent shares of the target company, Pioneer Natural Resources Co (NYSE: PXD ), nearly 10% higher.
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