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PXD / Pioneer Natural Resources shares climb on Exxon takeover talk rumors

Pioneer Natural Resources shares climb on Exxon takeover talk rumors
Pioneer Natural Resources (NYSE:PXD) shares rose more than 7% in early trading on Monday after the Wall Street Journal reported that Exxon Mobil Corp has held preliminary talks to acquire Pioneer, a West-Texas based driller that owns numerous oil reserves in a key shale region in the US. Pioneer, with a market cap of about $49 billion, would be Exxon's biggest acquisition since merging with Mobil Corp in 1999, and would give the oil giant a dominant position in the oil-rich Permian Basin of West Texas and New Mexico, a region that Exxon previously announced is an important part of its growth plans. Read More
Posted: Apr 10 2023, 09:49
Author Name: Proactive Investors
Views: 101965

PXD News  

Pioneer (PXD) Beats Q3 Earnings Estimates, Hikes Dividend

By Zacks Investment Research
November 3, 2023

Pioneer (PXD) Beats Q3 Earnings Estimates, Hikes Dividend

Higher oil-equivalent production volumes and lower expenses aid Pioneer's (PXD) earnings in Q3. more_horizontal

Here's What Key Metrics Tell Us About Pioneer Natural Resources (PXD) Q3 Earnings

By Zacks Investment Research
November 2, 2023

Here's What Key Metrics Tell Us About Pioneer Natural Resources (PXD) Q3 Earnings

The headline numbers for Pioneer Natural Resources (PXD) give insight into how the company performed in the quarter ended September 2023, but it may b more_horizontal

Will Pioneer Natural's (PXD) Upstream Business Aid Q3 Earnings?

By Zacks Investment Research
October 30, 2023

Will Pioneer Natural's (PXD) Upstream Business Aid Q3 Earnings?

Since Pioneer Natural (PXD) is a leading upstream energy firm, the favorable oil price is likely to have aided Q3 earnings. more_horizontal

Is a Beat in Store for Pioneer Natural (PXD) in Q3 Earnings?

By Zacks Investment Research
October 27, 2023

Is a Beat in Store for Pioneer Natural (PXD) in Q3 Earnings?

Favorable commodity prices and production are likely to have aided Pioneer Natural???s (PXD) upstream activities in Q3. more_horizontal

Why the Market Dipped But Pioneer Natural Resources (PXD) Gained Today

By Zacks Investment Research
October 25, 2023

Why the Market Dipped But Pioneer Natural Resources (PXD) Gained Today

In the most recent trading session, Pioneer Natural Resources (PXD) closed at $245.16, indicating a +0.09% shift from the previous trading day. more_horizontal

ExxonMobil Plus Pioneer Are Shaping The Energy Transition

By Forbes
October 24, 2023

ExxonMobil Plus Pioneer Are Shaping The Energy Transition

A vision for emissions, CCS, and hydrogen are making the company an indispensable influence-shaper for the oilfield as well as climate projects. more_horizontal

Another Mega-Merger, But ExxonMobil Plus Pioneer Will Be The Influence-Shaper For Oil As Well As Climate

By Forbes
October 23, 2023

Another Mega-Merger, But ExxonMobil Plus Pioneer Will Be The Influence-Shaper For Oil As Well As Climate

The Permian basin may become a blueprint for a high-performance supply chain from upstream drilling to LNG and petrochemical products. more_horizontal

Why the Market Dipped But Pioneer Natural Resources (PXD) Gained Today

By Zacks Investment Research
October 18, 2023

Why the Market Dipped But Pioneer Natural Resources (PXD) Gained Today

In the closing of the recent trading day, Pioneer Natural Resources (PXD) stood at $255.23, denoting a +1.35% change from the preceding trading day. more_horizontal


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