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11.10.2023 04:50:19
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Exxon Mobile In Talks To Buy Pioneer Natural Resources For More Than $250/shr : Report
(RTTNews) - Exxon Mobil (XOM) is in talks to buy Pioneer Natural Resources Co (PXD) for more than $250 per share, Bloomberg reported on Tuesday citing people familiar with the matter.
An all-stock deal could be announced as soon as Wednesday, the report said. At the $250 per share price, Pioneer Natural would be valued at more than $58 billion.
Exxon Mobil's biggest acquisition since merging with Mobil Corp. in 1999 would make it a top producer in the US oil basin. A combined company will have an output of about 1.2 million barrels a day.
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Nachrichten zu ExxonMobil Corp. (Exxon Mobil)mehr Nachrichten
Analysen zu ExxonMobil Corp. (Exxon Mobil)mehr Analysen
| 06.12.23 | ExxonMobil Overweight | JP Morgan Chase & Co. | |
| 06.12.23 | ExxonMobil Buy | UBS AG |
Aktien in diesem Artikel
| ExxonMobil Corp. (Exxon Mobil) | 101,30 | -1,25% |
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| Pioneer Natural Resources Co. | 256,25 | 2,11% |
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