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May 3, 2024 · The merger of ExxonMobil and Pioneer creates an Unconventional business with the largest, high-return development potential in the Permian Basin. The combined company’s more than 1.4 million net acres in the Delaware and Midland basins have an estimated 16 billion barrels of oil equivalent resource.
Pioneer Natural Resources is now part of ExxonMobil. Please visit ExxonMobil.com for more information and future updates. For more information about ExxonMobil unconventional resources, click here.
Our annual report showcases our mission to be America's leading independent energy company, focused on creating value for our shareholders in a safe and environmentally responsible manner.
May 3, 2024 · SPRING, Texas, May 03, 2024--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) today announced it has closed its acquisition of Pioneer Natural Resources Company (NYSE: PXD).
Pioneer Natural Resources Company, headquartered in Irving, Texas, was a company engaged in hydrocarbon exploration. It operated in the Cline Shale, which is part of the Spraberry Trend of the Permian Basin, where the company was the largest acreage holder. [1] In May 2024, the company was acquired by ExxonMobil .
Feb 22, 2024 · Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today reported financial and operating results for the quarter and year ended December 31, 2023. Pioneer reported fourth quarter net income attributable to common shareholders of $1.3 billion, or $5.28 per diluted share.
Feb 22, 2023 · DALLAS--(BUSINESS WIRE)--Feb. 22, 2023-- Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today reported financial and operating results for the quarter and year ended December 31, 2022. Pioneer reported fourth quarter net income attributable to common stockholders of $1.5 billion, or $5.98 per diluted share. These ...
Pioneer Natural Resources is a leading independent natural resources company shaping the future of energy. We produce low-cost and low-carbon-intensity oil and natural gas from Texas’...
Oct 11, 2023 · Exxon Mobil Corp.’s $59.5 billion acquisition of Pioneer Natural Resources Co., the biggest US energy deal in decades, is poised to usher in a new era of industry-shifting takeovers.
Pioneer Natural Resources is a leading independent natural resources company shaping the future of energy. We produce low-cost and low-carbon-intensity oil and natural gas from Texas’...
