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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. Royalty Owners. Relationships are important to us, and we strive to provide our interest owners with a high level of service, communicating with you ...
May 3, 2024 · Transforms ExxonMobil’s upstream portfolio by more than doubling the company’s Permian footprint ; Combines Pioneer’s sizeable acreage, entrepreneurial culture and deep industry expertise with ExxonMobil’s balance-sheet strength, advanced technologies and industry-leading project development capabilities
May 3, 2024 · SPRING, Texas, May 03, 2024--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. In May 2024, the company was acquired by ExxonMobil.. As of December 31, 2022, the company had 2.376 billion barrels of oil equivalent (1. ...
Oct 11, 2023 · SPRING and IRVING, Texas – Exxon Mobil Corporation (NYSE: XOM) and Pioneer Natural Resources (NYSE: PXD) jointly announced a definitive agreement for ExxonMobil to acquire Pioneer. The merger is an all-stock transaction valued at $59.5 billion, or $253 per share, based on ExxonMobil’s closing price on October 5, 2023. Under the terms of the ...
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. These results include the effects of noncash mark-to-market adjustments and certain other unusual items.
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’ Permian ...
Aug. 1, 2023- Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today reported financial and operating results for the quarter ended June 30, 2023. Pioneer reported second quarter net income attributable to common stockholders of $1.1 billion, or $4.55 per diluted share. These results include the effects of noncash mark-to-market adjustments and certain other unusual ...
Company Description: Pioneer Natural Resources Company explores for, develops and produces oil, NGLs, and gas in the Midland Basin of West Texas. With about 260.9 million barrels of oil equivalent, this independent energy company is one the biggest energy producers in the Permian Basin. Pioneer's production comes mostly from its Spraberry ...
May 2, 2024 · The Federal Trade Commission took action to resolve antitrust concerns surrounding Exxon Mobil Corporation’s (Exxon) $64.5 billion acquisition of oil producer Pioneer Natural Resources by approving a consent order that prevents founder and former Pioneer CEO Scott Sheffield from gaining a seat on Exxon’s board of directors or serving in an advisory capacity at Exxon once it acquires Pioneer.
