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It’s Official: ExxonMobil to Acquire Pioneer Natural Resources for $59.5 Billion
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October 12, 2023–Researched by Industrial Info Resources (Sugar Land, Texas)–Exxon Mobil Corporation (NYSE:XOM) (Irving, Texas) has agreed to acquire Pioneer Natural Resources (NYSE:PXD) (Irving, Texas) in an all-stock deal worth $59.5 billion, the companies announced Wednesday. The deal will make ExxonMobil the largest oil and gas producer in the Permian Basin.
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