NYSE:PXD - New York Stock Exchange, Inc. - US7237871071 - Common Stock - Currency: USD
Exxon Mobil Corp. plans to lay off 397 employees from Pioneer Natural Resources Co. after purchasing the Permian Basin operator for $63 billion earlier this year.
Mentions: XOM
Exxon Mobil Corp. and Chevron Corp. capped Big Oil earnings season by revealing blockbuster increases in fossil fuel production — just as OPEC and its allies are preparing to increase the supply of crude into the global market.
Exxon Mobil Corp. is looking to sell a package of conventional oil assets in the Permian Basin as the company focuses on growing shale production after buying Pioneer Natural Resources Co. earlier this year.
Mentions: XOM
A US Senate committee is investigating whether oil producers are illegally coordinating with OPEC to raise prices, following allegations that the former head of Pioneer Natural Resources Co. colluded with the cartel.
Scott Sheffield, the former head of Pioneer Natural Resources Co., has hired a powerful Washington, DC lobbying firm after the US Federal Trade Commission said he tried to collude with OPEC.
With the earnings season now halfway through, the percentage of S&P 500 companies reporting positive earnings surprises and the magnitude of earnings surprises were above their 10-year averages.
The oil and gas giant has benefited from higher oil prices, and external factors could keep them high for longer.
We also talk about big oil and chat with Tom Chivers, author of "Everything Is Predictable: How Bayesian Statistics Explain Our World."
Exxon's takeover of Pioneer Natural Resources spurred the changes.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Pioneer Natural Resources (NYSE:PXD) just reported results for the first quarte...
PXD stock results show that Pioneer Natural Resources missed analyst estimates for earnings per share and missed on revenue for the first quarter of 2024.
The US Federal Trade Commission declined to challenge Exxon Mobil Corp.’s $60 billion purchase of Pioneer Natural Resources Co. but asserted that Scott Sheffield, Pioneer’s co-founder, must not take a seat on the supermajor’s board.
Mentions: XOM
The US Federal Trade Commission is poised to greenlight Exxon Mobil Corp.’s $60 billion purchase of Pioneer Natural Resources Co. after the companies agreed to minor concessions, according to people familiar with the matter.
Mentions: XOM
The Federal Trade Commission is set to decide whether to sue to block Exxon Mobil Corp.’s $60 billion acquisition of Pioneer Natural Resources Co. in coming days, according to people familiar with the matter.
Mentions: XOM
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