Exxon Doesn’t Need Luck for Pioneer Deal to Be a Winner

Exxon Mobil has a mixed record on megadeals, but buying Pioneer is no Wildcatter move

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It has been a hellish week for energy investors. Exxon Mobil just gave them a reason to smile.This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

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