Exxon in talks to pay over $250 per share for Pioneer

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Exxon in talks to pay over $250 per share for Pioneer
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Exxon in talks to pay over $250 per share for Pioneer

© Reuters. FILE PHOTO: ExxonMobil and Pioneer Natural Resources logos are seen in this illustration taken, October 8, 2023. REUTERS/Dado Ruvic/Illustration/File PhotoBloomberg News reported about the deal earlier. Pioneer and Exxon did not immediately respond to a Reuters request for comment.

Pioneer, which closed at $237.41 on Tuesday at a market valuation of about $55.35 billion, is the third-largest oil producer in the Permian basin afterWe encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: Include punctuation and upper and lower cases.

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