Exxon Mobil's Megadeal: Acquiring Pioneer Natural Resources to Secure Future Growth

1 min read
Source: Barron's
Exxon Mobil's Megadeal: Acquiring Pioneer Natural Resources to Secure Future Growth
Photo: Barron's
TL;DR Summary

Exxon is on the verge of acquiring Pioneer Natural Resources, a shale driller, in a significant deal, coinciding with a surge in oil prices due to rising global demand and supply restrictions.

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