Shares of Pioneer Natural Resources surged more than 10 percent Friday following reports the shale producer is nearing a megadeal
Shares of Pioneer Natural Resources surged more than 10 percent Friday following reports the shale producer is nearing a megadeal to be acquired by ExxonMobil. The potential transaction, which would bolster ExxonMobil’s holdings in the Permian Basin in Texas and New Mexico, could be announced “in the coming days” and be worth $60 billion, reported […]
The post Pioneer shares rocket higher on ExxonMobil takeover reports appeared first on Insider Paper.
https://insiderpaper.com/pioneer-shares-rocket-higher-on-exxonmobil-takeover-reports/
Comments
0 comment