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Sat, 04 May 2024 13:45:00 +0000	Is ExxonMobil Stock a Buy? It took a long time, but ExxonMobil is finally trading at all-time highs.
Sat, 04 May 2024 07:30:00 +0000	FTC Sparks Debate: Can One Texas Oilman Move the Price of Crude? The regulator alleges Scott Sheffield attempted to collude with rivals and OPEC oil ministers to limit production.
Fri, 03 May 2024 23:05:00 +0000	Vistra Set to Join S&P 500; Aaon to Join S&P MidCap 400; Marathon Digital Holdings to Join S&P SmallCap 600 S&P MidCap 400 constituent Vistra Corp. (NYSE: VST) will replace Pioneer Natural Resources Co. (NYSE: PXD) in the S&P 500, S&P SmallCap 600 constituent Aaon Inc. (NASD: AAON) will replace Vistra in the S&P MidCap 400, and Marathon Digital Holdings Inc. (NASD: MARA) will replace Aaon in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, May 8. S&P 500 and S&P 100 constituent Exxon Mobil Corp. (NYSE: XOM) acquired Pioneer Natural Resources in a deal that closed today, Fri
Fri, 03 May 2024 21:38:01 +0000	Guyana Takes Exxon to Court Over Misstated Value of Equipment (Bloomberg) -- Guyana’s tax agency is taking Exxon Mobil Corp. to court after one of the company’s suppliers said it mistakenly inflated the value of oil-well equipment by 200 times to about $12 billion.Most Read from BloombergTruce Talks Shift to Qatar as Hamas Hits Israel Border CrossingFrance’s Macron Calls for Reset of Economic Ties With ChinaBuffett Praises Apple After Trimming It, Drops Paramount StakeTreasury Rally Risks Running Into a $125 Billion Brick Wall‘Civil War’ Is a Gift to Trump
Fri, 03 May 2024 20:29:26 +0000	Exxon to take 18-24 months to hit full stride with Pioneer purchase HOUSTON (Reuters) -Exxon Mobil will take 18 to 24 months to achieve its full production synergies from its $60 billion purchase of U.S. shale oil producer Pioneer Natural Resources, the company's top shale executive said on Friday. Exxon this week closed all-stock acquisition after agreeing to an antitrust consent order that barred the former Pioneer CEO from joining its board and is moving in coming weeks to combine operations that will form the largest oil producer in the Permian basin. "You will see (oil production) grow pretty rapidly, year over year," said Bart Cahir, Exxon's senior vice president of shale, as Exxon applies its current growth strategy to the resources incorporated from Pioneer.
Fri, 03 May 2024 19:44:35 +0000	Sector Update: Energy Stocks Decline Late Friday Afternoon Sector Update: Energy Stocks Decline Late Friday Afternoon
Fri, 03 May 2024 17:53:44 +0000	Sector Update: Energy Stocks Down Friday Afternoon Sector Update: Energy Stocks Down Friday Afternoon
Fri, 03 May 2024 16:14:34 +0000	Top Midday Stories: Apple's Dividend, Buybacks Announcements; Amgen Obesity Drug Trial Results; Exxon Completes Pioneer Acquisition Top Midday Stories: Apple's Dividend, Buybacks Announcements; Amgen Obesity Drug Trial Results; Exxon Completes Pioneer Acquisition
Fri, 03 May 2024 15:00:00 +0000	Don’t Let the FTC Drama Distract You. Exxon Mobil Just Got a Huge Win. The Federal Trade Commission made headlines this week when it barred a well-known Texas oil executive from joining Exxon Mobil board, as a condition of the oil major’s purchase of Pioneer Natural Resources. The buzzy news around the deal was the FTC’s allegation that former Pioneer CEO Scott Sheffield had tried to convince other oil producers to slow production and boost prices. Sheffield declined to comment, but Pioneer disputed the FTC’s claims about collusion, saying the commission has a “fundamental misunderstanding of the U.S. and global oil markets.”
Fri, 03 May 2024 13:31:00 +0000	Exxon Completes $60 Billion Pioneer Natural Resources Acquisition Exxon Mobil has completed its $60 billion acquisition of rival Pioneer Natural Resources after reaching an agreement with antitrust regulators, closing out the largest oil-and-gas deal in decades.
Fri, 03 May 2024 13:01:00 +0000	Why You Should Bet on Sunoco (SUN) Ahead of Q1 Earnings Investors may find it advantageous to purchase Sunoco (SUN) before Q1 earnings release, given its strategic acquisition deal and strong and sustainable business model.
Fri, 03 May 2024 12:43:00 +0000	ExxonMobil Completes Acquisition of Pioneer Natural Resources SPRING, Texas, May 03, 2024--Exxon Mobil Corporation (NYSE: XOM) today announced it has closed its acquisition of Pioneer Natural Resources Company (NYSE: PXD).
Fri, 03 May 2024 08:41:52 +0000	ExxonMobil’s $60bn Pioneer acquisition gets nod from US regulator However, Pioneer's co-founder and former CEO Scott Sheffield has been barred from joining Exxon's board due to allegations of attempted collusion with OPEC and OPEC+.
Fri, 03 May 2024 05:49:54 +0000	PRESS DIGEST- New York Times business news - May 3 Following are the top stories on the New York Times business pages. - Sony Pictures Entertainment and the private equity giant Apollo Global Management have formally expressed interest in acquiring Paramount for roughly $26 billion. - TikTok and Universal Music Group have reached a new licensing deal where the companies said that they had agreed to a "multi-dimensional" new deal that included improved remuneration for Universal's roster of artists and songwriters.
Fri, 03 May 2024 05:03:56 +0000	Decoding Pioneer Natural Resources Co (PXD): A Strategic SWOT Insight Unveiling the Financial Fortitude and Market Dynamics
Fri, 03 May 2024 02:43:35 +0000	American oil tycoon accused of trying to conspire with OPEC to inflate prices Scott Sheffield, the founder and longtime CEO of Texas oil producer Pioneer Natural Resources, attempted to collude with OPEC and its allies to inflate oil prices, federal regulators alleged Thursday.
Thu, 02 May 2024 21:56:24 +0000	Pioneer reports lower profit ahead of its takeover by Exxon Earlier in the day, the U.S. Federal Trade Commission gave the go-ahead to Exxon Mobil's $60 billion purchase of the company, but barred Pioneer's former CEO, Scott Sheffield, from joining Exxon's board on allegations he attempted to collude with OPEC to raise oil prices. Sheffield retired as Pioneer's CEO on Dec. 31, but continues to serve on its board and was due to take a seat on Exxon's board when the acquisition closed.
Thu, 02 May 2024 19:14:05 +0000	Oil Swings as Traders Weigh Inventory Gain, Potential Cease-Fire (Bloomberg) -- Oil settled little changed after swinging in a narrow range throughout the session, with a buildup in US stockpiles and a potential cease-fire in the Middle East suppressing a rebound from yesterday’s sharp losses.Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineApple Rallies on Upbeat Forecast, Record-Setting BuybackTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesIn Jamie
Thu, 02 May 2024 18:35:43 +0000	Exxon Mobil deal with Pioneer gets FTC nod, but former Pioneer CEO Scott Sheffield barred from board Exxon Mobil's $60 billion deal to buy Pioneer Natural Resources on Thursday received clearance from the Federal Trade Commission, but the former CEO of Pioneer was barred from joining the new company's board of directors. The FTC said Thursday that Scott Sheffield, who founded Pioneer in 1997, colluded with OPEC and OPEC+ to potentially raise crude oil prices.
Thu, 02 May 2024 18:11:00 +0000	Former Pioneer CEO Is Accused of Trying to Collude With OPEC The FTC alleges Scott Sheffield tried to coordinate on oil production and prices. The agency referred the case for a potential criminal probe.