Exxon Mobil Corporation has completed the acquisition of the American oil and gas company Pioneer Natural Resources Company after receiving permission from the US Federal Trade Commission (FTC). This ...

A divided Federal Trade Commission granted final approval for Exxon Mobil’s $64.5 billion purchase of Pioneer Natural ...

That investment will grow output from its highest-margin assets, which will increase its earnings and free cash flow. Exxon also plans to deliver a cumulative $18 billion in cost savings by the end of ...

Scott Sheffield, founder of Pioneer Natural Resources Co., sued the US Federal Trade Commission, alleging the agency’s settlement barring him from Exxon Mobil Corp.’s board violated his constitutional ...

He led the business’s growth into an industry behemoth. In late 2023, Sheffield oversaw the sale of Pioneer to ExxonMobil for $64.5 billion. Shortly after announcing the deal, he appeared on ...

(Reuters) - Former Pioneer Natural Resources CEO Scott Sheffield sued the U.S. Federal Trade Commission on Tuesday, saying it violated the law by barring his inclusion on Exxon Mobil's board when ...

Scott Sheffield, founder and retired chief executive officer of Pioneer Natural Resources, has filed a federal lawsuit seeking to overturn him being banned from serving on ExxonMobil’s board of ...

Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil ...

With a strong focus on strengthening its presence in the Permian – the most prolific basin in the United States – ExxonMobil completed the acquisition of Pioneer Natural Resources Company on ...