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 ...
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 ...
such as the acquisition of Pioneer Natural Resources (completed in May 2024). This merger is anticipated to further bolster ExxonMobil's reserves and production capabilities. In terms of financial ...
Exxon got even bigger in 2024, completing its $60bn all-share acquisition of Pioneer Natural Resources for its Guyana and Permian basin assets. This drove production up and added $340mn in earnings in ...
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