Transforms ExxonMobil’s upstream portfolio by more than doubling the company’s Permian footprint
Combines Pioneer’s sizeable acreage, entrepreneurial culture and deep industry expertise.
Generated strong first-quarter earnings of $8.2 billion and $14.7 billion of cash flow from operating activities
Achieved quarterly gross production of more than 600,000 oil-equivalent barrels.
Delivered industry-leading 2023 earnings of $36.0 billion1, generated $55.4 billion of cash flow from operating activities and distributed $32.4 billion to shareholders
Leading industry in.