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Analysts: Pioneer Megamerger Could Cost Exxon Mobil $70 Billion

A megamerger between shale driller Pioneer Natural Resources and supermajor Exxon Mobil could reshape the Permian Basin. But Exxon would need to offer a hefty sum to attract a deal, analysts say.

Exxon Eyes Potential Purchase of Permian E&P Pioneer Natural Resources

Exxon Mobil and Pioneer, in separate emails, told Hart Energy they would not comment on market rumors or speculation.

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