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Page 15 - Stewart Glickman News Today : Breaking News, Live Updates & Top Stories | Vimarsana

United Rentals (URI) PT Lowered to $443 at CFRA

United Rentals (URI) PT Lowered to $443 at CFRA
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CFRA Upgrades Wabtec (WAB) to Hold

CFRA Upgrades Wabtec (WAB) to Hold
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Exxon-Pioneer megadeal Q&A

U.S. oil major Exxon Mobil is in advanced talks to buy shale producer Pioneer Natural Resources at about $60 billion, sources familiar with the matter said. Here is how the deal could.

Exxon-Pioneer megadeal Q&A

The deal is for oil- and gas-producing fields that would more than double Exxon's production of oil and gas from the largest oilfield in the United States, the Permian. Exxon produced about 620,000 barrels of oil equivalent per day (boepd) in the Permian basin in the second quarter, while Pioneer's output in the basin averaged 711,000 boepd in the same period. Exxon would also acquire Pioneer's leases for land in the Permian that would give it potential to grow production.

Exxon-Pioneer megadeal Q&A

Exxon-Pioneer megadeal Q&A
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