What the Exxon Mobil-Pioneer Natural Resources merger means for consumers dallasnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dallasnews.com Daily Mail and Mail on Sunday newspapers.
Whenever a merger/acquisition like the deal this week between ExxonMobil and Permian pure-play independent Pioneer Natural Resources is announced, the analyst communit.
Exxon Mobil s mega $60
billion deal for shale rival Pioneer Natural Resources
could be a catalyst that will drive further consolidation in the
U.S. oil and gas industry, analysts said, as they zeroed.
Exxon Mobil's mega $60 billion deal for shale rival Pioneer Natural Resources could be a catalyst that will drive further consolidation in the U.S. oil and gas industry, analysts said, as they zeroed in on a handful of likely targets. The Permian Basin, the top U.S. oilfield known for its low cost of extraction, is seeing a consolidation with more than $26 billion worth of deals this year before the Exxon announcement, as per Rystad Energy data.
Exxon deal puts spotlight on M&A targets but heightened scrutiny a dampener wkzo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wkzo.com Daily Mail and Mail on Sunday newspapers.