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Delaware Basin
ExxonMobil Chairman and CEO Darren Woods (left) and Pioneer CEO Scott Sheffield [Photos: Business Wire]
ExxonMobil Closes $59.5B Acquisition of Irving-Based Pioneer Natural Resources
by Lance Murray | May 3, 2024
ExxonMobil said the merger creates "an unconventional business" with the largest, high-return development potential in the Permian Basin.
by Lance Murray |
Oct 11, 2023
The companies said the all-stock merger deal combines Pioneer’s more than 850,000 net acres in the Midland Basin with ExxonMobil’s 570,000 net acres in the Delaware and Midland Basins, creating "a diversified energy company with the largest footprint of high-return wells in the Permian Basin."
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by Lance Murray |
Aug 17, 2023
Dallas-based Energy Transfer LP has agreed to acquire Houston-based Crestwood Equity Partners in an all-equity transaction valued at roughly $7.1 billion.
Included in the deal is the assumption of $3.3 billion of debt, based on the closing price on Aug. 15, Energy Transfer said. The deal is expected to close in the fourth quarter....
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