Exxon to buy rival Pioneer for almost $60 billion
STORY: Exxon agreed on Wednesday (October 11) to buy U.S. rival Pioneer in a nearly $60 billion deal, making the supermajor a giant in the U.S. shale oil industry.
It’s Exxon’s biggest deal since its $81 billion purchase of Mobil Oil in 1998.
The companies said on Wednesday they had sealed an all-stock deal valuing Pioneer at $253 a share.
Pioneer has been one of the most successful oil companies to emerge from the shale revolution, which turned the U.S. from a major oil importer into the world's largest producer in little more than a decade.
This deal will leave four of the largest U.S. oil companies in control of much of the highly valued Permian Basin shale field.
According to analysts, Pioneer is the Permian's largest operator, placing Exxon in the most dominant position.
In the last two years, Exxon has pulled itself out of a period marked by deep losses and huge debts.
It slashed costs, sold dozens of assets and benefited from high energy prices spurred by Russia's invasion of Ukraine.
The oil giant's share price has recovered strongly since its early 2020 tumble to about $30 when oil and gas prices collapsed.
Exxon shares recently hit an all-time high of $120 per share.
相關影片推薦
- 1:4131歲接家業! 殷琪婚姻兩度觸礁又未婚生子民視影音390,517 次觀看・1 天前
- 2:18乖乖存穩穩賺 鎖定「含金湯匙」ETF進擊的荷包53,474 次觀看・2 天前
- 0:28殷琪遭爆涉運毒 誤買含大麻產品獲不起訴華視影音39,631 次觀看・1 天前
- 1:18具荷拉鉅額遺產媽媽拿不到! 判決出爐網友狂讚:遲來的正義娛樂星聞418,393 次觀看・3 天前
- 1:45華航空姐「酒醉鬧機」遭拒載 小港機場咆哮找立委|#鏡新聞鏡新聞13,079 次觀看・21 小時前
- 1:40消費者蝦皮智取店取貨 包裹竟被拆封、商品不見東森新聞影音7,399 次觀看・2 天前
- 2:01智利男金屬探測器找路邊硬幣 一周換到新電視 還挖出金飾Yahoo奇摩(國際通)3,415 次觀看・1 天前
- 1:57二手「保時捷」行情跌! 上百台卡市場「賣不掉」東森新聞影音3,148 次觀看・1 天前
- 1:41民宅成私人兵工廠「藏逾40槍枝」! 桃園警雷霆除暴成果曝TVBS新聞網影音11,270 次觀看・1 天前
- 1:59勵志! 昆凌90歲爺爺百米短跑奪金 周杰倫驕傲曬照民視影音214,977 次觀看・2 天前