Exxon Mobil Studies Potential Mega-Deal With Shale Driller Pioneer - WSJ

Exxon Mobil Studies Potential Mega-Deal With Shale Driller Pioneer - WSJ

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Exxon, which has oil storage tanks in Beaumont, Texas, is flush with cash after posting record profits in 2022. Exxon Mobil Corp. has held preliminary talks with Pioneer Natural Resources Co. about a possible acquisition of the U.S. fracking giant, as the oil major hunts for a blockbuster deal in…

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