Exxon Mobil is reportedly interested in buying Pioneer. Here's what it could mean for the Club oil name
Pioneer Natural Resources (PXD) is an oil stock worth owning on its own merits. But a fresh report that Exxon Mobil (XOM) could acquire the Club holding would likely unlock even more value. Exxon has held "informal" talks about buying Pioneer, The Wall Street Journal reported Friday, citing people…
#pxd #exxonmobil #xom #club #exxon #pioneer #journal #sp500 #derrickwhitfield #permianbasin