Exxon’s Potential Pioneer Deal: Short-Term Gains for Long-Term Pain

Exxon’s Potential Pioneer Deal: Short-Term Gains for Long-Term Pain

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Exxon Mobil is hunting for more Permian Basin assets. That’s why informal talks with Pioneer Natural Resources are happening. The move might seem like a natural for XOM, but it could turn out to be one acquisition too many. Here’s why.

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