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Why Exxon and Pioneer Agreed to $59.5 Billion Deal
Posted
October 11, 2023
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October 11, 2023
7,237
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9:02Now PlayingExxon Mobile Corp. CEO Darren Woods and Pioneer Natural Resources CEO Scott Sheffield explain why the two companies agreed to combine in a deal valued at $59.5 billion. Speaking with Alix Steel on "Bloomberg Markets," Woods and Sheffield also discuss the outlook for the shale industry and the potential impact of the Israel-Hamas war on oil prices.
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