ExxonMobil closed its $59.5B all-stock acquisition of Pioneer Natural Resources, more than doubling its Permian Basin footprint to 1.4M net acres with estimated 16B barrels of resource.
ExxonMobil Acquires Pioneer Natural Resources
Acquirer
ExxonMobil
→
Target
Pioneer Natural Resources
2024
Year
🇺🇸 United States
Country
Merger
Deal Type
Deal Value
Sector
Upstream
Subsector
Shale / Tight Oil
Industry
Oil and Gas
Date Added
Jun 22, 2026
Status
Completed
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