PXD News and Press, Pioneer Natural Resources Company From 10/30/23

2023-10-30 13:34:42 ET Summary Exxon Mobil Corporation announced a massive acquisition of Pioneer Natural Resources, expected to provide $2 billion in pre-tax synergies. Exxon Mobil generates strong earnings, with production of 3.7 million barrels/day and a double-digit QoQ increa...

2023-10-30 13:07:59 ET Summary Exxon Mobil Corporation's Q3 earnings fell short of expectations, leading to a decline in its stock price. The company's financial performance was impacted by lower energy prices, particularly crude oil. Exxon Mobil's acquisition of Pioneer Natur...

2023-10-30 12:31:58 ET Summary Chevron Corporation offers $60 billion to acquire Hess Corporation following Exxon Mobil Corporation's acquisition of Pioneer Natural Resources. The Hess acquisition includes a 30% stake in the Stabroek Block off the coast of Guyana, which has signif...

2023-10-29 11:39:08 ET Summary SPDR® S&P Oil & Gas Exploration & Production ETF (XOP) provides exposure to the US oil & gas M&A scenario. The portfolio has the potential for 100% upside if valued at the average price of recent acquisitions. The sector ...

2023-10-29 09:03:39 ET Permian Resources ( NYSE: PR ), Chord Energy ( NASDAQ: CHRD ), and Magnolia Oil & Gas ( NYSE: MGY ) could be the next acquisition targets in the oil industry as consolidation continues with Exxon Mobil's ( XOM ) and Chevron's ( CVX ...

2023-10-27 16:26:36 ET Summary Exxon Mobil Corporation missed analyst estimates for Q3 '23 after a major deal announcement, confirming a bearish outlook. The acquisition of Pioneer Natural Resources raises concerns about focusing on non-organic growth and shifts focus away from th...

2023-10-26 16:25:17 ET More on EQT: EQT Corporation (EQT) Q3 2023 Earnings Call Transcript EQT Corporation 2023 Q3 - Results - Earnings Call Presentation EQT And The Electrification Of Everything EQT Q3 profit drops from year ago but beats expected loss ...

2023-10-26 14:19:53 ET Summary After considerable M&A in the oil patch, the universe of potential targets within the publicly traded tier-1 Permian operators has dramatically shrunk. I predict Diamondback Energy will be the next large publicly-traded M&A target among the b...

2023-10-26 08:30:00 ET Summary U.S. oil and gas production is seen as a safe bet and a positive amid geopolitical conflicts and market volatility. Energy production globally is a source of economic development. Consolidation in the oil and gas industry expected to continue as ...

CenterPoint Energy Inc (Holding Co) (CNP) is expected to report $0.37 for Q3 2023 The Hershey Company (HSY) is expected to report $2.47 for Q3 2023 ASE Technology Holding Co. Ltd. American Depositary Shares (each representing Two) (ASX) is expected to report for Q3 2023 Reliance Steel...