Profits for the biggest US oil and gas producers have almost tripled under President Joe Biden, even as the industry berates his administration’s “hostile” policies and warns that a second term would be “disastrous” for […]
On October 23, 2023 ExxonMobil announced the acquisition of Pioneer Natural Resources in an all-stock transaction valued at approximately $64.5 billion. The acquisition would combine Pioneer’s more than 856,000 acres in the Midland Basin with ExxonMobil’s 570,000 […]
Exxon Mobil is set to acquire Pioneer Natural Resources, which will increase its oil and gas sales and make it the largest player in the Permian Basin. The oil market balance is expected to be […]
HOUSTON, Jul. 14 /BusinessWire/ — Three leading U.S. oil and natural gas producing companies, Pioneer Natural Resources Company (NYSE:PXD), Devon Energy Corp. (NYSE:DVN) and ConocoPhillips (NYSE:COP), jointly announced today that they have joined the Oil […]
U.S. shale producers have exercised astonishing capital discipline in recent years. Despite calls on U.S. oil firms to ramp up production, many producers are being plagued by rising costs and supply chain bottlenecks. “Whether it’s […]
After more than a year of little to no dialogue with the U.S. oil industry, officials from the Biden Administration are set to meet with shale executives this week to discuss oil supply and energy […]
We sat down with Andrew Dittmar, Senior M&A Analyst at Enverus and we had a blast talking about the report they just put out. This was my second interview with Andrew and he again demonstrated […]
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