PXD Jun 2024 280.000 call
| Previous close | 3.2000 |
| Open | 3.2000 |
| Bid | 0.9500 |
| Ask | 8.7000 |
| Strike | 280.00 |
| Expiry date | 2024-06-21 |
| Day's range | 3.2000 - 3.2000 |
| Contract range | N/A |
| Volume | |
| Open interest | 383 |
Business WirePioneer Natural Resources Responds to FTC Settlement Complaint Filed as Part of Approval of Proposed Transaction with ExxonMobil
DALLAS, May 02, 2024--Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today issued the following statement in response to the decision by the U.S. Federal Trade Commission ("FTC") to clear the proposed merger with Exxon Mobil Corporation (NYSE: XOM) ("ExxonMobil") subject to a Consent Order based on allegations in a settlement Complaint directed at Mr. Sheffield:
BloombergExxon to Close Pioneer Deal as FTC Forces Out Sheffield
(Bloomberg) -- The US Federal Trade Commission declined to challenge Exxon Mobil Corp.’s $60 billion purchase of Pioneer Natural Resources Co. but asserted that Scott Sheffield, Pioneer’s co-founder, must not take a seat on the supermajor’s board. Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTesla Axes Supercharger Team in Blow to Broade
- Reuters
REFILE-UPDATE 2-US FTC signals Exxon deal approval, bars executive from board seat
The Federal Trade Commission signaled on Thursday it was prepared to green light Exxon Mobil's $60 billion purchase of Pioneer Natural Resources on the condition Pioneer's former CEO will not be allowed to join Exxon's board. The FTC's consent order prevents former Pioneer Natural Resources CEO Scott Sheffield from taking an offered seat on Exxon Mobil's board of directors to resolve antitrust concerns about Exxon's bid to buy the top shale oil producer.
