PXD Jan 2026 185.000 put
- Yahoo Finance Video
Exxon will likely still be producing oil & gas in 2050: Exxon CEO
Exxon Mobil (XOM) has completed an acquisition of Pioneer Natural Resources (PXD) in one of the largest oil deals in decades. Chairman and CEO Darren Woods sits down with Yahoo Finance's Brian Sozzi and Akiko Fujita to discuss the acquisition and the future of Exxon Mobil. Woods explains that the acquisition created an opportunity "to deliver more value than what either company could do on its own." He adds that with Pioneer's technology, Exxon Mobil will be able to produce more oil at a lower cost. The CEO expects the acquisition to generate an annual $2 billion in synergies. He adds that with new technologies on the horizon and innovations in the field, Exxon will likely continue producing oil and gas in 2050. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. Be sure to check out more from Yahoo Finance's coverage of the 2024 Milken Institute Global Conference. This post was written by Melanie Riehl
- Barrons.com
FTC Sparks Debate: Can One Texas Oilman Move the Price of Crude?
The regulator alleges Scott Sheffield attempted to collude with rivals and OPEC oil ministers to limit production.
- PR Newswire
Vistra Set to Join S&P 500; Aaon to Join S&P MidCap 400; Marathon Digital Holdings to Join S&P SmallCap 600
S&P MidCap 400 constituent Vistra Corp. (NYSE: VST) will replace Pioneer Natural Resources Co. (NYSE: PXD) in the S&P 500, S&P SmallCap 600 constituent Aaon Inc. (NASD: AAON) will replace Vistra in the S&P MidCap 400, and Marathon Digital Holdings Inc. (NASD: MARA) will replace Aaon in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, May 8. S&P 500 and S&P 100 constituent Exxon Mobil Corp. (NYSE: XOM) acquired Pioneer Natural Resources in a deal that closed today, Fri
