Shares of Pioneer Natural Resources aren't trading in a normal manner, and it could have a big impact on shareholders.
The dividend will be payable on December 29, 2023, to stockholders of record on December 20, 2023, with an ex-dividend date of December 19, 2023.
The Federal Trade Commission is investigating Chevron's acquisition of Hess oil company, the second inquiry the independent agency has opened this week of a major oil industry merger. Chevron and Hess said in separate filings that the FTC is seeking additional information and documentary materials related to Chevron's proposed $53 billion purchase of Hess, announced in October. The statements Friday follow an announcement earlier this week that the FTC is reviewing ExxonMobil's proposed $60 billion acquisition of Pioneer Natural Resources. Such requests for information are steps the agency takes when reviewing whether a merger could be anticompetitive under U.S. law.