XOM Mar 2025 105.000 call
| Previous close | 17.67 |
| Open | 16.52 |
| Bid | 15.55 |
| Ask | 17.10 |
| Strike | 105.00 |
| Expiry date | 2025-03-21 |
| Day's range | 16.52 - 16.52 |
| Contract range | N/A |
| Volume | |
| Open interest | 8 |
ReutersExxon to take up to two years to hit stride with Pioneer purchase
Exxon Mobil will take 18 to 24 months to achieve its desired production synergies from its $60 billion purchase of U.S. shale oil producer Pioneer Natural Resources, the company's top shale executive said on Friday. Exxon this week closed all-stock acquisition after agreeing to an antitrust consent order that barred the former Pioneer CEO from joining its board and is moving in coming weeks to combine operations that will form the largest oil producer in the Permian basin. The purchase more than doubles Exxon's output in the Permian, the top U.S. shale field, to about 1.3 million barrels per day of oil and gas.
Barrons.comDon’t Let the FTC Drama Distract You. Exxon Mobil Just Got a Huge Win.
The Federal Trade Commission made headlines this week when it barred a well-known Texas oil executive from joining Exxon Mobil board, as a condition of the oil major’s purchase of Pioneer Natural Resources. The buzzy news around the deal was the FTC’s allegation that former Pioneer CEO Scott Sheffield had tried to convince other oil producers to slow production and boost prices. Sheffield declined to comment, but Pioneer disputed the FTC’s claims about collusion, saying the commission has a “fundamental misunderstanding of the U.S. and global oil markets.”
ZacksWhy You Should Bet on Sunoco (SUN) Ahead of Q1 Earnings
Investors may find it advantageous to purchase Sunoco (SUN) before Q1 earnings release, given its strategic acquisition deal and strong and sustainable business model.
