Pioneer Natural Resources Company (PXD)
| Previous Close | 267.66 |
| Open | 269.47 |
| Bid | 271.17 x 800 |
| Ask | 271.23 x 1000 |
| Day's Range | 269.14 - 272.21 |
| 52 Week Range | 196.75 - 278.83 |
| Volume | |
| Avg. Volume | 2,019,368 |
| Market Cap | 63.303B |
| Beta (5Y Monthly) | 1.33 |
| PE Ratio (TTM) | 13.40 |
| EPS (TTM) | 20.21 |
| Earnings Date | May 02, 2024 |
| Forward Dividend & Yield | 10.94 (4.09%) |
| Ex-Dividend Date | Mar 01, 2024 |
| 1y Target Est | 274.81 |
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 EastSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaHuawei Secretly Backs US Research, Awarding Mi
- Reuters
UPDATE 3-Exxon-Pioneer deal gets green light from US FTC, Pioneer exec barred from board
The Federal Trade Commission on Thursday said Exxon Mobil's $60 billion purchase of Pioneer Natural Resources could go ahead 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.
