PXD

Pioneer Natural Resource Co.

PXD

Market cap $63B

Delisted

PXD was delisted on the 2nd of May, 2024.

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FTC Alleges Pioneer CEO Colluded To Boost Oil Prices — Exxon Will Close $65B Acquisition Anyway

ExxonMobil XOM this week received clearance from the Federal Trade Commission to complete its $65 billion acquisition of Pioneer Natural Resources PXD.

Pioneer reports lower profit ahead of its takeover by Exxon

Pioneer Natural Resources on Thursday reported a lower first-quarter profit, weighed down by higher production costs and weak natural gas prices.

FTC greenlights Exxon-Pioneer megadeal with a caveat. It's still a good sign for energy mergers

U.S. regulators on Thursday gave the go-ahead to Exxon Mobil's $60 billion purchase of Pioneer Natural Resources, but barred Pioneer's former CEO from Exxon's board on allegations he attempted to collude with OPEC to raise oil prices.

FTC accuses ex-Pioneer CEO of colluding with OPEC, blocks him from Exxon board seat

FTC accuses ex-Pioneer CEO of colluding with OPEC, blocks him from Exxon board seat

Proactive Investors

Pioneer founder barred from Exxon board in pending $60bn mega merger

The Federal Trade Commission (FTC) has barred Scott Sheffield, the founder and former chief executive of Pioneer Natural Resources, from taking a seat on Exxon's board of directors following Exxon's pending $64.5 billion acquisition of the group. It aims to prevent any potential for collusive behavior that could adversely affect crude oil market prices.

Pioneer Natural Resources Responds to FTC Settlement Complaint Filed as Part of Approval of Proposed Transaction with ExxonMobil

DALLAS--(BUSINESS WIRE)--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: We disagree and are surprised by the FTC's Complaint saying that Mr. Sheffield's record and statements o.

Pioneer Natural Resources Responds to FTC Settlement Complaint Filed as Part of Approval of Proposed Transaction with ExxonMobil

US FTC order bans Exxon Mobil, Pioneer Natural Resources deal

The Federal Trade Commission said on Thursday it prevented former Pioneer Natural Resources CEO Scott Sheffield from serving on Exxon Mobil's board of directors as it resolves antitrust concerns about Exxon's bid to buy the top shale oil producer.

FTC Will Approve Exxon's $60 Billion Merger With Pioneer—With One Caveat

The Federal Trade Commission is set to approve ExxonMobil's $60 billion takeover of Pioneer Natural Resources, according to multiple outlets, though the deal can reportedly only close if former Pioneer CEO Scott Sheffield, who faces allegations of engaging in activity to raise gas prices, is barred from the combined company's board of directors.

Exxon to Close Megadeal; Pioneer Ex-CEO to Be Barred from Exxon Board in Deal With FTC

Antitrust enforcers are set to allege former Pioneer CEO Scott Sheffield discussed coordinating oil-production levels with other producers and OPEC.

Exxon-Pioneer deal set to be cleared by FTC, reports say. But there's an unusual twist.

Exxon Mobil Corp.'s XOM, -1.89% $60 billion takeover of Pioneer Natural Resources is set to be cleared by U.S. regulators, according to reports Wednesday, but there's a twist involving the latter's chief executive.

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