Exclusive: CEO Scott Sheffield Retires, COO Tim Dealy Named Pioneer Natural’s Key to Shale Future
Shares of Pioneer Natural Resources Co. (PXD) fell by over 2% in the extended session on Wednesday after the exploration and production company announced that its board has named Richard “Rich” P. Dealy as the company’s next chief executive officer, effective from January 1st. Current CEO Scott D. Sheffield will retire at the end of […]
Exclusive: Exxon and Pioneer Natural in Exciting Talks for a Groundbreaking Deal – WSJ
Exxon Mobil has reportedly been involved in informal discussions on a potential acquisition of Pioneer Natural Resources. According to anonymous sources, Exxon sees Pioneer as a top target, as it explores options for investing its cash, with any deal not likely to occur until later this year or next year.