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11min chapter
Exxon Mobil’s $59.5B Deal & CEOs Speaking Up Against Antisemitism 10/11/23
Squawk Pod
Exxon Mobil's Acquisition of Pioneer Natural Resources
In this chapter of the podcast, the hosts discuss Exxon Mobil's agreement to acquire Pioneer Natural Resources in a $59.5 billion all-stock transaction. They interview Pioneer Natural Resources CEO Scott Sheffield and Exxon CEO Darren Woods, who explain the rationale behind the deal and how the two companies can create industry-leading value together. They also discuss the technological advancements, reduced emissions, and cost-efficiency that this partnership will bring.
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