ExxonMobil's agreement to acquire Pioneer Natural Resources for $60 billion is discussed, highlighting the impact of interest rates on M&A deals and Exxon CEO's cost-cutting plans through the integration of the purchase.
Bloomberg Commodities Edge Anchor Alix Steel and Bloomberg Intelligence Senior Oil & Gas Analyst Fernando Valle break down Exxon agreeing to buy Pioneer Natural Resources for $59.5 billion as it seeks to become the dominant producer of shale oil. Andy Marsh, CEO of Plug Power, discusses building an end-to-end green hydrogen ecosystem. Hayley Berg, Economist at Hopper, shares the travel app's insight on holiday travel. And we Drive to the Close with Jim Gold, Co-Founder and Chief Executive Officer at Steward Partners.
Hosts: Jess Menton and Molly Smith. Producer: Paul Brennan.
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