Why Exxon and Pioneer Agreed to $59.5 Billion Deal

Exxon Mobile Corp. CEO Darren Woods and Pioneer Natural Resources CEO Scott Sheffield explain why the two companies agreed to combine in a deal valued at $59.5 billion. Speaking with Alix Steel on "Bloomberg Markets," Woods and Sheffield also discuss the outlook for the shale industry and the potential impact of the Israel-Hamas war on oil prices.
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[@louislong1514]

I bought more XOM today, been buying since its $35 from Covid era. Energy/Oil is not going anywhere.

[@jimb3093]

@@louislong1514 and a great dividend. 👍

[@user-mg4yd8nr6d]

HI there this Saadakh MaAney Ali

[@rakeshdalal]

It’s about two top executives rubbing each other’s shoulders as what XOM did buying XTO at 26B that took 15 years to digest as Nat Gas and oil died for long time ago after purchasing XTO.
Time & Time again, investors die and two executives sleep in the same bed

[@user-mg4yd8nr6d]

I agree to get deal with pioneer Scott

[@patrickbergin8128]

✅️

[@kiatwatgiattanonphds5551]

Corruption in executive

[@MCisra3l]

Im curious, can you tell me where is the corruption?

[@Praisethesunson]

All of it​@@MCisra3l

[@garo52]

Ive heard of these drilling "technologies" in the past...hes rehashing old news

[@rakeshdalal]

Exxon is screwed big time. 26B XTI didn’t teach them anything. Since when XOM makes good deal ? May be there is foul play. Short the damn stock. Add to this OPEC blunder, fine etc for XOM

[@Praisethesunson]

These guys need to be tried for crimes against humanity