From Breakingviews - Buying Pioneer would be iffy use of Exxon capital
Buying Pioneer would cost $64 billion for Exxon Mobil. With synergies, the implied return is a healthy 11%, @Breakingviews reckons. Oil demand is peaking, however, and shale drillers run through the best wells quickly, says columnist @rob_cyran
From Breakingviews - Buying Pioneer would be iffy use of Exxon capital
Pioneer Natural jumps on report of buyout talks with Exxon
From @Breakingviews : For Exxon Mobil, buying Pioneer Natural Resources would cost a chunky $64 billion. The implied return on investment looks healthy enough under conventional parameters. These days, however, the bar is higher @rob_cyran
From Breakingviews - Buying Pioneer would be iffy use of Exxon capital
Shale's start-up phase is drawing to a close as Exxon sets its sights on one of the country's biggest frackers, says @liamdenning via @opinion
Shale producers are surging as traders bet they could be potential takeover targets after Exxon’s reported interest in Pioneer
Loading
Alexandria Ocasio-Cortez grills former Exxon scientists on oil giant's climate change denial
Exxon is rated top ten best in world for environment, social & governance (ESG) by S&P 500, while Tesla didn’t make the list! ESG is a scam. It has been weaponized by phony social justice warriors.
Big Oil's first quarter profits: Shell: $9.13 billion ExxonMobil: $8.8 billion Chevron: $6.5 billion BP: $6.2 billion Why not a windfall profits tax?
Shock. Shock. Shock. Gas prices are at the highest level in 7 years while Exxon Mobil, Chevron, Shell & BP made nearly $25 billion in profits last quarter – the highest level in over 7 years. The problem is not inflation. The problem is corporate greed, collusion & profiteering.
It's shameful Tillerson refused to answer my questions on his company's role in funding phony climate science. Bottom line: #ExxonKnew
Loading