Pioneer Natural Resources Co

NYSE:PXDUnited States

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• DJ Trending: FTC and Exxon Clear Way for Pioneer Deal, from 26 minutes ago by Dow Jones

  26 minutes ago by Dow Jones
  Companies Mentioned: PXD, XOM
  
  14:23 ET -- Exxon Mobil is one of the most mentioned companies in the U.S. across all news items in the past 12 hours, according to Factiva data. A consent decree with the U.S. Federal Trade Commission clears the way for the purchase of Pioneer Natural Resources, a stock deal initially valued at about $60 billion. Former Pioneer CEO Scott Sheffield is barred from joining Exxon's board. The FTC alleges he attempted to collude with representatives of the Organization of the Petroleum Exporting Countries to coordinate production and raise oil prices. FTC officials have decided to refer the allegations to the Justice Department, according to people familiar with the matter. Pioneer said the FTC complaint "reflects a fundamental misunderstanding of the U.S. and global oil markets and misreads the nature and intent of Mr. Sheffield's actions." Dow Jones & Co. owns Factiva. (josh.beckerman@wsj.com)
  

• DJ Former Pioneer CEO Is Accused of Trying to Collude With OPEC -- WSJ, from 38 minutes ago by Dow Jones

  38 minutes ago by Dow Jones
  Companies Mentioned: PXD, XOM
  
  By Benoît Morenne, Dave Michaels and Collin Eaton
  
  The former CEO of shale oil company Pioneer Natural Resources attempted to collude with OPEC officials to raise oil prices, U.S. antitrust enforcers said in an unusual order that barred the executive from Exxon Mobil's board and could lead to a criminal probe.
  

• Sector Update: Energy Stocks Rise in Thursday Afternoon Trading, from 1 hour ago by MT Newswires

  1 hour ago by MT Newswires
  Companies Mentioned: MUR, PXD, XOM, COP
  01:46 PM EDT, 05/02/2024 (MT Newswires) -- Energy stocks gained in Thursday afternoon, with the NYSE Energy Sector Index up 1.2% and the Energy Select Sector SPDR Fund (XLE) adding 0.9%. The Philadelphia Oil Service Sector index rose 1.8%, and the D...

• Sector Update: Energy, from 1 hour ago by MT Newswires

  1 hour ago by MT Newswires
  Companies Mentioned: PXD, XOM
  01:34 PM EDT, 05/02/2024 (MT Newswires) -- Energy stocks were higher Thursday afternoon, with the NYSE Energy Sector Index up 1.1% and the Energy Select Sector SPDR Fund (XLE) rising 0.9%. The Philadelphia Oil Service Sector index was posting a 1.8%...

• *DJ FTC Officials Have Decided to Send Allegations Against Ex-Pioneer CEO to Justice Department -- WSJ, from 1 hour ago by Dow Jones

  1 hour ago by Dow Jones
  Companies Mentioned: PXD, XOM
  
  By Benoît Morenne, Dave Michaels and Collin Eaton
  
  Former Pioneer Natural Resources Chief Executive Scott Sheffield attempted to collude with representatives of the Organization of the Petroleum Exporting Countries to coordinate production and raise oil prices, U.S. antitrust enforcers said.