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1 year ago

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Breakingviews - Buying Pioneer would be iffy use of Exxon capital

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Breakingviews - Buying Pioneer would be iffy use of Exxon capital

Exxon Mobil is poking around in the wrong area. Buying Pioneer Natural Resources would cost a chunky $64 billion. The implied return on investment looks healthy enough under conventional parameters, according to Breakingivews calculations. These days, however, the bar is higher.

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Breakingviews - Buying Pioneer would be iffy use of Exxon capital

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Breakingviews - Buying Pioneer would be iffy use of Exxon capital

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Unlocking the Power of Knowledge
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