The Federal Trade Commission is poised to grant approval to Exxon Mobil’s (XOM) planned $60B purchase of Pioneer Natural Resources (PXD) after the companies agreed to minor concessions, according to Bloomberg’s Kevin Crowley and Leah Nylen, citing people familiar with the matter.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on XOM:
- XOM, SLB, or CVX: Which Energy Stock is the Most Attractive Pick?
- Exxon Mobil price target raised to $135 from $128 at TD Cowen
- Exxon Mobil price target raised to $120 from $111 at HSBC
- Exxon Mobil price target raised to $142 from $138 at Wells Fargo
- ProPetro in three year deal with Exxon in Permian, no terms
