Shale Producer Pioneer Natural To Buy Rival Parsley For $4.5 Billion In All-stock Deal

Pioneer Natural Resources Co said on Tuesday it would buy smaller rival Parsley Energy Inc in a deal valued at about $4.5 billion, the latest consolidation among U.S. shale producers slammed by the rout in oil prices during the pandemic.

from Top Business News- News18.com https://ift.tt/2TbxUnF

• Tweet
• Share
• Share
• Share
• Share