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RBC Capital Markets

Pioneer Natural falls on $6.4bn deal to buy DoublePoint Energy
Markets

Pioneer Natural falls on $6.4bn deal to buy DoublePoint Energy

  • The DoublePoint Energy deal is Pioneer's second big purchase and the fourth multi-billion shale deal this year. In January, Pioneer closed a $4.5 billion, all-stock purchase of Parsley Energy, giving it one of the largest positions in the Permian Basin, the top US shale field.
Published 05 Apr, 2021 09:06pm