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ExxonMobil completes acquisition of Pioneer Natural Resources

The merger of ExxonMobil and Pioneer creates an Unconventional business with the largest high-return development potential in the Permian Basin. The combined company’s more than 1.4 million net acres in the Delaware and Midland basins have an estimated 16 billion barrels of oil equivalent resource.

What we do

Delivering industrial solutions

We're helping accelerate society's path to net zero by scaling up emission-reduction solutions

Exxon Mobil Corporation (XOM)

$113.85

$-1.01 (-0.88%)

9:59am ET May 29, 2024

The need for energy is universal. That's why ExxonMobil scientists and engineers are pioneering new research and pursuing new technologies to reduce emissions while creating more efficient fuels. We're committed to responsibly meeting the world's energy needs.

Our global organization

ExxonMobil's three primary businesses provide products that enable modern life, including energy, chemicals, lubricants, and lower-emissions technologies. We have an industry-leading portfolio of resources, and we're one of the largest integrated fuels, lubricants and chemical companies in the world.

  • Low Carbon Solutions

    Helping reduce emissions by providing solutions to our industrial and commercial customers in growing markets for carbon capture and storage, hydrogen and biofuels.

  • Product Solutions Company

    Integrating our downstream and chemical operations to develop lower-emission fuels and innovative products critical to modern society.

  • Upstream Company

    Focused on strengthening energy security by expanding low-cost-of-supply, high-return oil and natural gas operations.

    Our global brands

    ExxonMobil manages an industry-leading portfolio of resources, and is one of the largest integrated fuels, lubricants and chemical companies in the world. We’ve evolved our operating model and global organization to better leverage the scale of our increasingly integrated company and global brands.

    Explore our global brands