Coverage dated December 4, 2023 to December 5, 2023

FTC Investigating Exxon’s $60 Billion Deal for Pioneer

Headline from Wall Street Journal

Newest development Dec 6, 2023 · 2 reportsLina Khan's FTC wants more information about Exxon's $60 billion mega-acquisition of Pioneer Natural Resources

The regulator is seeking more information from the oil producers about the megadeal.

Wall Street Journal's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Developments in this update

2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.

Dec 5, 2023
FTC Investigating Exxon’s $60 Billion Deal for Pioneer
Headline from Wall Street Journal ·
Dec 6, 2023Newest
Lina Khan's FTC wants more information about Exxon's $60 billion mega-acquisition of Pioneer Natural Resources
Headline from Fortune ·

Read the reports

Reports & sources

5 articles, oldest first.

Wall Street Journal
FTC Investigating Exxon’s $60 Billion Deal for Pioneer (opens Wall Street Journal)
Published Dec 4, 2023
Wall Street Journal's feed description
The regulator is seeking more information from the oil producers about the megadeal.
Time
FTC Investigating Exxon's $60B Merger With Texas Oil Company (opens Time)
Published Dec 4, 2023
Time's feed description
Schumer asked the FTC to "take a hard look at Exxon’s blockbuster merger and block it if it would lead to higher prices."
Fortune
Lina Khan's FTC wants more information about Exxon's $60 billion mega-acquisition of Pioneer Natural Resources (opens Fortune)
Published Dec 5, 2023
Fortune's feed description
The investigation comes after Chuck Schumer and other senators urged the FTC to investigate the Exxon-Pioneer deal and Chevron's $53 billion deal with Hess.
FOX Business
FTC investigates Exxon’s $60 billion deal for Pioneer (opens FOX Business)
Published Dec 5, 2023
FOX Business's feed description
The Federal Trade Commission is investigating ExxonMobil's planned acquisition of Pioneer Natural Resources over potential violations of federal antitrust law.
Washington Examiner
FTC investigates Exxon's $60B merger with Pioneer (opens Washington Examiner)
Published Dec 5, 2023
Washington Examiner's feed description
Antitrust enforcers are investigating Exxon Mobil’s nearly $60 billion merger with Pioneer Natural Resources, which is set to be the largest oil and gas deal in the last two decades.