PXD Jan 2025 110.000 put
| Previous close | 0.7400 |
| Open | 0.7400 |
| Bid | 0.1000 |
| Ask | 2.3500 |
| Strike | 110.00 |
| Expiry date | 2025-01-17 |
| Day's range | 0.7400 - 0.7400 |
| Contract range | N/A |
| Volume | |
| Open interest | 12 |
Associated Press FinanceFederal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company
Federal regulators are investigating ExxonMobil's $60 billion deal to acquire a Texas oil company in what would be one the largest mergers in the energy industry in two decades, according to securities filings. The Federal Trade Commission, which enforces federal antitrust law, has asked for additional information from the companies about Exxon’s proposed acquisition of Pioneer Natural Resources. Pioneer disclosed the request in a filing Tuesday.
ReutersExxon, Pioneer receive second US FTC request for details on pending takeover
The companies are working with the FTC and continue to expect that the deal will be completed in the first half of 2024, Pioneer said in a regulatory filing. U.S. Senate Majority Leader Charles Schumer and 22 other Democratic senators wrote to the FTC in November saying multibillion-dollar acquisitions by major oil and gas companies Exxon and Chevron could lead to higher prices for consumers.
- Reuters
UPDATE 2-Exxon, Pioneer receive second US FTC request for details on pending takeover
The U.S. Federal Trade Commission has sent shale oil producer Pioneer Natural Resources and Exxon Mobil a second request for more information on their $60 billion takeover deal, Pioneer said on Tuesday. The companies are working with the FTC and continue to expect that the deal will be completed in the first half of 2024, Pioneer said in a regulatory filing. U.S. Senate Majority Leader Charles Schumer and 22 other Democratic senators wrote to the FTC in November saying multibillion-dollar acquisitions by major oil and gas companies Exxon and Chevron could lead to higher prices for consumers.
