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ExxonMobil’s $60 Billion Bet on the Future of Ener
ExxonMobil just completed its $60 billion acquisition of Pioneer Natural Resources, creating the largest shale oil producer in the United States. ⛽📈 In this 1-minute breakdown, we explain: How the deal expands Exxon’s 15 billion-barrel reserve base in the Permian Basin. Why the company’s low debt and strong free cash flow make this ...
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