Trend > News > Breakingviews – Buying Pioneer would be iffy use of Exxon capital
Breakingviews – Buying Pioneer would be iffy use of Exxon capital
Breakingviews - Buying Pioneer would be iffy use of Exxon capital,Exxon Mobil is poking around in the wrong area. Buying Pioneer Natural Resources would cost a chunky $64 billion. The implied return on investment looks healthy enough under conventional parameters, according to Breakingivews calculations. These days, however, the bar is higher.

Breakingviews – Buying Pioneer would be iffy use of Exxon capital

Exxon Mobil is poking around in the wrong area. Buying Pioneer Natural Resources would cost a chunky $64 billion. The implied return on investment looks healthy enough under conventional parameters, according to Breakingivews calculations. These days, however, the bar is higher.