YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
ExxonMobil is buying fracking giant Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, the oil and gas corporation announced Wednesday.
Exxon is committing about $64.5 billion, including debt, to the acquisition – the oil giant’s largest merger since merging with Mobil in 1999. The transaction gives the company an improved foothold in the Permian Basin of West Texas and New Mexico.
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An updated Lawrence County Health Department facility is under construction in a new development area on the south side of Mount Vernon, according to project officials.