Shares in American shale producers ticked up almost across the board Monday after reports that Exxon was in informal talks for the potential acquisition of Pioneer Natural Resources, whose stock jumped 8.5% on the day.
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Exxon Considers Buying U.S. Shale Giant | OilPrice.comExxonMobil has held informal talks about acquiring Pioneer Natural Resources as it looks to boost its position in the U.S. shale patch.
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