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On paper it looks good, but so did the last big deal. And that went very poorly.
After almost a half-year of rumors, ExxonMobil (XOM -2.78%) finally reached a deal to acquire Pioneer Natural Resources (PXD -2.28%). In this video, Motley Fool contributors Jason Hall and Tyler Crowe take a look at the last big deal ExxonMobil did and offer some analysis on how this one could work out for investors.
*Stock prices used were from the morning of Oct. 11, 2023. The video was published on Oct. 11, 2023.
Jason Hall has no position in any of the stocks mentioned. Tyler Crowe has positions in ExxonMobil. The Motley Fool recommends Pioneer Natural Resources. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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