Pioneer Natural Resources (PXD) and Parsley Energy (PE) $4.5bn merger information including expected completion date, offer price and contact details are displayed in the acquisition details table below. An invaluable buyout factsheet for traders and investors looking to trade the merger arbitrage spread.
This deal was successfully consummated on January 12, 2021
Parsley Energy (NYSE: PE) & Pioneer Natural Resources (NYSE: PXD) Merger
Receive FREE instant access to constantly updated PE news related to the current merger. Simply register by entering your email address to receive weekly publication updates. For more proprietary Merger Arbitrage Limited content and analysis on this buyout, click either Pioneer Natural Resources (PXD) or Parsley Energy (PE). Proprietary commentary can also be accessed by simply entering a ticker symbol into the search box such as “PXD” or “PE“, or clicking on a stock ticker in the tag cloud at the foot of this article.
Traders and shareholders can review similar merger details on current takeover stocks by first selecting “DEALS” from the main menu above, then “Current Cash Deals” or “Current Stock Deals“. For previous acquisitions, select either “Closed Deals” or “Failed Deals“. See our Spread Tracker News for mergers and acquisitions updates on the existing T20 Index portfolio constituents. Additionally, check out our customized M&A PR Newswire or Business Wire press release news feeds exclusively for Merger Arbitrage Limited.
Parsley Energy (NYSE: PE) & Pioneer Natural Resources (NYSE: PXD) Merger - Acquisition News and Events
The major news updates & events of the acquisition of Parsley Energy (PE) by Pioneer Natural Resources (PXD) are listed below. A comprehensive data source for
- Traders looking to familiarize themselves with the merger details of Pioneer (PXD) and Parsley (PE) and trade the merger arbitrage spread
- Existing shareholders and investors wishing to stay abreast of the latest deal developments
Following the acquisition news section, there are in-depth company profiles.
Pioneer Natural Resources Company Profile
Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States. The company explores for, develops, and produces oil, natural gas liquids (NGLs), and gas. It has operations primarily in the Permian Basin in West Texas. As of December 31, 2019, the company had proved undeveloped reserves and proved developed non-producing reserves of 39 million barrels of oil, 16 million barrels of NGLs, and 83 billion cubic feet of gas; and owned interests in 11 gas processing plants. Pioneer Natural Resources Company was founded in 1997 and is headquartered in Irving, Texas.
Parsley Energy Company Profile
Parsley Energy, Inc., an independent oil and natural gas company, engages in the acquisition, development, exploration, production, and sale of crude oil and natural gas properties in the Permian Basin in west Texas and Southeastern New Mexico. As of December 31, 2019, its acreage position consisted of 191,179 net acres, including 149,615 net acres in the Midland Basin and 41,564 net acres in the Delaware Basin; and operated 558.9 net acres of the horizontal wells and 723.1 net acres of the vertical wells, as well an estimated proved oil, natural gas, and natural gas liquid reserves of 592.3 MMBoe. The company was founded in 2008 and is headquartered in Austin, Texas.
