Reversing Course, Mortgage Mania, and Airlines Grounded 10/6/23
The Exchange
00:00
ExxonMobil's Potential Acquisition of Pioneer
The chapter discusses the potential deal between ExxonMobil and Pioneer, where ExxonMobil is reportedly closing in on acquiring Pioneer for $60 billion. The guest, Bill Smie, Chief Investment Officer at Smiered Capital Management, expresses his support for the deal and discusses the advantages of acquiring existing production companies to extend the lifespan of businesses and avoid environmental criticisms.
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