Exxon-Pioneer deal talks: What Wall St, policymakers have to say

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Exxon-Pioneer deal talks: What Wall St, policymakers have to say
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Exxon-Pioneer deal talks: What Wall St, policymakers have to say

© Reuters. FILE PHOTO: The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015. REUTERS/Lucas Jackson/File Photo) in a deal that could value the Permian Basin producer at about $60 billion, according to people familiar with the matter.

"If Exxon Mobil is crowned the undisputed king of the Permian in the coming days, the shale sector will fundamentally become a more mature consolidated business."

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