When will ExxonMobil's merger with Pioneer Natural Resources close?

On 11 October 2023, energy firms ExxonMobil and Pioneer Natural Resources announced they would merge in an all-stock deal, which the two expect "to close in the first half of 2024" (ExxonMobil, CNBC). ExxonMobil CEO Darren Wood has said they "don't anticipate any regulatory issues," though the Biden administration has put many mergers and acquisitions under scrutiny (CNBC, CNN). The question would close early if both ExxonMobil and Pioneer announce that they have called off the merger. Confused? Check our FAQ or ask us for help. To learn more about Good Judgment and Superforecasting, click here. To learn more about how you can become a Superforecaster, see here. For other posts from our Insights blog, click here.