Rumours are true. Exxon offered $250/share. Currently, the board is voting. Expected vote is YES. Decision will be announced in an all-employee meeting tomorrow.
Don’t Worry Y’all!
XOM is not planning to acquire us until 114 is fully constructed! We have PLENTY of time!
Voting currently happening
According to no sources
Patience
The worst part of all of this is the waiting and no communication.
I can't wait
Some things will change for sure if competent leadership takes over. At least for once the right people might be the ones who are shown the door. All the brownnosers who were promoted for their butt-kissing abilities must be shaking in their boots... — read more
Great info
XOM employee here who was at a different company that was acquired by a company other than XOM and I took the severance. I then ended up at XOM. Yes, this su-ks, period. Your whole world has been turned upside down due to forces you can’t... — read more
exxonmobil-s-xual-as--ult-charge-man-charged/13879250/
https://abc13.com/david-scott-exxonmobil-s-xual-as--ult-charge-man-charged/13879250/
Any guesses on when this will be announced
Place your bets
Crickets…
Dead deal?
Info leaked from PXD
The sources came from within PXD in order to boost the stock price, ki-ling a potential stock and cash deal, like XOM like to do. If they are willing to pay the premium it will now be an all cash deal only. Oil is only going up now with turmoil in... — read more
If we join Exxon, we're screwed
I've spent a few hours over the weekend going over posts on Exxon's layoff forum and I didn't like what I saw one bit. The one thing that stuck out is that instead of layoffs, Exxon now pushes PIPs to save money. Employees put on PIPs either quit or... — read more
Just gonna leave this here
https://www.reuters.com/world/us/head-exxons-shale-oil-business-faces-sexual-assault-charge-texas-2023-10-08/
IN SS we trust!
SS WILL TAKE CARE OF US. WE ARE HIS PEOPLE AND HIS PRIORITY!
Pioneer Water Management??
Wonder what will happen to the subsidiary (PWM) ?
Pioneers Legal department will be axed first
5 months pay
Can we please get a legit update?!
My weekend has been ruined by anxiety over this. I keep refreshing the news and this site to see if anything gets more substantiated. Throw us a bone 10th floor!
I can't help but notice all the negativity about Pioneer lately
I'm beginning to think I'm the only one left who still likes working here. Sure, I get the worries about layoffs, we're all in the same boat there. But other than that, I'm actually pretty content. The pay's good, the benefits are decent, and I'm... — read more
How many will be let go?
Which departments hit the hardest
Severance Package Amounts? Any thoughts
Does anybody know what a potential 12 month severance package would look like?
Dame BAD luck calls again for those awesome Pioneer Employees
ExxonMobil knocking on the door again for Pioneer's 60-billion-dollar assets in the Permian Basin, vast cost saving with the combination of the two companies. An oilfield M&A is buying the currently producing long-life wells, the equipment... — read more
Exxon Buyout
The new rumor of Exxon buying Pioneer is here.
Exxon Deal
Will announce late Q4 early Q1!!!
Maybe?
Just maybe we have been talking about the wrong company that starts with a E!
Exxon
Rumor is the deal fell thru….thoughts?
Employee meeting
At the Hwy 80 office and nearly a month after the quarterly…. Something is off.
XOM! Is coming
The Calm before the Annexation
This is why people are leaving
They have no interest in developing employees and would rather see turnover than give someone outside of their inner circle a promotion. The game has always been to reward themselves with more stock at the detriment of the employees. This is 100... — read more
So many people putting in two weeks
…do they know something i do not?
D Day
I have my cardboard boxes ready to pack
I am prepared
As an M&A expert i am fully prepared for what’s coming next. SS and crew will take their PP to Houston to meet with XOM, but SS will pass on the plane while fishing out his phone from the toilet. RD will take over temporarily and close the deal, it’s... — read more
Xom! Playing smoke and mirrors......
Buy the rumor and sell the news! No buyout is coming
Selling the farm to X-on
It was only a matter of time since the last run with layoffs that Pioneer would be sold. The combination of Pioneer and Exxon makes sense on same basin assets, saving in operations. Pioneer has done many acquisitions when it was growing by drilling... — read more
Would we get a severance?
What would a potential buyout look like for the employees
New Company Name: ExPioneer
Exxon and Pioneer, both giants in their prime, Decided to merge and have a good time, They brainstormed for hours and sipped on some wine, Until they settled on a name that was just fine. They came up with ExPioneer, a name so clever, But they... — read more