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Friday, 08/01/2025 8:47:58 AM

Friday, August 01, 2025 8:47:58 AM

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Exxon Mobil Is on the Lookout For Acquisitions, CEO Woods Says
By Kevin Crowley August 1, 2025

Exxon Mobil Corp. is looking for opportunities to acquire smaller rivals, a year after buying Pioneer Natural Resources Co. for $60 billion, Chief Executive Officer Darren Woods said.
The Texas oil giant wants to acquire companies to create value through combining assets and expertise rather than simply buying to get bigger, Woods said on a call with reporters.

https://www.bloomberg.com/news/articles/2025-08-01/exxon-mobil-is-on-the-lookout-for-acquisitions-ceo-woods-says
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