Insight
ExxonMobil-Pioneer: sustainable Big Oil?
Report summary
ExxonMobil is to acquire Pioneer for US$64.5 billion. It’s exactly the type of deal we were envisaging when we said, a few years ago, that Big Oil will get bigger through the energy transition. So, why did we say that? Why has ExxonMobil done this deal? To answer those questions, you need to think beyond value and volume, and consider broader strategic impact. In this note, we analyse the deal through the lens of WoodMac’s Corporate Resilience and Sustainability Indices (CoRSI).
Table of contents
- Why has ExxonMobil done this deal?
-
Impact on ExxonMobil’s CoRSI ratings
- Dimensions of Resilience and Sustainability, quantified
- Sustainability
- Resilience
- So what?
- Final thought
Tables and charts
This report includes 4 images and tables including:
- Corporate Sustainability ratings
- Corporate Sustainability ratings, weighted by Dimension
- Corporate Resilience ratings, weighted by Dimension
- CoRSI ratings of Pioneer, ExxonMobil and merged company, unweighted measures
What's included
This report contains:
Other reports you may be interested in
Insight
Long-term Brent price maintained at US$65/bbl – oil and gas price assumptions versus forecasts
Defining our price assumptions and methodology, their use in our tools and services, and why these are independent of our price forecasts.
$1,350
Country Report
Uganda upstream summary slides
To complement our more detailed Uganda upstream summary we provide a slide-pack of the key issues in Uganda.
$2,700
Asset Report
Seneca Resources Lower 48 upstream
Upstream valuation of Seneca Resources's assets.
$22,800