Deal Insight
Pioneer acquires Permian pure-play DoublePoint for US$6.4 billion
Report summary
Pioneer is acquiring DoublePoint Energy for US$6.4 billion. Following its Parsley acquisition, the deal is the next iteration of its Permian-focused strategy to deliver scale and modest production growth to remain an "investible" E&P company. DoublePoint was a "build to sell" private-equity backed Permian pure-play operator with largely overlapping acreage with Pioneer in the Midland Basin.
Table of contents
- Executive summary
- Transaction details
- Upstream assets
- Deal analysis
- Upsides and risks
- Strategic rationale
- Oil & gas pricing and assumptions
Tables and charts
This report includes 8 images and tables including:
- Executive summary: Table 1
- Pioneer and DoublePoint: acreage position
- Upstream assets: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Deal analysis: Table 3
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
What's included
This report contains:
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