2 Apr 2021capital raising announcement▲ GoodMajor
Pioneer agreed to buy DoublePoint Energy's Permian subsidiary, Double Eagle, for $1.0 billion cash plus 27.2 million Pioneer shares - its second major Permian bolt-on in six months, after Parsley.
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15 May 2020capital raising announcement● NeutralMajor
Pioneer also raised $1.15 billion (upsized from a planned $1.0 billion) through low-interest convertible notes due 2025, adding to the liquidity it built during the 2020 oil-price crash; the notes are convertible into up to about 15.7 million Pioneer shares.