
Fracking titan is bulking up with $6.4 billion acquisition as oil prices recover
CNN
Pioneer Natural Resources announced Thursday it will buy DoublePoint Energy, a privately held oil and gas company, in a transaction worth about $6.4 billion.
The "bolt-on" acquisition will expand Pioneer's already industry-leading footprint in the Permian Basin, the largest US oil field, located in Southeastern New Mexico and West Texas. It's a show of confidence as oil prices recover from the pandemic. "DoublePoint has amassed an impressive, high quality footprint in the Midland Basin," the eastern part of the Permian Basin, Pioneer CEO Scott Sheffield said in a statement, adding that the deal "will complement our unmatched position in the core of the Permian Basin."
Janet Mills and her allies are counting on a gender gap to narrow Platner’s wide lead ahead of the June 9 primary to decide who will face incumbent Republican Sen. Susan Collins. They are betting that the unfiltered style that has brought Platner widespread attention as someone who could help Democrats reach young men will backfire with women.

As a shrinking number of Transportation Security Administration agents work to keep hourslong security lines moving despite not being paid, President Donald Trump stepped into the fray Saturday, announcing he will send Immigration and Customs Enforcement officers to airports by Monday if Congress doesn’t agree to a plan to end the partial government shutdown.











